5 Amendments of Arlene McCARTHY related to 2010/2006(INI)
Amendment 1 #
Draft opinion
Recital A
Recital A
A. whereas there is a singlen internal market for banking services in the EU, rather than an amalgam of services independent of one another, and whereas this internal market is critical for the Union’s global competitiveness,
Amendment 9 #
Draft opinion
Paragraph 6 b (new)
Paragraph 6 b (new)
6b. Is of the view that any public aid or resolution fund must be designed in such a way as to avoid moral hazard and prevent excessive risk-taking; considers, in particular, that no resolution funds should be used to bail out shareholders of banks, who must face the full consequences of any losses, and that no resolution funds should be used for the payment of bonuses;
Amendment 19 #
Motion for a resolution
Recital J
Recital J
J. whereas moral hazard must be avoided to prevent excessive risk taking, and a framework that protects the system, not the “delinquent”, is called for, in particular no resolution funds should be used to bail out shareholders of banks, who must face full consequences of any losses, and no resolution funds should be used for the payment of bonuses,
Amendment 225 #
Motion for a resolution
Annex – recommendation 3 – paragraph 2 – indent 5 a (new)
Annex – recommendation 3 – paragraph 2 – indent 5 a (new)
• designed in a way that does not create moral hazard and does not bail out bank shareholders;
Amendment 226 #
Motion for a resolution
Annex – recommendation 3 – paragraph 2 – indent 5 b (new)
Annex – recommendation 3 – paragraph 2 – indent 5 b (new)
• designed in a way that ensures no resources from the fund are used for the payment of bonuses;