BETA

Activities of Markus FERBER related to 2020/2036(INI)

Plenary speeches (1)

Digital Finance: emerging risks in crypto-assets - regulatory and supervisory challenges in the area of financial services, institutions and markets - Further development of the Capital Markets Union (CMU): improving access to capital market finance, in particular by SMEs, and further enabling retail investor participation (debate)
2020/10/07
Dossiers: 2020/2036(INI)

Amendments (5)

Amendment 157 #
Motion for a resolution
Paragraph 7
7. Highlights the importance of increasing legal certainty for cross-border investments by making national insolvency proceedings more efficient and effective; calls on the Commission to make ambitious legislative proposals to foster harmonisation of insolvency laws across the Union;
2020/07/17
Committee: ECON
Amendment 220 #
Motion for a resolution
Paragraph 13 a (new)
13a. Notes with concern that over the past years a higher share of trading flows has gone to trading venues with limited transparency requirements and points out that such trades do not contribute meaningfully to price discovery; calls on the Commission and supervisory authorities to ensure that there is a level playing field between different trading venues;
2020/07/17
Committee: ECON
Amendment 230 #
Motion for a resolution
Paragraph 14 a (new)
14a. Deplores that the investor protection provisions in several sectorial pieces of EU financial services legislation are poorly aligned resulting in undue complexity for financial intermediaries and retail clients alike; calls on the European Commission to adopt a more horizontal approach to investor protection in EU financial services legislation;
2020/07/17
Committee: ECON
Amendment 247 #
Motion for a resolution
Paragraph 16
16. Recalls the existence of different shortcomings in the legislation on packaged retail investment and insurance products (PRIIPs) that should be addressed in the next review; expects that Level 2 PRIIPs legislation on the Key Investor Document to respect level 1, in particular in relation to the performance scenarios; regrets the delays in the adoption of Level 2 PRIIPs legislation that will overlap with the first review of PRIIPs, and which increases legal uncertainty and costs for stakeholders; calls on the European Commission and the ESAs to coordinate their proposals for their respective level 1 and level 2 changes in a way that guarantees a high degree of predictability for intermediaries and retail clients alike;
2020/07/17
Committee: ECON
Amendment 265 #
Motion for a resolution
Paragraph 19
19. CRecalls for amendments to legislationthat the duality of fee- based and commission-based advisory models helps to ensure broad access to independent advice by financial intermediaries while avoiding promotion of the institution’s own financial products and ensuring a fair marketingfinancial markets for retail clients; points out that legislation can help to mitigate potential conflicts of financial producterests;
2020/07/17
Committee: ECON