Activities of Pervenche BERÈS related to 2017/2072(INI)
Plenary speeches (1)
Banking Union - Annual Report 2017 (debate) FR
Amendments (10)
Amendment 165 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Recalls that there are risks associated with sovereign debt; notbelieves that in some Member States financial institutions have overly invested in bonds issuany EU decision on this matter should be coordinated byat their own governments, constituting excessive ‘home bias’; takes note, in this respect, FSB and/or Basel level; takes note of the Commission’s ongoing work on the idea of so-called sovereign bond-backed securities (SBBS);
Amendment 169 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4 a. Stresses the need to monitor the impact of IFRS 9 on the nature and allocation of credits by banks as well as on the potential pro-cyclical effects derived from the cyclical sensitivity of credit risk parameters;calls on the ESRB and the SSM to investigate these issues;asks the EBA and the BIS to provide the appropriate guidance in this regard;
Amendment 171 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Welcomes the work done by the ECB to assess the adequacy of internal models, including its new guide to the TRIM, with a view to addressing the variability in risk-weights applied to risk- weighted assets of the same class across credit institutions; calls for a rapid conclusion of negotiations on output floors within the BCBS;
Amendment 206 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Welcomes the banking reform package proposed by the Commission in November 2016; underlines the importance of the fast-track procedure for and the fast-track procedure that led to the agreement on the phasing-in of International Financial Reporting Standard (IFRS) 9 in order to avoid cliff effects on the regulatory capital of credit institutions; supports the efforts made to reduce the reporting burden for smaller banks; is concerned, however, about the proposed amendments to the waivers in Articles 7 and 8 of the CRR, and more generally, about the proposed shift in the home-host balance;welcomes the steps proposed by the Commission to remove obstacles to cross-border integration and to consider the Banking Union as a single jurisdiction.
Amendment 223 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Welcomes the work done by the EBA and ESMA on promoting supervisory convergence in the context of the UK’s withdrawal from the EU with a view to limiting the development of regulatory and supervisory arbitrage risks; believes that, in order to preserve financial stability, a new any supervisory cooperation model shouldto be developed between the EU and the UK should safeguard the autonomy of EU authorities, notably when financial stability is at stake;
Amendment 235 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Looks forward to the Commission’s proposal on large investment firms, which should strike the right balance between proportionality and risk-sensitivity, notably by applying banking capital and liquidity requirements to firms that conduct bank-like activities; believes that this review of the prudential framework for investment firms should be the opportunity to adapt relevant third- country equivalence provisions to the new context of the UK withdrawal from the EU;
Amendment 325 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Notes the ongoing technical work by the Council on a common fiscal backstop for the Single Resolution Fund (SRF) and calls for its rapid conclusion in order to set up this tool as swiftly as possible;
Amendment 344 #
Motion for a resolution
Paragraph 20
Paragraph 20
Amendment 360 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Recalls that deposit protection is a common concern for all EU citizens; is currently debating the proposal on an EDIS at committee level; notes, in this respect, the Commission’s more proportionate ‘new approach’ to an EDIS as put forward in its communication the Commission’s communication on EDIS of 11 October 2017;
Amendment 382 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Notes the potential benefits and the likely risks related to the introduction of an EDIS; considers, therefore, risk reduction measures to be essential building blocks laying the foundations for an EDISEmphasises the benefits related to the introduction of an EDIS; underlines that the recent measures related to the implementation of the first two pillars of the Banking Union have led to tremendous risk reduction;