14 Amendments of Isabel BENJUMEA BENJUMEA related to 2020/2034(INL)
Amendment 49 #
Motion for a resolution
Recital G a (new)
Recital G a (new)
Ga. whereas digital finance has a strong capital flows element which attracts cross-border investments; therefore digital finance can contribute to Union competitiveness on global markets;
Amendment 75 #
Motion for a resolution
Recital L
Recital L
L. whereas the increased use of artificial intelligence in financial services will lead to a need for stronger operational resilience and, the appropriate corresponding supervision and consumers’ data protection;
Amendment 117 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Considers that FinTech will be integral to the success of the Capital Markets Union (CMU) and encourages the Commission to consider how to harness the benefits of FinTech in driving forward capital market integration in the Uniofor its capacity to improve the offer of financing options for companies and citizens as well as bringing a more attractive investment offer; and encourages the Commission to integrate the benefits of FinTech in the 2020 CMU Action Plan;
Amendment 138 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Calls on the Commission to act as first mover in order to create a favourable environment for European FinTech hubs and firms to scale up, European digital champions and firms to scale up for attracting foreign capital and investments and also, promoting the EU competes in global markets;
Amendment 147 #
Motion for a resolution
Paragraph 6 – introductory part
Paragraph 6 – introductory part
6. Stresses that law and supervision in the area of FinTechof financial and non-financial actors offering financial services should be based on the following principles:
Amendment 158 #
Motion for a resolution
Paragraph 6 – point c a (new)
Paragraph 6 – point c a (new)
ca. a level playing field;
Amendment 159 #
Motion for a resolution
Paragraph 6 – point c b (new)
Paragraph 6 – point c b (new)
cb. an innovation and competitive friendly approach;
Amendment 168 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Points out that Union level measures should not stifle opportunities for businesses to grow and develop within the Union; specially SMEs, as they are the main drivers of the EU economy and labour market;
Amendment 205 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Reminds the importance of digital financial education which contributes to the stability of financial system and promotes transparency and duties of information of financial institutions;
Amendment 213 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Believes, therefore, that any further categorisation should be balanced and flexible in order to give space for innovation and competitiveness in the sector while ensuring that risks can be identified at an early stage;
Amendment 302 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Concerns about the lack of a proper EU framework for data providers. Enhance to take actions to avoid EU suffering a non-EU data providers’ oligopolistic concentration due to its data dependency;
Amendment 305 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Requests, in this regard, that the Commission examines how to ensure that digital finance entities can access on an equitable basis relevant and useful data to help ensure that innovative FinTech businesses can grow within the Union and beyond, guaranteeing the protection of its consumers’ data on EU territory;
Amendment 333 #
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24a. Calls for efforts focused on preserving a level playing field based on cross-borders data access, and a high level of consumers’ data protection and privacy, converging EU a framework with high standards of cybersecurity;
Amendment 352 #
Motion for a resolution
Annex I – part A – point 4
Annex I – part A – point 4
4. To increase data sharing in accordance with Union principles in order to stimulate innovation. The aim should be to facilitate access to public data across the Union guaranteeing a secure and consumers’ data protection framework. This would not only benefit digital finance companies and SMEs, but would also be to the benefit of a number of other Union policy areas and increase market transparency;