17 Amendments of Markus FERBER related to 2023/2078(INI)
Amendment 10 #
Motion for a resolution
Recital A
Recital A
A. whereas the Banking Union (BU), which currently encompasses the Single Supervisory Mechanism and, the Single Resolution Mechanism, needs to be supplemented by and high minimum standards in the careation of a European of deposit insurance scheme (EDIS);
Amendment 73 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Condemns the Russian aggression against Ukraine and its impact on the Ukrainian people, on the EU and elsewhere; calls on banks to continue reducing their exposure to energy intensive corporates;
Amendment 83 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Calls on institutionsupervisory authorities to assist the remaining EU banks operating in Russia in preparing an orderly exit from the Russian market;
Amendment 123 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8 a. Notes that banks’ exposures to domestic sovereign debt remain high; recalls that one of the main objectives of the Banking Union is to break the link between bank and sovereign risks; calls on the European Commission to present a legislative proposal introducing appropriate risk weights for sovereign exposures;
Amendment 125 #
Motion for a resolution
Paragraph 8 b (new)
Paragraph 8 b (new)
8 b. Shares the EBA's concern that sovereign exposures are material for EU banks and could become a source of potential vulnerability1a; _________________ 1a EBA. Risk Assessment of the European Banking System. December 2022. p.30
Amendment 126 #
Motion for a resolution
Paragraph 8 c (new)
Paragraph 8 c (new)
8c. Points out that rising public debt levels following the pandemic make an appropriate treatment of sovereign exposures more pressing;
Amendment 134 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Notes that the NPL ratio decreased further; calls for the adoption of the proposal for a AECE Directive to develop NPL secondary markets; calls on supervisors to also monitor the developmen of stage 2 loans;
Amendment 136 #
Motion for a resolution
Paragraph 10 a (new)
Paragraph 10 a (new)
10a. Takes note of a deteriorating macroeconomic condition; points out that European banks should prepare for a potential deterioriation in asset quality; therefore highlights the importance of prudent risk management and appropriate provisioning; invites the Commission as well as national and European supervisory authorities to prepare for a potential deterioration of asset quality;
Amendment 141 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Highlights that the limited impact of the recent failure of midsized US banks proves the resilience of the EU banking sector; underlines that EU supervisors efficiently addressed risks arising from changes in the interest rate landscape; calls on supervisors to continue assessing exposures to furtherinterest rate risks stemming from further changes in interest rate hikelevels;
Amendment 148 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls for further harmonisation of the EU regulatory framework, where appropriate, promoting convergence between national authorities and using the supervisory dialogue to assess the evolution of threats to the banking sector;
Amendment 154 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Welcomes the agreement reached at interinstitutional level to implement Basel III standards in the EU; highlights that the framework will not increase prudential requirements for banks or damage their competitiveness; notes that the implementation of the Basel standards to crypto-assets is still pending;
Amendment 182 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. WelcomNotes the proposal to reform the CMDI framework following calls by Parliament; calls for the scope of resolution to be expanded, clarification of public interest assessments and for the scope of State aid to be limited; ; recalls that a failing bank is only sent into resolution, when it cannot go through normal insolvency proceedings without harming public interest or causing financial instability; points out that therefore for most small banks, insolvency will be the default procedure; considers that this notion should not be put into question by the CMDI review;
Amendment 200 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. RegretNotes the lack of progress following the calls by MEPs in their statement of 7 December 2022 for negotiations on EDIS to be resumed;
Amendment 204 #
Motion for a resolution
Paragraph 23
Paragraph 23
Amendment 211 #
Motion for a resolution
Paragraph 24
Paragraph 24
Amendment 218 #
25. Notes that effective risk reduction is key for EDIS; highlights that the CMDI review provides co-legislators with an opportunity to resume negotiations oa necessary precondition for an EDIS;
Amendment 224 #
Motion for a resolution
Paragraph 25 a (new)
Paragraph 25 a (new)
25a. Recognises the risk-mitigating effect of institutional protection schemes and highlights that this should be preserved under any EDIS;