729 Amendments of Antonio TAJANI
Amendment 17 #
2021/2183(INI)
Draft opinion
Paragraph 3
Paragraph 3
3. Notes the Union’s committed relationship with NATO, which remains fundamental to EU security policy; welcomes, in this regard, the ongoing preparation of the new EU-NATO Joint Declaration, which will be presented before the end of the year; stresses the importance to elaborate the Strategic Compass, which is the core of the new European Defence strategy to better operationalise the EU hard power, improving the existing tools;
Amendment 24 #
2021/2183(INI)
Draft opinion
Paragraph 4
Paragraph 4
4. Calls for increased efforts to fight foreign interference in the Union’s security and defence, which often takes the form of cyber threats or other types of hybrid warfare; supports, in this regard, the development of the European cyber defence policy, as announced by the President of the Commission in the State of the Union address; calls for implementing the coordination of Member State's security and information services;
Amendment 6 #
2021/2182(INI)
Draft opinion
Paragraph 2
Paragraph 2
2. Notes the Union’s committed relationship with NATO, which remains fundamental to EU security policy; welcomes, in this regard, the ongoing preparation of the new EU-NATO Joint Declaration, which will be presented before the end of the year; stresses the importance to elaborate the Strategic Compass, which is the core of the new European Defence strategy tobetter operationalise the EU hard power, improving the existing tools;
Amendment 11 #
2021/2182(INI)
Draft opinion
Paragraph 3
Paragraph 3
3. Calls for increased efforts to fight foreign disinformation and information manipulation, which negatively influence the Union’s ability to implement effectively its internal and foreign policies; to this aim, calls for better and deeper coordination to identify and deter cyber- attacks that can jeopardise EU internal stability;
Amendment 14 #
2021/2182(INI)
Draft opinion
Paragraph 4
Paragraph 4
4. Calls for the strengthening of parliamentary oversight of EU external action, including by continuing its regular consultations with the Vice-President of the Commission / High Representative of the Union for Foreign Affairs and Security Policy and the Commission; calls for the swift conclusion of negotiations to replace the 2002 Interinstitutional Agreement on Parliament’s access to sensitive information of the Council in the field of security and defence policy; calls for implementing the coordination of Member State's security and information services;
Amendment 320 #
2021/0425(COD)
Proposal for a directive
Article 2 – paragraph 1 – point 2
Article 2 – paragraph 1 – point 2
(2) ‘renewable gas’ means biogas as defined in Article 2, point (28) of Directive 2018/2001, including biomethane, bio- hydrogen and renewable gaseous fuels part of fuels of non-biological origins (‘RFNBOs’) as defined in Article 2, point (36) of that Directive’;
Amendment 322 #
2021/0425(COD)
Proposal for a directive
Article 2 – paragraph 1 – point 2 a (new)
Article 2 – paragraph 1 – point 2 a (new)
(2 a) ‘bio-hydrogen’ means hydrogen produced from biomass fuels as defined in Article 2, point (27) of Directive 2018/2001;
Amendment 648 #
2021/0425(COD)
Proposal for a directive
Article 27 – paragraph 2
Article 27 – paragraph 2
2. The provisions of this Directive shall not prevent the conclusion of long- term contracts for renewable and low carbon gases in so far as they comply with Union competition rules and contribute to decarbonisation. No long-term contracts for supply of unabated fossil gas shall be concluded with a duration beyond the end of year 2049 .
Amendment 778 #
2021/0425(COD)
Proposal for a directive
Article 51 – paragraph 1
Article 51 – paragraph 1
1. At least every two years , all transmission system operators shall submit to the relevant regulatory authority a ten- year network development plan based on existing and forecast supply and demand after having consulted all relevant stakeholders. There shall be at least one single network development plan per Member State for the gas sector. Infrastructure operators, including LNG terminal operators, storage operators, distribution system operators as well as hydrogen, district heating infrastructure and electricity operators shall be required to provide and exchange all relevant information to the transmission system operators required for developing the single plan. That network development plan shall contain efficient measures in order to guarantee the adequacy of the natural gas system and the security of supply , in particular the compliance with the infrastructure standards under Regulation (EU) 2017/1938. The ten-year network development plan shall be published and accessible on a website .
Amendment 826 #
2021/0425(COD)
Proposal for a directive
Article 51 – paragraph 3
Article 51 – paragraph 3
3. When elaborating the ten-year network development plan, the natural gas transmission system operator shall fully take into account the potential for alternatives to system expansion, for instance the use of demand response, as well as expected consumption following the application of the energy efficiency first principle, trade with other countries and the Union-wide network development plan. The natural gas transmission system operator together with the electricity transmission system operator shall assess how to address, where possible, a need across electricity and gases systems including information on the optimalmost suitable location and size of energy storage and power to gas assets .
Amendment 989 #
2021/0425(COD)
Proposal for a directive
Article 72 – paragraph 1 – point s
Article 72 – paragraph 1 – point s
(s) respecting contractual freedom with regard to long-term contracts provided that they are compatible with Union law and consistent with Union policies and provided they contribute to decarbonisation objectives. No long-term contracts for supply of unabated fossil gas shall be concluded with a duration beyond the end of year 2049 ;
Amendment 219 #
2021/0424(COD)
Proposal for a regulation
Article 3 – paragraph 1 a (new)
Article 3 – paragraph 1 a (new)
In the early stages of the hydrogen market, the supply of hydrogen shall be prioritised to sectors identified on the basis of the highest greenhouse gases emissions abatement potential per tonne of consumed hydrogen.
Amendment 247 #
2021/0424(COD)
Proposal for a regulation
Article 4 – paragraph 2 – point b a (new)
Article 4 – paragraph 2 – point b a (new)
Amendment 300 #
2021/0424(COD)
Proposal for a regulation
Article 15 – paragraph 1 – introductory part
Article 15 – paragraph 1 – introductory part
1. Tariffs, or the methodologies used to calculate them, applied by the transmission system operators and approved by the regulatory authorities pursuant to Article 72(7) of Recast Gas Directive , as well as tariffs published pursuant to Article 27(1) of that Directive, shall be transparent, take into account the need for system integrity and its improvement and reflect the actual costs incurred, insofar as such costs correspond to those of an efficient and structurally comparable network operator and are transparent, whilst including an appropriate return on investments . Tariffs, or the methodologies used to calculate them, shall be applidetermined in a non discriminatory manner. at European level.
Amendment 301 #
2021/0424(COD)
Proposal for a regulation
Article 15 – paragraph 1 – subparagraph 1
Article 15 – paragraph 1 – subparagraph 1
Amendment 303 #
2021/0424(COD)
Proposal for a regulation
Article 15 – paragraph 1 – subparagraph 3
Article 15 – paragraph 1 – subparagraph 3
Tariffs for network users shall be non- discriminatory and set separately for every entry point into or exit point out of the transmission system without prejudice to paragraph 2 of this Article for interconnection points between Member States. Cost-allocation mechanisms and rate setting methodology regarding entry points and exit points shall be approved by the regulatory authorities. Member States shall ensure that network charges shall not be calculated on the basis of contract paths.
Amendment 304 #
2021/0424(COD)
Proposal for a regulation
Article 15 – paragraph 2
Article 15 – paragraph 2
2. Tariffs for network access shall neither restrict market liquidity nor distort trade across borders of different transmission systems. In this regard, competitive auctions with a zero-reserve price shall be used to allocate capacity at entry and exit infra-EU interconnection points. The revenues of these auctions shall be used to cover the efficient costs of the corresponding transmission systems. Without prejudice to the competence of ACER pursuant to Article 6 of Regulation EU 2019/292, the regulatory authorities responsible for these interconnection points shall identify mechanisms for the compensation between operators of the relevant costs not covered by their respective revenues from the auction procedures. Where differences in tariff structures would hamper trade across transmission systems, and notwithstanding Article 72 (7) of Recast Gas Directive , transmission system operators shall, in close cooperation with the relevant national authorities, actively pursue convergence of tariff structures and charging principles.
Amendment 310 #
2021/0424(COD)
Proposal for a regulation
Article 16 – paragraph 1 – point a
Article 16 – paragraph 1 – point a
Amendment 320 #
2021/0424(COD)
Proposal for a regulation
Article 16 – paragraph 4
Article 16 – paragraph 4
4. The Commission shall re-examine the tariff reductions pursuant to paragraph 1 [5 years after entry into force of the Regulation]. It shall issue a report providing an overview of their implementation and assess whether the level of the reductions set in paragraph 1 is still adequate in view of the latest market developments. The report shall provide a comprehensive assessment of the impacts of implemented tariff reductions on final consumers. The Commission shall be empowered to adopt delegated acts in accordance with Article 63 in order to change or remove the discount levels as set in paragraph 1.
Amendment 174 #
2021/0376(COD)
Proposal for a directive
Recital 29
Recital 29
(29) Some concentrated markets lack a competitive supply of depositary services. To address this shortage of service providers that can lead to increased costs for AIFMs and a less efficient AIF market, Member States could authorise, on a case- by case basis, competent authorities should be able to permit AIFMs or AIFs to procure depositary services located in other Member States while the Commission assesses, in the context of its review of Directive 2011/61/EU, whether it would be appropriate to propose measures to achieve a more integrated market. ("Opt in clause"). To make sure that this option of authorising the appointment of a depositary in another Member State does not replicate a depositary passport before a detailed review of Directive 2011/61/EU is completed in this respect and before the EU law harmonisation reaches the necessary level to support the creation of an EU depository passport, it should only be utilised when conditions defined in this directive are fulfilled and with prior approval of the competent authorities of the AIF. Such conditions restrict the kind of jurisdictions that can use this possibility to Member States where supply of depositary services is limited and clarify the regulatory set-up and applicable rules to the depositary.
Amendment 318 #
2021/0376(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 8 – point -a (new)
Article 1 – paragraph 1 – point 8 – point -a (new)
Directive 2011/61/EU
Article 21 – paragraph 5 – subparagraphs 1 a to 1 e (new)
Article 21 – paragraph 5 – subparagraphs 1 a to 1 e (new)
(-a) In paragraph 5, the following subparagraphs are added: The home Member State of an AIF may entitle the national competent authorities of an AIF to allow, following a case-by- case assessment, institutions referred to in point (a) of Article 21(3) and established in another Member State to be appointed as a depositary, provided that the following conditions are fulfilled: (i) the competent authorities have received a motivated request by the AIFM which shall demonstrate the lack of the relevant depositary services, in line with the investment strategy of the AIF, for the appointment of a depositary in another Member State; and (ii) the national depositary market of the home Member State of the AIF fulfils at least one of the following conditions: - such market consists of fewer than a number of depositaries defined in RTS and less than 7 depositaries. These depositaries provide depositary services to EU AIFs (authorised under Article 4 (k) (i)) of this Directive) and managed by an EU AIFMs (authorised under Article 7(1)). Each of these depositaries has AIF assets under safekeeping below the threshold defined in RTS which is below EUR1 billion or the equivalent in any other currency. This threshold excludes depositaries acting under Article 36(1a) of this Directive and the own assets of the depositary. ESMA should develop draft regulatory standards to specify this maximum number of depositaries and the maximum amount of assets to be safekept by each depositary; - the aggregate amount in such market of assets under safekeeping on behalf of EUAIFs (authorised under Article 4 (k) (i) of this Directive) and managed by an EU AIFMs (authorised under Article 7(1) of this Directive) does not exceed the amount defined in RTS and shall not exceed EUR 30 billion or the equivalent in any other currency. This threshold excludes depositaries acting under Article 36 (1a) of this Directive and the own assets of the depositary. ESMA should develop draft regulatory standards to specify this threshold. The NCAs shall notify ESMA when the option is activated. Power is delegated to the commission to adopt the regulatory standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation EU No1095/2010. The authorisation to allow the appointment of a depositary in another Member State shall be granted on a case-by-case basis. When allowing the appointment of a depositary in another Member States on a case-by case basis, the competent authorities shall notify ESMA. This provision shall be without prejudice to the full application of Article 21, with the exception of point (a) of paragraph 5 of that Article on the place where the depositary is to be established.
Amendment 408 #
2021/0376(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Directive 2011/61/EU
Article 61 – paragraph 5
Article 61 – paragraph 5
Amendment 437 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point x a (new)
Article 1 – paragraph 1 – point 1 – point x a (new)
Regulation (EU) No 575/2013
Article 4 – paragraph 1 – point 146 – introductory part
Article 4 – paragraph 1 – point 146 – introductory part
(x a) in point (146), the introductory part is replaced by the following: (146) ‘large institution’ means an institution that is not a social economy entity and meets any of the following conditions:
Amendment 442 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 1 – point x b (new)
Article 1 – paragraph 1 – point 1 – point x b (new)
Regulation (EU) No 575/2013
Article 4 – paragraph 1 – point 146 a (new)
Article 4 – paragraph 1 – point 146 a (new)
(x b) the following point is inserted : “(146a) ‘social economy entity’ means an entity that meets all of the following conditions: a) the entity is not a G-SII b) the entity and its subsidiaries and affiliated undertakings are linked according to Article 22(7) of Directive 2013/34/EU and applicable national laws address subsidiaries to allocate profits mainly to common interests of members; c) subsidiaries and affiliated undertakings are small and non-complex entities according to point 145 of this Article or less significant institutions according to Art. 6(4) of Regulation (EU) 1024/2013; d) subsidiaries and affiliated undertakings are bound by national laws for a governance model informed by democratic principles.
Amendment 471 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 2 – point b
Article 1 – paragraph 1 – point 2 – point b
Regulation (EU) 575/2013
Article 5 – point 10 a (new)
Article 5 – point 10 a (new)
Amendment 480 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 10 – point a – introductory part
Article 1 – paragraph 1 – point 10 – point a – introductory part
(a) in paragraph 1, point (d) isand (k) are replaced by the following:
Amendment 481 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 10 – point ba (new)
Article 1 – paragraph 1 – point 10 – point ba (new)
Regulation (EU) No 575/2013
Article 36 – paragraph 1 – point k – point vi (new)
Article 36 – paragraph 1 – point k – point vi (new)
(ba) in point (k) a new point is added: ‘(vi) CIU exposures in accordance with Article 132(2).
Amendment 500 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 11 a (new)
Article 1 – paragraph 1 – point 11 a (new)
Regulation (EU) 876/2019 amending Regulation (EU) 575/2013
Article 47c – paragraph 6 – subparagraphs 2 a (new) and 2 b (new)
Article 47c – paragraph 6 – subparagraphs 2 a (new) and 2 b (new)
(11 a) in Article 47c(6) the following subparagraphs are added: By way of derogation from paragraph 2, when a non-performing exposure is purchased by a financial institution i) from another financial institution which has originated the credit, ii) at a price which is at least 50% lower than the total amount owed by the debtor iii) before the third year following its classification as non-performing, then the factors foreseen by paragraph 2shall re-apply from the beginning, as if the exposure would have been just classified as non-performing. By way of derogation from paragraph 3, when a non-performing exposure is purchased by a financial institution, i) from another financial institution, ii) at a price which is at least 50% lower than the total amount owed by the debtor, iii) before the seventh year following its classification of non performing, for non- performing exposures secured by other funded or unfunded credit protection, or before the nineth year following its classification as non performing, for non- performing exposure secured by immovable property, then the factors foreseen by paragraph 3 shall re-apply from the beginning, as if the exposure would have been just classified as non- performing.
Amendment 518 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 19
Article 1 – paragraph 1 – point 19
Regulation (EU) No 575/2013
Article 84 – paragraph 1 – point a – introductory part
Article 84 – paragraph 1 – point a – introductory part
(a) the Common Equity Tier 1 capital of the subsidiary minus the lower of the following:
Amendment 522 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 19
Article 1 – paragraph 1 – point 19
Regulation (EU) No 575/2013
Article 84 – parapraph 1 – point a – point i
Article 84 – parapraph 1 – point a – point i
Amendment 527 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 19
Article 1 – paragraph 1 – point 19
Regulation (EU) No 575/2013
Article 84 – paragraph 1 – point a – point i –indent 1
Article 84 – paragraph 1 – point a – point i –indent 1
Amendment 534 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 19
Article 1 – paragraph 1 – point 19
Regulation (EU) 575/2013
Article 84 – paragraph 1 – point a – point i – indent 2
Article 84 – paragraph 1 – point a – point i – indent 2
Amendment 542 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 19
Article 1 – paragraph 1 – point 19
Regulation (EU) No 575/2013
Article 84 – paragraph 1 – point a – point ii
Article 84 – paragraph 1 – point a – point ii
(ii) the amount of consolidated Common Equity Tier 1 capital that relates to that subsidiary that is required on a consolidated basis to meet the sum of the requirement laid down in Article 92(1), point (a), the requirements referred to in Articles 458 and 459, the specific own funds requirements referred to in Article 104 of Directive 2013/36/EU and the combined buffer requirement defined in Article 128, point (6), of that Directive;; and the Common Equity Tier 1 capital of the subsidiary required at local level to avoid restrictions on dividend payments. In case of third countries it shall be measured based on local own funds requirements;
Amendment 552 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Regulation (EU) No 575/2013
Article 85 – paragraph 1 – point a – introductory part
Article 85 – paragraph 1 – point a – introductory part
(a) the Tier 1 capital of the subsidiary minus the lower of the following:
Amendment 558 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Regulation (EU) No 575/2013
Article 85 – paragraph 1 – point a – point i
Article 85 – paragraph 1 – point a – point i
Amendment 561 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Regulation (EU) No 575/2013
Article 85 – paragraph 1 – point a – point i – indent 1
Article 85 – paragraph 1 – point a – point i – indent 1
Amendment 567 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Regulation (EU) No 575/2013
Article 85 – paragraph 1 – point a – point i – indent 2
Article 85 – paragraph 1 – point a – point i – indent 2
Amendment 577 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Regulation (EU) No 575/2013
Article 85 – paragraph 1 – point a – point ii
Article 85 – paragraph 1 – point a – point ii
(ii) the amount of consolidated Tier 1 capital that relates to the subsidiary that is required on a consolidated basis to meet the sum of the requirement laid down in Article 92(1), point (b), the requirements referred to in Articles 458 and 459, the specific own funds requirements referred to in Article 104 of Directive 2013/36/EU and the combined buffer requirement defined in Article 128, point (6), of that Directive; and the Common Equity Tier 1 capital of the subsidiary required at local level to avoid restrictions on dividend payments. In case of third countries it shall be measured based on local own funds requirements;
Amendment 579 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 20 a (new)
Article 1 – paragraph 1 – point 20 a (new)
Regulation (EU) No 575/2013
Article 87 – paragraph 1 – point a
Article 87 – paragraph 1 – point a
(a)20 a) in Article 87 point (a) is replaced by the following: the own funds of the subsidiary minus the lower of the following: (i) the amount of own funds that relates tof the subsidiary that is required to meet the following: —on a consolidated basis to meet the sum of the requirement laid down in point (c) of Article 92(1) of this Regulation, the requirements referred to in Articles 458 and 459 of this Regulation, the specific own funds requirements referred to in Article 104 of Directive 2013/36/EU, the combined buffer requirement defined in point (6) of Article 128 of that Directive, and any additional local supervisory regulations in third countries, — where the subsidiary is an investment firm, the sum of the requirement laid down in Article 11 of Regulation (EU) 2019/2033, the specific own funds requirements referred to in point (a) of Article 39(2) of Directive (EU) 2019/2034, and any additional local supervisory regulations in third countries; (ii) the amount of own funds that relates to 2013/36/EU, the requirements referred to in Article 500 and any additional local supervisory own funds requirement in third countries and the Common Equity Tier 1 capital of the subsidiary that is required on a consolidated basis to meet the sum of the requirement laid down in point (c) of Article 92(1) of this Regulation, the requirements referred to in Articles 458 and 459 of this Regulation, the specific own funds requirements referred to in Article 104 of Directive 2013/36/EU, the combined buffer requirement defined in point (6) of Article 128 of that Directive, and any additional local supervisoryat local level to avoid restrictions on dividend payments. In case of third countries it shall be measured based on local own funds requirement in third countries;
Amendment 598 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 23 – point a
Article 1 – paragraph 1 – point 23 – point a
Regulation (EU) No 575/2013
Article 92 – paragraph 3 – point a – subparagraph 5a (new)
Article 92 – paragraph 3 – point a – subparagraph 5a (new)
Amendment 691 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 40 – point b a (new)
Article 1 – paragraph 1 – point 40 – point b a (new)
Regulation (EU) No 575/2013
Article 122 – paragraph 2 a (new)
Article 122 – paragraph 2 a (new)
(b a) the following paragraph is added: 2a. By way of derogation from paragraph 2, exposures under the standardised approach due to not-real estate leases granted by an institution to corporate borrowers against the payment of periodic contractual payments shall be assigned a risk weight of 70%, provided that all the following conditions are met: a) the lessor performs a complete credit risk assessment process comprising lessees, subject of leases and their relative suppliers; b) the lessor retains the legal ownership of the leased asset throughout the life of the contract; c) the lessor has the right to carry out on- site inspections/access; d) the leased assets are instrumental to the exercise of the borrower’s economic activities.
Amendment 778 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 42
Article 1 – paragraph 1 – point 42
Regulation (EU) 575/2013
Article 123 – paragraph 4 a (new)
Article 123 – paragraph 4 a (new)
4 a. By way of derogation from paragraph 3, exposures under the standardised approach due to not-real estate leases granted by an institution to retail borrowers against the payment of periodic contractual payments shall be assigned a risk weight of 55%, provided that all the following conditions are met: a) the lessor performs a complete credit risk assessment process comprising lessees, subject of leases and their relative suppliers; b) the lessor retains the legal ownership of the leased asset throughout the life of the contract; c) the lessor has the right to carry out on- site inspections/access; d) the leased assets are instrumental to the exercise of the borrower’s economic activities.
Amendment 793 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 44
Article 1 – paragraph 1 – point 44
Regulation (EU) 575/2013
Article 124 – paragraph 2 – point a – point i
Article 124 – paragraph 2 – point a – point i
(i) the immovable property securing the exposure is the obligor’s primary residenceexposure is to an individual and secured by a residential property, either where the immovable property as a whole constitutes a single housing unit or where the immovable property securing the exposure is a housing unit that is a separated part within an immovable property;
Amendment 804 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 44
Article 1 – paragraph 1 – point 44
Regulation (EU) 575/2013
Article 124 – paragraph 2 – point c – point ii a (new)
Article 124 – paragraph 2 – point c – point ii a (new)
(ii a) exposures related to property leasing transactions concerning offices or other commercial premises under which the institution is the lessor and the lessee has an option to purchase shall be assigned a risk weight of 50% provided that the exposure of the institution is fully and completely secured by its ownership of the property and the commercial immovable property is instrumental to the lessee’s economic activities.
Amendment 826 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 47
Article 1 – paragraph 1 – point 47
Regulation (EU) 575/2013
Article 126a – paragraph 2 – introductory part
Article 126a – paragraph 2 – introductory part
2. ADC exposures to residential or commercial property, however, may be risk weighted at 100 %, provided that, where applicable, the institution applies sound origination and monitoring standards which meet the requirements of Articles 74 and 79 of Directive 2013/36/EU and where at least one of the following conditions is met:
Amendment 852 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 51 a (new)
Article 1 – paragraph 1 – point 51 a (new)
Regulation (EU) 575/2013
Article 132 – paragraph 2 – subparagraph 2
Article 132 – paragraph 2 – subparagraph 2
(51 a) in Article 132(2), subparagraph 2 is replaced by the following: Subject to Article 132b (2), institutions that do not apply the look-through approach or the mandate-based approach shall assign a risk weight of 1 250 % (‘fall-back approach’) to their exposures in the form of units or shares in a CIU. As an alternative to applying a 1 250 % risk weight, institutions may deduct those amounts from Common Equity Tier 1 items in accordance with point (k) of Article 36(1).
Amendment 854 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 52
Article 1 – paragraph 1 – point 52
Regulation (EU) 575/2013
Article 133 – paragraph 1 – point c – point iv – introductory part
Article 133 – paragraph 1 – point c – point iv – introductory part
(iv) the holder of the instrument has exercised the option to require that the obligation be settled in equity shares, unless one of the following conditions is met:
Amendment 860 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 52
Article 1 – paragraph 1 – point 52
Regulation (EU) 575/2013
Article 133 – paragraph 3
Article 133 – paragraph 3
3. Equity exposures, other than those referred to in paragraph 3a and 4 to 7, shall be assigned a risk weight of 250 %, unless those exposures are required to be deducted or risk-weighted in accordance with Part Two.
Amendment 862 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 52
Article 1 – paragraph 1 – point 52
3a. Exposures to equity listed on regulated markets shall be assigned a risk weight of 100%. Private equity exposures in sufficiently diversified portfolios shall be assigned a risk weight of 190 % unless those exposures are required to be deducted.
Amendment 871 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 52
Article 1 – paragraph 1 – point 52
Regulation (EU) 575/2013
Article 133 – paragraph 6
Article 133 – paragraph 6
6. Equity exposures to central banks shall be assigned a risk weight of 100 %.
Amendment 959 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 89 – point c a (new)
Article 1 – paragraph 1 – point 89 – point c a (new)
Regulation (EU) No 575/2013
Article 178 – paragraph 6 a (new)
Article 178 – paragraph 6 a (new)
(c a) the following paragraph is inserted: 6a. EBA shall develop draft regulatory technical standards to specify the definition of diminished financial obligation in case of distressed restructuring for the purposes of paragraph 3(d). EBA shall submit those draft regulatory technical standards to the Commission by 31 December 2023. Power is delegated to the Commission to adopt the regulatory technical standards referred to in the first subparagraph in accordance with Articles 10 to 14 of Regulation (EU) No 1093/2010.
Amendment 982 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 98 a (new)
Article 1 – paragraph 1 – point 98 a (new)
(98 a) in Article 197(5), point (b) is replaced by the following: (b) the CIUs are limited to investing in instruments that are eligible for recognition under paragraphs 1 and 4;
Amendment 985 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 98 a (new)
Article 1 – paragraph 1 – point 98 a (new)
Regulation (EU) No 575/2013
Article 197 – paragraph 6 - subparagraph 1
Article 197 – paragraph 6 - subparagraph 1
(98 a) in Article 197(6), subparagraph 1 is replaced by the following: For the purposes of paragraph 5, where a CIU (‘the original CIU’) or any of its underlying CIUs are not limited to investing in instruments that are eligible under paragraphs 1 and 4, institutions: - where the institutions can apply the look-through method, they may use units or shares in that CIU as collateral up to the amount equal to the value of the underlying instruments, calculated following the existing provisions of the relevant European and national regulations, that are eligible for recognition under paragraphs 1 and 4; - where institutions can apply the mandate-based approach, they may use units or shares in that CIU as collateral to an amount equal to the value of the eligible assets held by that CIU under the assumption that that CIU or any of its underlying CIUs have invested in non- eligible assets to the maximum extent allowed under their respective mandates.
Amendment 993 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 98 c (new)
Article 1 – paragraph 1 – point 98 c (new)
Regulation (EU) No 575/2013
Article 198 – paragraph 1
Article 198 – paragraph 1
(98 c) in Article 198, paragraph 1 is replaced by the following: 1. In addition to the collateral established in Article 197, where an institution uses the Financial Collateral Comprehensive Method set out in Article 223, that institution may use the following items as eligible collateral: (a) equities or convertible bonds not included in a main index but traded on a recognised exchange; (b) units or shares in CIUs where both the following conditions are met: (i) the units or shares have a daily public price quote; (ii) the CIU is limited to investing in instruments that are eligible for recognition under Article 197(1) and (4) and the items mentioned in point (a) of this subparagraph. In the case a CIU invests in units or shares of another CIU, conditions (a) and (b) of this paragraph equally apply to any such underlying CIU. The use by a CIU of derivative instruments to hedge permitted investments shall not prevent units or shares in that undertaking from being eligible as collateral.
Amendment 995 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 98 d (new)
Article 1 – paragraph 1 – point 98 d (new)
Regulation (EU) No 575/2013
Article 198 – paragraph 2 – subparagraph 1
Article 198 – paragraph 2 – subparagraph 1
(98 d) in Article 198(2), subparagraph 1 is replaced by the following: 2. Where the CIU or any underlying CIU are not limited to investing in instruments that are eligible for recognition under Article 197(1) and (4) and the items mentioned in point (a) of paragraph 1 of this Article, institutions: - where institutions can apply the look- through method, they may use units or shares in that CIU as collateral up to the amount equal to the value of the underlying instruments, calculated following the existing provisions of the relevant European and national regulations, that are eligible for recognition under paragraphs 1 and 4 and the items mentioned in point (a) of paragraph 1 of this Article;· - where institutions can apply the mandate-based approach, they may use units or shares in that CIU as collateral to an amount equal to the value of the eligible assets held by that CIU under the assumption that that CIU or any of its underlying CIUs have invested in non- eligible assets to the maximum extent allowed under their respective mandates.
Amendment 1019 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 104 a (new)
Article 1 – paragraph 1 – point 104 a (new)
Regulation (EU) 575/2013
Article 212 – paragraph 2 – point g
Article 212 – paragraph 2 – point g
(g) the surrender value is declared by the company providing the life insurance and is non-reducible;104 a)in Article 212(2), point (g) is replaced by the following: (g) the current surrender value is declared by the company providing the life insurance. Where the surrender value is reducible, it has to be revaluated during the exposure life cycle.
Amendment 1239 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 3 – subparagraph 1
Article 465 – paragraph 3 – subparagraph 1
3. By way of derogation from Article 92(5)(a), point (i), parent institutions, parent financial holding companies or parent mixed financial holding companies, stand-alone institutions in the EU or stand- alone subsidiary institutions in Member States may, until 31 December2032, assign a risk weight of 65 % to exposures to corporates for which no credit assessment by a nominated ECAI is available provided that that entity estimates the PD of those exposures, calculated in accordance with Part Three, Title II, Chapter 3, is no higher than 0,5 %.
Amendment 1243 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 3 – subparagraph 2
Article 465 – paragraph 3 – subparagraph 2
Amendment 1261 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 3 – subparagraph 3
Article 465 – paragraph 3 – subparagraph 3
Amendment 1275 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 4 – subparagraph 1
Article 465 – paragraph 4 – subparagraph 1
4. By way of derogation from Article 92(5)(a), point (iv), pParent institutions, parent financial holding companies or parent mixed financial holding companies, subsidiary institutions, stand-alone institutions in the EU or stand- alone subsidiary institutions in Member States shall, until 31 December 2029, replace alpha by 1 in the calculation of the exposure value for the contracts listed in Annex II in accordance with the approaches set out in Part Three, Title II, Chapter 6, Sections 3 and 4, where the same exposure values are calculated in accordance with the approach set out in Part Three, Title II, Chapter 3, Section 6 for the purposes of the total un-floored risk exposure amount.
Amendment 1281 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 4 – subparagraph 2
Article 465 – paragraph 4 – subparagraph 2
Amendment 1292 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 1 – introductory part
Article 465 – paragraph 5 – subparagraph 1 – introductory part
5. By way of derogation from Article 92(5)(a), point (i), Member States may, allow pParent institutions, parent financial holding companies or parent mixed financial holding companies, subsidiary institutions, stand-alone institutions in the EU or stand-alone subsidiary institutions in Member States are allowed to assign the following risk weights provided that all the conditions in the second subparagraph are met.
Amendment 1299 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 1 – point a
Article 465 – paragraph 5 – subparagraph 1 – point a
(a) until 31 December 2032, a risk weight of 10 % to the part of the exposures secured by mortgages on residential property up to 55 % of the property value remaining after any senior or pari passu ranking liens not held by the institution have been deducted,
Amendment 1315 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
(b) until 31 December 2029, a risk weight of 45% to any remaining part of the exposures secured by mortgages on residential property up to 80 % of the property value remaining after any senior or pari passu ranking liens not held by the institution have been deducted, provided that the adjustment to own funds requirements for credit risk referred to in Article 501 is not applied.
Amendment 1324 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 2 – point a
Article 465 – paragraph 5 – subparagraph 2 – point a
(a) the qualifying exposures are located in thea Member State that has exercised the discretion;
Amendment 1342 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 3 – introductory part
Article 465 – paragraph 5 – subparagraph 3 – introductory part
Where the discretion referred to in the first subparagraph has been exercised and all the associated conditions in the second subparagraph are met, institutions may assign the following risk weights to the remaining part of the exposures referred to in the second subparagraph, point (b), until 31 December 2032:
Amendment 1358 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 3 – point c
Article 465 – paragraph 5 – subparagraph 3 – point c
(c) 67,5 % during the period from 1 January 2032 to 31 Decemberfrom 1 January 2032.
Amendment 1361 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 4
Article 465 – paragraph 5 – subparagraph 4
Amendment 1369 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 5
Article 465 – paragraph 5 – subparagraph 5
Amendment 1377 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 196
Article 1 – paragraph 1 – point 196
Regulation (EU) No 575/2013
Article 465 – paragraph 5 – subparagraph 6
Article 465 – paragraph 5 – subparagraph 6
Amendment 1400 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 199
Article 1 – paragraph 1 – point 199
Regulation (EU) No 575/2013
Article 495a – paragraph 3
Article 495a – paragraph 3
3. By way of derogation from Article 133, institutions may continue to assign the same risk weight that was applicable as of [OP please insert the date = one day before the date of entry into force of this amending Regulation] to equity exposures - till a maximum of 250% - to the current value of equity exposures, including the part of the exposures not deducted from own funds in accordance with Article 471, to entities of which they have been a shareholder at [adoption date] for six consecutive years and over which they exercise significant influence in the meaning of Directive 2013/34/EU, or the accounting standards to which an institution is subject under Regulation (EC) No 1606/2002, or a similar relationship between any natural or legal person and an undertaking.
Amendment 1460 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 199 a (new)
Article 1 – paragraph 1 – point 199 a (new)
Regulation (EU) No 575/2013
Article 500 – paragraph 1
Article 500 – paragraph 1
(199a) article 500(1) is replaced by the following: 1. By way of derogation from point (a) of Article 181(1), an institution may adjust its LGD estimates by partly or fully offsetting the effect of massive disposals of defaulted exposures on realised LGDs up to the difference between the average estimated LGDs for comparable exposures in default that have not been finally liquidated and the average realised LGDs including on the basis of the losses realised due to massive disposals, as soon as all the following conditions are met: (a) the institution has notified the competent authority of a plan providing the scale, composition and the dates of the disposals of defaulted exposures; (b) the dates of the disposals of defaulted exposures are after 23 November 2016 but not later than 28 June31 December 20224; (c) the cumulative amount of defaulted exposures disposed of since the date of the first disposal in accordance with the plan referred to in point (a) has surpassed 20 % of the outstandingcumulative amount of all defaulted exposures as of the date of the first disposal referred to in points (a) and (b). The adjustment referred to in the first subparagraph may only be carried out until 28 June31 December 20224 and its effects may last for as long as the corresponding exposures are included in the institution's own LGD estimates.
Amendment 1502 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 202 a (new)
Article 1 – paragraph 1 – point 202 a (new)
Regulation (EU) No 575/2013
Article 501ca (new)
Article 501ca (new)
(202 a)the following article is insertedas follows: Article 501ca Sustainability Adjustment Factor for certain energy efficient mortgages 1. For exposures related to energy efficient mortgages as defined by point 2, the capital requirement for credit risk calculated according to Title II of Part Three shall be multiplied by a Sustainability Adjustment Factor (SAF) for mortgages of 0,80. 2. For the purpose of this Article, energy efficient mortgages are those that finance the renovation of buildings in order to allow them to increase at least two classes of Energy Performance in Energy Performance Certificate (EPC), or the construction of new buildings or acquisition and/or ownership of buildings with at least the class C of EPC. 3. If other supporting factors are envisaged for the exposures in paragraph 1 in this Regulation, the SAF should be added to those additional supporting factors prior to the calculation of the capital requirements for credit risk. 4. Institutions shall report to competent authorities every 12months on the total amount of exposures qualified for the SAF and the related total capital requirements for credit risk. 5. The Commission shall by xxxxxx report on the impact of the SAF for qualified energy efficient mortgages and, if it is justified from a prudential perspective, if it should be kept at the level in point 1 or should be increased and shall submit that report to the European Parliament and to the Council together with a legislative proposal, if appropriate.
Amendment 1503 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 202 b (new)
Article 1 – paragraph 1 – point 202 b (new)
Regulation (EU) No 575/2013
Article 501c b (new)
Article 501c b (new)
Amendment 1506 #
2021/0342(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 203
Article 1 – paragraph 1 – point 203
Regulation (EU) No 575/2013
Article 505
Article 505
1. Own funds requirements for credit risk calculated in accordance with Title II of Part III shall be multiplied by a factor of 0,75, if the exposure to an agricultural enterprise as defined in Article 5 point (11) complies with all the following criteria: (a) the exposure is included either in the corporate, retail or immovable property exposures class, with the exclusion of exposures in default; (b) the obligor complies with farming practices that respect (or are equivalent to) eco-schemes and/or environmental, climate related and other management commitments as laid down in articles 31and70 of Regulation (EU) n° 2021/2115. 2. Large institutions as defined in Article433a shall report to competent authorities semi- annually on the total amount of exposures to agriculture entities calculated in accordance with paragraph 1of this Article. Small and non-complex institutions as defined in Article 433bshall report this information annually. 3. By 31 December 2030, EBA shall report to the Commission on the impact of the requirements of this Regulation on agricultural financing.
Amendment 169 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point b a (new)
Article 1 – paragraph 1 – point 4 – point b a (new)
Directive (EU) 36/2013
Article 21a – paragraph 4 – subparagraph 2
Article 21a – paragraph 4 – subparagraph 2
(b a) in paragraph 4, subparagraph 2 is replaced by the following: Financial holding companies or mixed financial holding companies exempted from approval in accordance with this paragraph shall not be excluded from the perimeter of consolidation as laid down in this Directive and in Regulation (EU) No 575/2013. https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02013L0036-20220101 unless, upon request of the financial holding company or mixed financial holding company, the competent authority identifies a composition of the group other than the one designated. In particular, the financial holding company or mixed financial holding company may not be considered the parent company where, in the opinion of the competent Authorities, the following conditions are met: i) the company has a statutory prohibition to assume management and coordination functions; ii) the company has no significant equity investments other than that in the company or bank as referred to in the following paragraph; iii) there is a bank or another company that is allowed and declares to exercise the management and coordination functions.’ Or. en
Amendment 374 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 18 – point b
Article 1 – paragraph 1 – point 18 – point b
Directive 2013/36/EU
Article 88 – paragraph 3 – subparagraph 1
Article 88 – paragraph 3 – subparagraph 1
3. Member States shall ensure that institutions draw up, maintain and update individual statements setting out the roles and duties of each member of the management body, senior management and key function holders and a mapping of duties, including details of the reporting lines and the lines of responsibility,of key function holders and the persons who are part of the governance arrangements as referred to in Article 74 (1) and their duties approved by the management body.
Amendment 382 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 18 – point b
Article 1 – paragraph 1 – point 18 – point b
Directive 36/2013/EU
Article 88 – paragraph 3 – subparagraph 2
Article 88 – paragraph 3 – subparagraph 2
Member States shall ensure that the statements of duties and the mapping of the dutiroles are made available and communicated in due time, upon request, to the competent authorities.
Amendment 386 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 18 – point b
Article 1 – paragraph 1 – point 18 – point b
Directive 2013/36/EU
Article 88 – paragraph 3 – subparagraph 3
Article 88 – paragraph 3 – subparagraph 3
Amendment 409 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Directive 2013/36/EU
Article 91 a – paragraph 2 – subparagraph 1
Article 91 a – paragraph 2 – subparagraph 1
2. The entities shall assess the suitability oftiming of the suitability assessment is subject to national law and takes place before or after the members of the management body before those members take up their positions. Where the entities conclude, based on the suitability assessment, that the member concerned does not fulfil the criteria and requirements set out in paragraph 1, the entities shall ensure that the member concerned does not take up the position considered.
Amendment 418 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Amendment 443 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Directive 2013/36/EU
Article 91 b – paragraph 3 – subparagraph 2
Article 91 b – paragraph 3 – subparagraph 2
Competent authorities shall complete the assessment referred to in paragraph 1 within 840 working days (‘assessment period’) as from the date of the written acknowledgement referred to in the first subparagraph of this paragraph.
Amendment 457 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Directive 2013/36/EU
Article 91 b – paragraph 4
Article 91 b – paragraph 4
4. Competent authorities that request from the entities additional information or documentation, including interviews or hearings, may extend the assessment period for a maximum of 420 working days. However, the assessment period shall not exceed 1260 working days. Request for additional information or documentation shall be made in writing and shall be specific. The entities shall acknowledge receipt of request for additional information or documentation within two working days and provide the requested additional information or documentation within 10 working days as of the date of the written acknowledgement of the request from competent authorities.
Amendment 469 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 20
Article 1 – paragraph 1 – point 20
Directive 2013/36/EU
Article 91 b – paragraph 8
Article 91 b – paragraph 8
Amendment 509 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 22 a (new)
Article 1 – paragraph 1 – point 22 a (new)
Directive 2013/36/EU
Article 97 – paragraph 4 – subparagraph 2
Article 97 – paragraph 4 – subparagraph 2
(22a) in Article 97(4), subparagraph 2 is replaced by the following: ‘When conducting the review and evaluation referred to in paragraph 1 of this Article, competent authorities shall apply the principle of proportionality in accordance with the criteria disclosed pursuant to point (c) of Article 143(1). https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02013L0036-20220101having regard to definitions set out in article 4, paragraph 1, from points 145 to point 146-bis of Regulation (EU) 575/2013 and, in accordance with the criteria disclosed pursuant to point (c) of Article 143(1). For entities referred to in Article 4, paragraph 1, point 146a of Regulation (EU)575/2013 competent authorities shall take into account the fact that subsidiaries and affiliated undertakings are all small and non-complex or less significant institutions.’ Or. en
Amendment 515 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 22 -a (new)
Article 1 – paragraph 1 – point 22 -a (new)
Directive (EU) 36/2013
Article 98 – paragraph 1 – point i
Article 98 – paragraph 1 – point i
(i) the business model of the institution22a) in Article 98(1), point (i) is replaced by the following: (i) the business model of the institution, including those essential features defined in national law as for entities referred to in art. 4, point 146-bis of Regulation (EU) No 575/2013.
Amendment 573 #
2021/0341(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 32 a (new)
Article 1 – paragraph 1 – point 32 a (new)
(32a) in Article 143(1), point c) is amended as follows: ‘(c) the general criteria and methodologies they use in the review and evaluation referred to in Article 97, including the criteria for applying the principle of proportionality as referred to in Article 97(4); https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A02013L0036-20220101For the latter criteria and in respect to, at least, for small and non-complex institutions as defined in Article 4, paragraph 1, point 145 of Regulation (EU) No 2019/876 a positive impact on proportionality needs to be achieved by providing the following elements be unambiguously published in addition to the existing ones: (i) a simplified approach to individuate material risks; (ii) simplified approaches to quantify the single material risks under Chapter 2 (review processes) Section II (arrangements, processes and mechanisms of institutions) Sub-Section 2 (technical criteria concerning the organisation and treatment of risks) and under Article 98 of these Directive; (iii) guidance on scope, methodologies, scenario and data for small and non- complex institutions’ stress testing;’ Or. en
Amendment 579 #
2021/0341(COD)
Proposal for a directive
Article 3 – paragraph 1 – subparagraph 3 a (new)
Article 3 – paragraph 1 – subparagraph 3 a (new)
The provisions necessary to comply with the amendments set out in Article 1, point (20), on suitability assessment shall apply from [OP please insert the date = 24 months from date of application of this amending Directive].
Amendment 267 #
2021/0295(COD)
Proposal for a directive
Recital 40
Recital 40
(40) For the purposes of calculating their own funds under Regulation (EU) No 575/2013 of the European Parliament and of the Council23 , institutions which belong to financial conglomerates that are subject to Directive 2002/87/EC of the European Parliament and of the Council24 may be permitted not to deduct their significant investments in insurance or reinsurance undertakings, provided that certain criteria are met. There is a need to ensure that prudential rules applicable to insurance or reinsurance undertakings and credit institutions allow for an appropriate level- playing field between banking-led and insurance-led financial groups. Therefore, insurance or reinsurance undertakings should also be permitted not to deduct from their eligible own funds participations in credit and financial institutions, subject to similar conditions and to apply a capital requirement factor based on the market risk module, calculated in accordance with Directive 2009/138/EC, to the participations in credit and financial institutions. In particular, either group supervision in accordance with Directive 2009/138/EC or supplementary supervision in accordance with Directive 2002/87/EC should apply to a group encompassing both the insurance or reinsurance undertaking and the related institution. In addition, the institution should be an equity investment of strategic nature for the insurance or reinsurance undertaking and supervisory authorities should be satisfied as to the level of integrated management, risk management and internal controls regarding the entities in the scope of group supervision or supplementary supervision. __________________ 23 Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1). 24 Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate and amending Council Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC and 93/22/EEC, and Directives 98/78/EC and 2000/12/EC of the European Parliament and of the Council (OJ L 35, 11.2.2003, p. 1).
Amendment 610 #
2021/0295(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 41 – point a
Article 1 – paragraph 1 – point 41 – point a
Directive (EU) 138/2009
Article 92 – paragraph 1a – subparagraph 1
Article 92 – paragraph 1a – subparagraph 1
1a. The Commission shall adopt delegated acts in accordance with Article 301a specifying the treatment of participations, within the meaning of Article 212(2), third subparagraph, in financial and credit institutions with respect to the determination of own funds, including: (i) approaches to deductions from the basic own funds of an insurance or reinsurance undertaking of material participations in credit and financial institutions; (ii) the market risk module to be applied by insurance and reinsurance undertakings and groups to the participations in credit and financial institutions pursuant to this Article.
Amendment 739 #
2021/0295(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 64 – point b
Article 1 – paragraph 1 – point 64 – point b
Directive 2009/138/EC
Article 214 – paragraph 2 – subparagraph 2 – point ii
Article 214 – paragraph 2 – subparagraph 2 – point ii
Amendment 744 #
2021/0295(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 64 – point c
Article 1 – paragraph 1 – point 64 – point c
Before excluding the ultimate parent undertaking from group supervision pursuant to paragraph 2, point (b), the group supervisor shall consult EIOPA, and where applicable, other supervisory authorities concerned, and shall assess the impact of exercising group supervision at the level of an intermediate participating undertaking on the solvency position of the group. In particular, such an exclusion shall not be possible if it would result in a material improvement in the solvency position of the group.;
Amendment 747 #
2021/0295(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 70
Article 1 – paragraph 1 – point 70
Directive 2009/138/EC
Article 228 – paragraph 1 – introductory part
Article 228 – paragraph 1 – introductory part
1. Irrespective of the method used in accordance with Article 220 of this Directive, for the purpose of calculating the group solvency, when participations in related undertakings from other financial sectors represent 20% or more of the voting rights or capital of the undertakings, the participating insurance or reinsurance undertaking shall take into account the contribution to the group eligible own funds and to the group Solvency Capital Requirement of the following undertakings:
Amendment 752 #
2021/0295(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 70
Article 1 – paragraph 1 – point 70
Directive (EU) 138/2009
Article 228 – paragraph 5 a (new)
Article 228 – paragraph 5 a (new)
5a. For participations in related undertakings from other financial sectors different to those referred to in paragraph 1, participating undertakings shall apply a capital requirement according to a market risk module approach.
Amendment 1 #
2020/2273(INI)
Motion for a resolution
Citation 1 a (new)
Citation 1 a (new)
- having regard to the European Parliament resolution of 8 October 2020 on the European Forest Strategy - The Way Forward1a, _________________ 1a Texts adopted, P9_TA(2020)0257.
Amendment 96 #
2020/2273(INI)
Motion for a resolution
Recital C a (new)
Recital C a (new)
Ca. whereas the EU’s Green Deal strategy seeks to ensure decent living conditions for farmers, fishermen and their families;
Amendment 154 #
2020/2273(INI)
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Welcomes the new EU Biodiversity Strategy for 2030 and its level of ambition; recognises, however, the need to set targets in each Member State, given the diversity of farming and forestry practices and the efforts made to date to observe the principles of economic, environmental and social sustainability;
Amendment 175 #
2020/2273(INI)
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Acknowledges the efforts made to date by the EU Member States and by the various sectors involved and stakeholders, in particular in the agriculture and forestry sector; emphasises that sustainable and effective management of natural processes is of the utmost importance for maintaining biodiversity, in particular in relation to the negative impact of climate change; recognises that the EU already has the largest coordinated network of protected areas in the world;
Amendment 206 #
2020/2273(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses that the pandemic has demonstrated the importance of the ‘One Health’ principle in policy-making and that transformative changes are needed; calls for an urgent rethinking of how to align the Union’s current policies with the changes needed;
Amendment 232 #
2020/2273(INI)
Motion for a resolution
Subheading 2
Subheading 2
Protection and, restoration and sustainable management
Amendment 246 #
2020/2273(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Expresses strong support forNotes the targets of protecting at least 30 % of the Union’s marine and terrestrial areas, and of strictly protecting at least 10 % of these areas, including primary and old- growth forests; stresses that these should be bindingased on scientific, proportional and calibrated data and implemented by Member States in accordance with science- based criteria and local biodiversity needs and with the principle of subsidiarity, also taking into account the different types of agriculture that characterise the protected areas; underlines that in addition to increasing protected areas, the quality of protected areas should be ensured and clear conservation plans implemented to allow the continuation of economic activities;
Amendment 337 #
2020/2273(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Welcomes the upcoming legislative proposal on the EU Nature Restoration Plan and reiterates its call for a restoration target of at least 30 % of the EU’s land and seas, which should be implemented by each Member State consistently throughout their territory, which should be based on scientific assessments; considers that in addition to an overall restoration target, ecosystem-specific targets should be set for ecosystems, with a particular emphasis on ecosystems for the dual purposes of biodiversity restoration and climate change mitigation and adaptation; stresses that after restoration, no ecosystem degradation should be allowed;
Amendment 360 #
2020/2273(INI)
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Stresses the importance of consistency between the policy of preserving and safeguarding protected areas and other Community policies, particularly economic policies; calls, therefore, for a gradual approach, with consistent and realistic performance indicators and measures that favour the adoption of incentives aimed at guiding businesses, instead of a purely prescriptive and punitive approach;
Amendment 394 #
2020/2273(INI)
Motion for a resolution
Paragraph 6
Paragraph 6
6. Underlines that the Biodiversity Strategy’s actions must adequately tackle all five main direct drivers of change in nature: changes in land and sea use; direct exploitation of organisms; climate change; pollution; and invasive alien species; calls for the balance between wild and domestic species to be guaranteed, thereby ensuring decent living conditions for farmers, fishermen and their families, while protecting their businesses from economic damage and safeguarding biodiversity, of which human beings and their activities are a part;
Amendment 428 #
2020/2273(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Highlights that soil biodiversity is the basis for key ecological processes; notes with concern the increased soil degradation and the lack of specific EU legislation; recognises the positive role that agriculture and forestry can play through good practices in managing and safeguarding biodiversity; calls on the Commission to submit a legislative proposal for the establishment of a common framework for the protection and sustainable use of soil that includes a specific decontamination targetbased on scientific data and economic, environmental and social impact assessments;
Amendment 467 #
2020/2273(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. Recalls that the EU has committed to achieving land degradation neutrality by 2030, but that this target is unlikely to be achieved; calls on the Commission, therefore, to present an EU-level strategy on desertification and land degradation and the abandonment of agricultural land;
Amendment 516 #
2020/2273(INI)
Motion for a resolution
Paragraph 10
Paragraph 10
10. Expresses its support forNotes the 2030 targets of bringing at least 25 % of agricultural land under organic farm management, which should become the norm in the long termtaking into account the progress already made by Member States as well as the real market outlets for organic products, and ensuring that at least 10 % of European agricultural land consists ofis given over to high-diversity landscape features, which should be implemented at farm level, targets which should both be incorporated into EU legistaking into account, too, the existing CAP regulations; considers it imperative that farmers receive support and training in the transition towards agroecological practicmore sustainable practices and that these targets do not compromise strategic targets relating to the common agricultural policy, European food safety and protection of the level of supply of Member States;
Amendment 609 #
2020/2273(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. InsRecognistes that priority for protected areas must be environmental conservation and restoration and that no activity in these areas should undermine this goal; calls on the Commission to avoid future marine renewable energy developmente scope for allowing developments in sustainable economic activity in protected areas and bottom- trawling fishing within Marine Protected Areas;
Amendment 631 #
2020/2273(INI)
Motion for a resolution
Paragraph 12 a (new)
Paragraph 12 a (new)
12a. Emphasises that extensive use of freshwater and seawater aquaculture in order to maintain wetlands both inland and in coastal areas would serve to boost biodiversity;
Amendment 644 #
2020/2273(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Underlines that the new EU Forest Strategy must be fully aligned with the Climate Law and the Biodiversity Strategy; calls for the inclusion in the Nature Restoration Plan of specific binding targettargets geared towards sustainable management and keeping forests healthy and suitably resilient; calls for the protection and restoration of forest ecosystems, which should also be incorporated into the Forest Strategy, without prejudice to the principle of subsidiarity;
Amendment 678 #
2020/2273(INI)
Motion for a resolution
Paragraph 14
Paragraph 14
14. Stresses that the Union’s tree planting initiatives should be based on proforestation, sustainableactive and sustainable forest management, reforestation and the greening of urban areas; calls on the Commission to ensure that these initiatives are carried out only in a manner compatible with and conducive to the biodiversity objectives;
Amendment 681 #
2020/2273(INI)
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Requests that, once planting has been carried out, proper and continuous maintenance be ensured for the greening of urban areas, which should be undertaken using plant material that is adapted to the particular pedo-climatic, morphological and landscape features, in addition to guaranteeing the maintenance of the area;
Amendment 719 #
2020/2273(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
16. Expresses its concern that the majority of the ranges of terrestrial species will decrease significantly in a 1.5 to 2°C scenario; highlights, therefore, the need to prioritise nature-based solutions in meeting climate mitigation goals and in adaptation strategies and to increase the protection of natural carbon sinks in the EU, while ensuring the gradual elimination of fossil fuels in order to achieve the objective of the Paris Agreement;
Amendment 784 #
2020/2273(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. WelcomNotes the Commission’s targets of reducing the use of more hazardous and chemical pesticides by 50 %, the use of fertilisers by at least 20 % and nutrient losses by at least 50 % by 2030, which should be made bindingset on the basis of impact assessments and scientific data so that they can also be implemented in light of the requirements of the common agricultural policy; considers that the derogation envisaged in Article 53(1) of Regulation (EC) No 1107/2009 should be clarified and must only be applied for agricultural reasons and assessed on the basis of health and environmental reasonfactors;
Amendment 803 #
2020/2273(INI)
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. Calls for pesticides and chemicals to be replaced within timeframes subject to the availability of alternative tools for the protection of plants and animals; stresses that these tools need to be available and that, if removed, must in all cases be replaced with tools that are equally as effective and cost-efficient;
Amendment 814 #
2020/2273(INI)
Motion for a resolution
Paragraph 18 b (new)
Paragraph 18 b (new)
18b. Agrees on the need to maintain farmers’ incomes by using appropriate tools and secure methods to protect crops from pests and diseases as provided for by the Farm to Fork Strategy;
Amendment 819 #
2020/2273(INI)
Motion for a resolution
Paragraph 18 c (new)
Paragraph 18 c (new)
18c. Calls for authorisations for the approval of plant protection products to be undertaken at EU level in an effort to fully harmonise standards;
Amendment 913 #
2020/2273(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Calls on the Commission to ensurcourage effective biodiversity mainstreaming and proofing across EU spending and programmes on the basis of the EU Taxonomy and the ‘do no significant harm’ principle; calls on the Commission to provide a comprehensive assessment of how the EUR 20 billion per yearresources needed for nature could be mobilised, to make corresponding proposals for the Union’s annual budget and to examine the need for a dedicated funding instrument for TEN-N; considers that efforts should be made to reach 10 %earmark a proportion of annual spending on biodiversity under the multiannual financial framework (MFF) as soon as possible from 2021 onwards, by creating a specific budget line and without in any event compromising the financial resources earmarked for other policies, notably all the instruments of the common agricultural policy;
Amendment 938 #
2020/2273(INI)
Motion for a resolution
Paragraph 23
Paragraph 23
23. Calls on the Commission to provide an assessment of allthe various subsidies harmful to the environment with a view to their phasing out by 2030 at the latest; reiterates its calls for the reorientation of taxation systems towards an increased use of environmental taxation, where possible, using timeframes to be defined on the basis of scientific evidence and subject to the availability of European alternatives in the different areas of application; emphasises that this assessment should be without prejudice to other Union policies;
Amendment 967 #
2020/2273(INI)
Motion for a resolution
Paragraph 24
Paragraph 24
24. Highlights the need for a legally binding biodiversity governance framework, similar to the Climate Law, which steers a path to 2050 through a set of binding objectives, including targets for 2030 and the COP15 commitments, and which establishes a monitoring mechanism with smart indicators; calls on the Commission to submit a legal proposal to this end in 2022;
Amendment 1140 #
2020/2273(INI)
Motion for a resolution
Paragraph 29 a (new)
Paragraph 29 a (new)
29a. Stresses the importance of including respect for biodiversity in agreements in order to halt global deforestation and prevent the overexploitation of fishery and marine resources; urges developing countries to support biodiversity and alignment with European standards on sustainability, and to prevent the exploitation of workers; calls on the Commission to ensure that imported products meet the same standards required of European producers in order to protect biodiversity;
Amendment 1199 #
2020/2273(INI)
Motion for a resolution
Paragraph 31
Paragraph 31
31. Underlines that the successful implementation of the strategy depends on the involvement of all actors and sectors, emphasising the importance of respect for local biodiversity management, as is already the case in the Habitats and Natura 2000 areas; calls on the Commission to create a stakeholder platform for discussion and to ensure an inclusive, equitable and just transition transition, in line with the sustainable development targets, that is equitable and just;
Amendment 327 #
2020/2260(INI)
Motion for a resolution
Recital C a (new)
Recital C a (new)
Ca. whereas the multifunctional agricultural model also ensures that age- old traditions, cultures and identities with a high intangible value are passed on; whereas this has enormous economic potential, for example in the field of rural tourism, and generates positive social effects, involving disadvantaged categories with low contractual power in the production chain (social agriculture);
Amendment 538 #
2020/2260(INI)
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Invites the Commission to put not only environmental but also economic and social sustainability at the heart of the strategy; requests that a priori judgements disregarding the reality that every sector has more or less sustainable production methods be avoided;
Amendment 542 #
2020/2260(INI)
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Calls for all the targets and content of the strategy to be based on scientific data;
Amendment 591 #
2020/2260(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the announcement of an impact-assessed proposal for a legislative framework for sustainable food systems; invites the Commission to use this proposal to set out a holistic common food policy aimed at reducing the environmental and climate footprint of the EU food system in order to make Europe the first climate- neutral continent by 2050 and strengthen its resilience to ensure food security in the face of climate change and biodiversity loss, leading a global transition towards economic, environmental and social sustainability from farm to fork, based on the principle of a multifunctional agricultural sector while ensuring consistency between policies by taking into account the existing legislation in order to enable all actors in the European food system to develop long-term plans based on realistic and transparent objectives; suggests that the respective base lines and progress achieved in each Member State be taken into account, while promoting the exchange of know-how and best practices between Member States; stresses the need to include the entire food and beverage chains including processing, marketing, distribution and retailwholesale and retail marketing, storage, transport and logistics, disposal and recycling of secondary materials;
Amendment 640 #
2020/2260(INI)
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Urges the Commission not to forget the key role that young farmers will have to play in accomplishing this much- needed transition to sustainable farming; calls for measures designed to support income, generational renewal and training to create a space enabling the inclusion and retention of young people in agriculture;
Amendment 686 #
2020/2260(INI)
Motion for a resolution
Subheading 2
Subheading 2
Building the food chain that works for consumers, producers, distributors, climate and the environment
Amendment 902 #
2020/2260(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Emphasises the importance of recognising the significant impact of certain systems of agricultureal and especially animal production and the associated logistics on greenhouse gas (GHG) emissions and land use; stresses the need to enhance natural carbon sinks and reduce agricultural emissions of carbon dioxide, methane and nitrous oxide, in particular in the feed and livestock sectors; calls for regulatory measures and targets to ensure progressive reductions in all GHG emissions in these sectors; emphasises the role of nutrient management plans in reducing emissions, by means of consultancy services and technological innovations such as precision farming, which enables rational use of technical resources; calls for regulatory measures and targets to ensure progressive reductions in all GHG emissions in these sectors; stresses the importance of recognising the efforts made by the agri-food sector to offset emissions and of including financial support and compensation for initiatives aimed at reducing emissions and restoring soil fertility;
Amendment 1049 #
2020/2260(INI)
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Calls for the implementation of modern indoor livestock rearing facilities and techniques that ensure the supply of food of animal origin required by the EU population while also contributing to reducing emissions, combating climate change and respecting animal welfare;
Amendment 1214 #
2020/2260(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. Calls for CAP National Strategic Plans to ensure adequate financial support and incentives to promote the green transition for all advanced local logistics platforms, classified by the Member States as strategic public-interest structures for the concentration, processing and wholesale distribution of agri-food production, and new ecological ‘green’ business models for agriculture and artisanal food production, notably through fostering short supply chains and quality food production, through options such as modern local logistics ‘green hubs’;
Amendment 1273 #
2020/2260(INI)
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Calls for all of the various sustainable production methods, such as organic and integrated production and other recognised systems that make it possible to protect the EU region, society and consumers, to be exploited, promoted and supported, as they combine environmental sustainability, increasing the total land area under cultivation, with environmentally friendly systems. It is also important to give adequate consideration to the role of voluntary quality schemes, for example by continuing the regulation activities initiated by the European Commission;
Amendment 1382 #
2020/2260(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Expresses its deep concern about the emergence of zoonotic diseases that are transferred from animals to humans (anthropozoonoses), such as Q fever, avian influenza and the new strain of influenza A (H1N1), which is exacerbated by anthropogenic climate change, the destruction of biodiversity, environmental degradation and our current less innovative food production systems, which are deficient in terms of good health and biosecurity practices;
Amendment 1469 #
2020/2260(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Urges the Commission to follow up on Directive (EU) 2019/633 on unfair trading practices22 and the EU code of conduct on responsible business and marketing practices by producing a monitoring framework for the food and retail and wholesale sectors and providing for legal action if progress in integrating economic, environmental and social sustainability into corporate strategies is insufficient, and in so doing promoting and rewarding the efforts of sustainable agricultural producers while increasing the availability and affordability of healthy, sustainable food options and reducing the overall environmental footprint of the food system; stresses the importance of halting and addressing consolidation and concentration in the grocery retail sector in order to ensure fair prices for farmers; calls for consumers to be brought closer to fresh local products by means of local wholesale logistics facilities that promote traceability, food safety and price transparency from farm to fork; stresses the importance of halting and addressing consolidation and concentration in the grocery retail sector in order to ensure fair prices that take into account production costs and promote distribution through wholesale agri-food markets (Food Hubs) as models that promote fair competition and guarantee fair and affordable prices for all links in the supply chain; _________________ 22 OJ L 111, 25.4.2019, p. 59.
Amendment 1679 #
2020/2260(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
16. Calls for measures to reduce the burden that highly processed foods with high salt, sugar and fat content place on public health;regrets that the introduction of nutrient profiles is greatly delayed and stresses that a robust set of nutrient profiles must be developed to restrict or prohibit the use of false nutritional claims on foods high in fats, sugars and/or saltpromote healthier diets through consumer awareness campaigns and activities providing information on the importance of a varied and balanced diet in which food is consumed in the right amount and is accompanied by adequate physical activity; calls for a mandatoryharmonised EU-wide front-of- pack nutrition labelling system that is based on independent science and on the principles of Article 35 of Regulation (EU) No 1169/2011, and that is voluntary, informative, non- discriminatory and supported by thorough impact assessments;
Amendment 1735 #
2020/2260(INI)
Motion for a resolution
Paragraph 17
Paragraph 17
17. Welcomes the Commission’s commitment to revise the EU legislation on food contact materials (FCM); reiterates its call to revise the legislation on FCM in line with the regulation on the registration, evaluation, authorisation and restrictionbased on the scientific work of cthemicals (REACH) EFSA, as well as classification, labelling and packaging regulations, and to insert, without further delay, specific provisions to substitute endocrine disrupting chemicals;
Amendment 1973 #
2020/2260(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Calls for a revision of public procurement legislation, including minimum mandatory criteria in schools and other public institutions to encourage organic and local food production of traditional and typical foods with geographical indications, from short supply chains, and to promote more healthy diets by creating a food environment that enables consumers to make the healthy, informed and sustainable choices;
Amendment 2027 #
2020/2260(INI)
Motion for a resolution
Paragraph 23
Paragraph 23
23. Reiterates its call to take the measures required to achieve a Union food waste reduction target of 30 % by 2025 and 50 % by 2030 compared to the 2014 baseline; underlines that bindingproportionate and realistic targets are needed to achieve this, taking as an example the surplus recovery projects already successfully launched in agri-food wholesale centres;
Amendment 65 #
2020/2242(INI)
Motion for a resolution
Paragraph 1
Paragraph 1
1. Stresses the need to maintain and further develop European technological leadership in clearenewable and low-carbon hydrogen13 through a competitive and sustainable hydrogen economy with an integrated hydrogen market; emphasises the necessity of a European hydrogen strategy that covers the whole hydrogen value chain, including the demand and supply sectors, and is coordinated with national efforts to bring down the costs of clearenewable and low-carbon hydrogen; welcomes, therefore, the hydrogen strategy for a climate-neutral Europe proposed by the Commission and the national strategies and investment plans for hydrogen of several member states; urges the Commission to streamline its approach on hydrogen with the industrial strategy and make it part of a coherent industrial policy; _________________ 13 According to the Commission, ʻclean hydrogenʼ refers to hydrogen produced through electrolysis of water with electricity from renewable sources. It may also be produced through reforming of biogas or biochemical conversion of biomass, if in compliance with sustainability requirements.
Amendment 75 #
2020/2242(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Underlines that the ‘energy efficiency first’ principle prevails and that direct electrification, where possible, is the preferable option for decarbonisation as it ise importance of a resilient and climate neutral energy system based on the principles of energy efficiency, cost efficiency and security of supply; stresses that, while direct electrification is an important pathway towards decarbonisation, it should only be the preferable option, where it is technologically, socially and economically more feasible and more cost- and energy- efficient than the use of renewable or low- carbon hydrogen or other alternatives; notes, however, that the ‘energy efficiency first’ principle should not prevent the development of innovative pilot and demonstration projects in view of making clean hydrogen competitive;
Amendment 88 #
2020/2242(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Is convinced that only clearenewable and low carbon hydrogen is sustainably contributing to achieving climate neutrality in the long term; stresses that low-carbon hydrogen will play an important role by significantly contributing to the reduction of emissions in the short and medium term and to the development of an EU hydrogen economy by scaling-up the market;
Amendment 99 #
2020/2242(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Believes that a common legal classification of the different types of hydrogen is of utmost importance; welcomes the classification proposed bypoints out that rapid agreement on a comprehensive and science-based uniform EU-wide terminology for renewable and low carbon hydrogen is necessary to adapt national legal definitions and to provide a clear classification which brings with it legal certainty; stresses that this classification should be based on the carbon content of hydrogen and stepping away from the Ccommissiononly used colour-based approach; notes that avoiding two names for the same category, such as ʻrenewableʼ and ʻcleanʼ hydrogen, could further clarify that classification;
Amendment 109 #
2020/2242(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Underlines the urgent need for European standards, certification and labelling systems for clean hydrogen and a system of guarantees of origin for renewablehydrogen and electricity; believes that clean hydrogen production should be determinclassified according to an independent, science- based review, well-to-wheels assessment of its lifecycle emissions; calls on the Commission to provide a regulatory framework as early as possible in 2021technology- neutral emissions threshold standard for hydrogen and a regulatory framework that ensures guarantees of origin, tradability across member states and is consistent with the ETS as early as possible in 2021; stresses that one core criterion for the standards, certification and labelling systems should be the carbon content rather than the production method in order to respect technology neutrality;
Amendment 120 #
2020/2242(INI)
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Calls on the Commission to provide clarification on the role of carbon capture and utilisation or storage (CCU and CCS) by providing an enhanced framework for this technology and by addressing barriers;
Amendment 165 #
2020/2242(INI)
Motion for a resolution
Paragraph 9
Paragraph 9
9. Notes that, in order to build up a sustainable hydrogen economy fast enough to reach our climate goals, low-carbon hydrogen can play a transitional role; calls on the Commission to assess for how long and how much of this hydrogen would be needed approximately for decarbonisation purposes until solely clean hydrogen can play this rolemust play a vital and complementary role in ramping up the market; highlights in this regard, the important role of carbon capture and storage technologies (CCS); calls on the Commission to set up a technology- neutral regulatory framework and reduce regulatory and economic hurdles to foster a quick market uptake of low-carbon hydrogen;
Amendment 221 #
2020/2242(INI)
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Underlines that interoperability with the gas system and interconnection of hydrogen infrastructure within the EU must be assured in order to develop a functioning internal market and drive forward the integration of the energy system;
Amendment 229 #
2020/2242(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Encourages the Commission and the Member States to assess the possibility ofgradually repurposinge existing gas pipelinesinfrastructure for the transport of pure hydrogen, storage and distribution of hydrogen as well as of hydrogen and natural gas blends in order to maximise cost efficiency and minimise investment costs and levelised costs of transmission; and distribution; underlines the need of setting targets to encourage the necessary energy infrastructure and incentivise appropriate capacity building, while avoiding the creation of artificial needs;
Amendment 236 #
2020/2242(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Encourages the Commission and the Member States to assess and support the possibility of repurposing existing gas pipelines for theand under development gas pipelines for the blending of increasing volumes of hydrogen in the system with a view to transporting of pure hydrogen in order to maximise cost efficiency and minimise investment costs and levelised costs of transmission;
Amendment 343 #
2020/2242(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Believes that the importing of clean hydrogen may become necessary to cater to European demand; calls on the Commission to establish mutually beneficial cooperation with neighbouring regions; Emphasises that Europe’s leading role in the manufacturing of renewable hydrogen technologies presents the opportunity to promote European industrial leadership and innovation on a global level while reinforcing the EU’s role as a global climate leader; underlines the goal of increasing domestic hydrogen production, while acknowledging the possibility of importing additional renewable energy and hydrogen from neighbouring regions and third countries, to cater an increasing domestic demand for affordable hydrogen; therefore calls on the Commission to establish mutually beneficial cooperation with neighbouring regions, while taking into consideration EU energy security as well as environmental standards of the EU's external partners;
Amendment 368 #
2020/2242(INI)
Motion for a resolution
Paragraph 18 d (new)
Paragraph 18 d (new)
18d. Considers, in this regard, the fact that new partnerships, especially those with Northern African countries, are a win-win business opportunity, since they support the development of the renewable and hydrogen energy industries on both sides;
Amendment 21 #
2020/2241(INI)
Motion for a resolution
Recital B
Recital B
Amendment 44 #
2020/2241(INI)
Motion for a resolution
Recital D
Recital D
D. whereas energy system integration canaims to keep costs for European authorities, European businesses and European citizens within realistic and acceptable limits; a cost efficient energy sector integration must be enforced;
Amendment 65 #
2020/2241(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Believes that such a strategy can help the Union achieve its climate goals while maintaining energy accessibility, affordability and security of supply through the development of an efficient, integrated, interconnected, resilient, smart and decarbonised system;
Amendment 72 #
2020/2241(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Reiterates its support forAcknowledges the importance of the energy efficiency first principle and recalls that the most sustainable energy is energy which is not consumeddirect electrification, where possible, presents an important pathway towards decarbonisation. Highlights the need to develop a resilient and climate neutral energy system based on the principle of “cost-efficiency";
Amendment 81 #
2020/2241(INI)
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3 a. Notes the high energy consumption in the water sector needs; calls on the Commission to consider energy-efficient measures for the EU water sector and the possibility to use treated waste water as an “on-site” source of renewable energy in the Energy System Integration;
Amendment 92 #
2020/2241(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. DeplorAcknowledges the insufficient progress made by Member States, as set out in the Energy Efficiency Progress Report; encourages the Commission to propose more ambitious targetexplore the impacts of revised targets on businesses, notably SMEs, taking into account its recommendations as part of the Energy Union governance process; welcomes, in this regard, the renovation wave strategy; emphasizes that the renovation of the existing building stock does not fully compensate for the need to produce more low carbon energy;
Amendment 98 #
2020/2241(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Calls on the Commission to extend the principle of energy efficiency to the entire value chain and to all end-uses; underlines the potential of circularity and reuse of wasteorganic waste from cities and agricultural sector, energy and waste heat from industrial processes, buildings and data centres; draws attention tocalls on the Commission and the Member States to develop effective incentives and business models for the uncoupling and use of industrial waste heat; draws attention to the replacement of old and inefficient heating systems and the modernisation of heat networks, which can play a significant role in heat decarbonisation; stresses the potential of digital tools for smart energy management;
Amendment 112 #
2020/2241(INI)
Motion for a resolution
Paragraph 6
Paragraph 6
6. Recalls that the energy transition will require between EUR 520 and 575 billion in annual infrastructure investment; calls on the Commission to develop sustainable investment criteria which are fully in line with the climate and integration goalsfinancial tools which are fully in line with the climate and integration goals; underlines that European programmes and financing instruments such as Horizon Europe and the European Clean Hydrogen Partnership, the Connecting Europe Facility on the basis of the TEN-E and TEN-T Regulations, cohesion policy, InvestEU, Recovery and Resilience Facility, Just Transition Fund and the ETS Innovation Fund have a key role in fostering a renewable and low-carbon hydrogen economy, biogas/biomethane development and carbon capture and storage and hydrogen-compatible infrastructure, while also providing appropriate investments in the use of natural gas where it provides emission reduction and serves as a transitional enabler; calls on the Commission to develop targets for energy infrastructure rollout and that system integration should make maximum use of existing gas infrastructure which can help deliver a cost-effective transition throughout many sectors including industry and mobility;
Amendment 120 #
2020/2241(INI)
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6 a. Regrets that the Commission’s draft taxonomy delegated act undermines the climate goals with regards to renewable energy sources, encourages the Commission to embrace a technological neutral approach based on life-cycle GHG emissions and not demand stricter rules from hydropower, biofuel and biogas, than other renewable energy sources; Furthermore, regrets that nuclear power is broken out and dealt with in a separate delegated act as this undermines the holistic energy system perspective, and limits Member States' possibilities for self- determination over the energy mix;
Amendment 125 #
2020/2241(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Highlights the importance of assessing ex-ante and anticipating the need for new energy production, transmission, distribution and conversion of infrastructure in order to optimise itsthe use of existing energy infrastructure in a climate- neutral economy and to ensure its economic viability;
Amendment 128 #
2020/2241(INI)
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7 a. Believes that a common legal classification of the different types of renewable, decarbonised and low-carbon gases, including hydrogen, based on the full life cycle GHG emissions savings and sustainability criteria, is of utmost importance for market players, authorities and consumers; calls on the Commission to develop a comprehensive classification and certification framework of gaseous carriers;
Amendment 134 #
2020/2241(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. Calls on the Commission to use the revision of Regulation (EU) No 347/2013 on trans-European energy infrastructure as an opportunity to include energy system integration in the Regulation’s objectives and the 10-year network development planning; calls for greater efforts to remove obstacles hindering the full integration of energy systems, which would otherwise encourage citizens and industry to fully embrace cleaner energy alternatives because there will be no Green Deal without a better integration of the energy system; Emphasises that it is necessary to achieve a cost-effective decarbonisation of the EU economies which will build a more flexible, more decentralised and digital energy system, in which consumers are empowered to make their energy choices;
Amendment 144 #
2020/2241(INI)
Motion for a resolution
Paragraph 9
Paragraph 9
9. Calls for the mass deployment of renewable, low carbon and decarbonised energy at competitive costs; encourages the Commission to propose more ambitious targetmeasures in order to increase the share of such energy in electricity generation, heavy industry, transport, construction, heating and cooling;
Amendment 151 #
2020/2241(INI)
10. Welcomes the adoption of the European Hydrogen Strategy; is convinced that renewable and delow carbonised hydrogen, together with other renewable gases, can help reduce persistent emissions from hard to abate sectors, such as industrial processes and ,heavy transport which cannot be decarbonised throughand buildings and where direct electrification might be limited due to low cost-efficiency or technical, social and environmental reasons; recalls also the need to decarbonise existing hydrogen production and the usrole of zero-carbon electricity; recalls also the need to decarbonise existing hydrogen productionCarbon Capture and Storage (CCS) technologies; recalls the potential of blending hydrogen with natural gas as a contribution to the decarbonisation of the gas sector; underlines the potential of hydrogen for energy storage and transport and its contribution to the flexibility of the energy system;
Amendment 168 #
2020/2241(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Calls on the Commission to extend the obligation laid down in Directive (EU) 2018/2001 for Member States to issue guarantees of origin forthat ensure the traceability of low- and zero- carbon gases and for renewables based on a science-based life-cycle analysis; considers that all sustainable and cost-effective biofuels will be needed and believes that it would be environmentally and economically counterproductive to revise the renewable directive's sustainability criteria for forest biofuels in the way indicated in the Commissions energy system integration strategy; believes that sustainable forest management can contribute to climate adaptation by replacing fossil raw materials and through a long-term increased sequestration of carbon in forests;
Amendment 179 #
2020/2241(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Stresses the need to accelerate research and, development onand full exploitation of technologies for CO2 capture, storage and reuse; emphasizes that the EU needs a technological revolution making large-scale carbon capture (CCS) storage solutions profitable in order to combine economic growth with reduced greenhouse gas emissions;
Amendment 188 #
2020/2241(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the Commission to propose ambitious targets for the decarbonisation of road, maritime, rail and air transport in a technology-neutral way; welcomes the Commission’s announcement of the deployment of one million charging points for electric vehicles; stresses the need to adapt the electrification networks for Europe’s vehicle fleetinfrastructure for alternative fuels for Europe’s vehicle fleet as well as to support other readily deployable solutions; highlights that direct electrification is very important but cannot stand alone in order to achieve a fast, affordable and just energy transition;
Amendment 211 #
2020/2241(INI)
Motion for a resolution
Paragraph 15
Paragraph 15
15. Highlights the need to reduce regulatory barriers, improve access to capital and further support all forms of energy storage projects alongthat can offer services along with transmission and distribution networks and at consumption sites; recalls the importance to ensure full interoperability of different transport and storage systems, including those with cross-border relevance and connected to third countries; urges the Commission to revise the Energy Taxation Directive to reduce the costs of taxes and levies on energy transformation and energy storage,while avoiding undue market distortions at the expense of other energy sources;
Amendment 223 #
2020/2241(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
16. Recalls the role that greenewable and low carbon hydrogen can play in balancing grids by using any surpluselectricity; notes the need to develop the hydrogen-storing technologies and capacities and the role that renewable hydrogen and electrolysers can play in providing more flexibility to the grids and integrating the increasing share of renewable electricity production;
Amendment 233 #
2020/2241(INI)
Motion for a resolution
Paragraph 16 a (new)
Paragraph 16 a (new)
16 a. Acknowledges that power-to gas and power-to-heat technologies can play a key role in terms of large scale energy storage, to meet seasonal demand and to balance an electricity system because they are easy to integrate in existing infrastructure, help balance the electricity grid and can be cost-effectively transported across long-distances;
Amendment 243 #
2020/2241(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Calls on the Commission and the Members States to explore ways of further encouraging, through effective incentives, the development of a European market for demand-side flexibility, potentials for energy storage and balancing electricity grid; welcomes flexible integrated energy systems that aim to optimize the district heating/cooling sector contributing to the balancing of the electricity grid, cost- effective use of renewable energy sources and waste heat integration at local/regional level;
Amendment 253 #
2020/2241(INI)
19. Stresses that a more renewable, decentralised and better integrated energy system requires better forecasting of energy demand and matching with the supply and storage from different energy carriers; highlights, in this regard, the crucial role of digitalisation for the processing of statistical and meteorological data; calls on the Commission and the Member States to develop an internal market for digital energy technologies; welcomes the intention of the Commission to adopt an action plan for the digitalisation of energy to foster the EU technological leadership and enable a more integrated energy system with intelligent solutions in specific sectors (smart grids, more efficient and safe transport, energy savings in buildings), a more active role of consumers and improved funding for the 2021-2027 period;
Amendment 268 #
2020/2241(INI)
Motion for a resolution
Paragraph 20
Paragraph 20
20. Recalls that the primary objective of Union action in the field of energy is to ensure the proper functioning of the market; calls on the Commission to propostake the necessary legislative changes to ensure equal rights for all consumers and undistorted price signmeasures to safeguard the well-functioning of energy markets and to ensure the full implementation of the acquis for the internal energy market, including the Clean Energy Package, equals reflecting the real cost of energy and itsights for all households and businesses and help them contributione to the decarbonisation of the economy; welcomes the initiative to revise Directive 2003/96/EC;
Amendment 300 #
2020/2241(INI)
Motion for a resolution
Paragraph 23
Paragraph 23
23. Recalls that one of the objectives of the Energy Union is to reduce our import dependency and to ensure security of supply; considers that the creation of synergies can help achieve this objective;
Amendment 317 #
2020/2241(INI)
Motion for a resolution
Paragraph 25 a (new)
Paragraph 25 a (new)
25 a. Welcomes the development of carbon dioxide capture and storage (CCS) and carbon capture utilisation and storage (CCUS) when it may be necessary to achieve climate neutrality, and to provide negative emissions by CCS on biomass combustion, and to reduce emissions where other reasonable alternatives through CCS at fossil fuel emissions, particularly in certain industrial processes; in this regard, welcomes the Commission proposal to convene an annual European CCUS Forum as part of the Clean Energy Industrial Forum to further study options to foster such projects;
Amendment 321 #
2020/2241(INI)
Motion for a resolution
Paragraph 25 b (new)
Paragraph 25 b (new)
25 b. Considers that the EU should promote regulatory solutions in the heating sector and energy efficiency legislation which respect the variation between Member States' conditions and most appropriate solutions which are particularly large in these sectors;
Amendment 324 #
2020/2241(INI)
Motion for a resolution
Paragraph 25 c (new)
Paragraph 25 c (new)
25 c. Believes that both increased energy system integration and consumers have the opportunity to play an active role which requires a well-functioning energy market with accurate price signals that reflects the cost-effectiveness of different technical systems and greenhouse gas emissions; considers that current regulations enable uncompetitive prices for nuclear power in some Member States that do not sufficiently lead to a cost- effective decarbonised transition;
Amendment 325 #
2020/2241(INI)
Motion for a resolution
Paragraph 25 d (new)
Paragraph 25 d (new)
25 d. Underlines that the EU’s climate policy and energy policy has to go hand in hand within creased economic growth; stresses that the energy policy must therefore always encourage cost-effective, low carbon and reliable energy sources that ensure the industry's access to energy.
Amendment 68 #
2020/2223(INI)
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Is of the view that in the absence of a globally homogeneous competition policy, EU undertakings should be able to compete in global markets on an equal footing; calls on the Commission, therefore, to change its competition policy in order to promote serious industrial development, including by encouraging the emergence of European champions in sectors of strategic importance, while taking care not to favour certain mergers to the detriment of others;
Amendment 75 #
2020/2223(INI)
Motion for a resolution
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Stresses that unfair competition between Member States hinders the proper functioning of competition policies and the single market;
Amendment 103 #
2020/2223(INI)
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Calls on the Commission urgently to define the concept of economic unit within the Temporary Framework for State aid measures, taking a substantive approach that takes into account the aid needed by individual undertakings irrespective of whether or not they are part of a group; is of the view that a clear definition of 'economic unit' is necessary in order to avoid differences in interpretation among Member States;
Amendment 115 #
2020/2223(INI)
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Calls on the Commission, in its revision of the Consumer Credit Directive (CCD), to ensure there is genuine competition between consumer credit operators, which is essential in order to foster post-COVID-19 economic recovery, by promoting, inter alia, ease of access, comparability of offers and transparency in the cost of credit; recommends, in this regard, that a distinction be made, for the purposes of the total cost of the credit, between the direct costs incurred by the economic operators and the indirect costs incurred by consumers (such as taxes and charges for third-party services), which are therefore non-refundable;
Amendment 121 #
2020/2223(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. Calls for reflection on possible distoron the Commission and the European Banking Authority to allow a temporary modifications of competition arising from the European Central Bank’s pandemic emergency purchase programme (PEPP) and corporate sector purchasing programme (CSPP)the 90-day term relating to 'past due' rules and a temporary extension of the time frame provided for in the NPL rules with regard to so-called calendar provisioning in the Capital Requirements Regulation 2 (CRR2); points out that the aim of this is to avoid a credit crunch and an artificial reduction in competition;
Amendment 152 #
2020/2223(INI)
Motion for a resolution
Paragraph 10
Paragraph 10
10. Expresses its concern about distortive state-funded competition from Chinese and other foreign undertakings acquiring European undertakings, especially those active in innovative technologies and those active in promoting the green recovery, the use of renewable energy, decarbonisation and modernisation towards clean and circular industry;
Amendment 161 #
2020/2223(INI)
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Stresses the need to protect competition on the European market from any form of unfair dumping - be it economic, social, fiscal or environmental - by non-EU economic operators who are not subject to compliance with environmental sustainability and health safety standards similar to those in Europe;
Amendment 166 #
2020/2223(INI)
Motion for a resolution
Paragraph 11 b (new)
Paragraph 11 b (new)
11b. Calls on the Commission and the Member States in this regard, pending consideration of the proposal on the carbon border adjustment mechanism (CBAM), to adapt EU trade defence instruments in order to safeguard the public and private investments needed to achieve the EU's ambitious climate targets, while protecting the competitiveness of the industrial sectors involved in the green transition and ensuring the highest standards of consumer health protection and health security;
Amendment 172 #
2020/2223(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Is of the opinion that the Union and the Member States need targeted policies and investments to reindustrialise and re- shore jobs and value chain activities; points out that these policies and investments should aim to protect and promote, in particular, those sectors and jobs that are involved in protecting consumers' health and achieving the objectives of the Green Deal and in Europe's transition towards a circular economy;
Amendment 175 #
2020/2223(INI)
Motion for a resolution
Paragraph 12 a (new)
Paragraph 12 a (new)
12a. Calls for, accordingly, strong support for investment in research and development by European industry, as part of the transition to a sustainable development model based on renewable and recyclable energy and materials, aimed at supporting the competitiveness of European industry vis-à-vis non-EU competitors whose production processes are not subject to the same ambitious environmental sustainability criteria as those determined at the EU level;
Amendment 179 #
2020/2223(INI)
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Reiterates the need, in this regard, to promote technologies and production policies at EU level that lead to a significantly reduced environmental impact, giving particular priority to scientific end-of-life assessments using objective, measurable and shared parameters that take account of the entire value chain;
Amendment 2 #
2020/2142(DEC)
Draft opinion
Recital A a (new)
Recital A a (new)
A a. whereas the procedure of giving discharge separately to the individual Union institutions and bodies is a long- standing practice to guarantee transparency and democratic accountability towards Union citizens and is accepted by all institutions and bodies except the Council;
Amendment 10 #
2020/2142(DEC)
Draft opinion
Paragraph 2
Paragraph 2
2. CRemains convinced that an agreement on this matter is possible and therefore, calls on the Council to resume those negotiations without undue delay; reiterates its previous position that, if those negotiations with the Council do not succeed, the negotiations should be extended to the Commission, so as to ensure that Parliament is provided with the necessary information on how the Council is implementing its budget, either directly or via the Commission;
Amendment 18 #
2020/2142(DEC)
Draft opinion
Paragraph 4
Paragraph 4
4. Considers that the Conference on the future of Europe provides an opportunity to discuss proposals to enhance transparency and democratic accountability with regard to the protection of the Union’s financial interests, such as the possibility of a Treaty change giving the Parliament the explicit competence to grant discharge to all institutions and bodies individually; underlines that the impact of such changes on the inter-institutional balance as provided for in the Treaties should be thoroughly examined by Parliament's competent committee.
Amendment 15 #
2020/2122(INI)
Motion for a resolution
Recital A
Recital A
A. whereas overall, the banking sector has responded to the COVID-19 pandemic with resilience, mostlyalso founded on the regulatory reforms enacted since the global financial crisis and further supported by extraordinary public policy relief measures and capital conservation practices;
Amendment 36 #
2020/2122(INI)
Motion for a resolution
Recital C
Recital C
C. whereas the lack of a solution to the treatment of sovereign debt exposures andin the banking prudential framework national options and discretions persists, undermining the European dimension of the Banking Union;
Amendment 39 #
2020/2122(INI)
Motion for a resolution
Recital C
Recital C
C. whereas the lack of a solution to the treatment of sovereign debt exposures still to be discussed at international level and national options and discretions persists, undermining the European dimension of the Banking Union;
Amendment 117 #
2020/2122(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Underlines the vital contribution to addressing the crisis of public guarantee schemes, moratoria on loan repayments for borrowers in financial difficulty, the central banks’ liquidity programmes and the ECB’s targeted longer-term refinancing operations (TLTRO) and pandemic emergency purchase programme (PEPP); therefore all the above mentioned measures should be kept in place as long as necessary and they shall be only gradually changed;
Amendment 132 #
2020/2122(INI)
Motion for a resolution
Paragraph 6
Paragraph 6
6. Notes the ‘quick fix’ to the Capital Requirements Regulation31 extending transitional arrangements in order to support banks’ lending capacity32 ; moreover, calls for a 2 years freeze of the calendar of minimum loss coverage requirements set in the “NPL backstop Regulation” and of supervisory expectation; this is key for taking into account that such Regulation could introduce a perverse incentive for banks towards starting judicial procedures for credit recovery and collateral enforcement as soon as possible, rather than granting forbearance measures and supporting business restructuring; in addition, it is worth noting that in many countries civil courts have been closed or their activity significantly reduced and collateral enforcement procedures have been postponed or delayed thus will increasing the length of recovery actions, with negative impacts on the internal workout and/or NPLs values on primary and secondary markets; _________________ 31Regulation (EU) No 575/2013 of the European Parliament and of the Council of 26 June 2013 on prudential requirements for credit institutions and investment firms and amending Regulation (EU) No 648/2012 (OJ L 176, 27.6.2013, p. 1). 32Regulation (EU) 2020/873 of the European Parliament and of the Council of 24 June 2020 amending Regulations (EU) No 575/2013 and (EU) 2019/876 as regards certain adjustments in response to the COVID-19 pandemic (OJ L 204, 26.6.2020, p. 4).
Amendment 181 #
2020/2122(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Notes the postponement of the implementation of the Basel III reforms and awaits the Commission’s upcoming proposal on the implementation of the finalised standards, taking into account the specificities of the EU banking sector and the necessity to introduce measures aimed at increasing banks' leading to the real economy;
Amendment 217 #
2020/2122(INI)
Motion for a resolution
Paragraph 17
Paragraph 17
17. Stresses that ensuring proper and timely management of deteriorated exposures will be key to preventing a build-up of non-performing loans (NPLs) in the short term; calls for the extension until December 2024 of article 500 CRR on massive disposals of NPLs, in order to avoid disproportionate effects on banks’ capital, affecting negatively banks’ lending to the real economy;
Amendment 226 #
2020/2122(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Stresses that banks should diligently assess the financial soundness and viability of businesses, proactively engage with distressed debtors to manage their exposures, and offer financing and restructuring options to viable companies; in order to give banks enough room to provide forbearance measures, and avoiding counterproductive capital absorptions embedded in the current regulatory framework, it would be important to increase from 1% to 5% the threshold for diminished credit obligation, set by paragraph 51 of EBA Guidelines on the definition of default (EBA/GL/2016/07);
Amendment 232 #
2020/2122(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Stresses that banks should diligently assess the financial soundness and viability of businesses, proactively engage with distressed debtors to manage their exposures, and offer financing and restructuring options to viable companies; the prudential framework should be consistently amended to allow and encourage such options;
Amendment 258 #
2020/2122(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Is concerned that as Member States sell increasing amountsConsiders that the creation of Next Generation EU will provide high-quality European assets and this will also be beneficial to rebalancing the share of sovereign bonds, their share in banks’' balance sheets grows, potentially aggravating the doom loop; considers that the creation of Next Generation EU will provide high-quality European assetwhich is otherwise growing due to increased amount of Member States issuances;
Amendment 306 #
2020/2122(INI)
Motion for a resolution
Paragraph 29
Paragraph 29
29. Welcomes the fact that while the SRB was not required to take resolution action in 2020, it nevertheless collaborated with the SSM regarding close-to-crisis cases; appreciates the advancement of the current resolution planning cycle, and reiterates that MRELproportionate MREL setting represents one of the key elements in enhancing banks’ resolvability, while ensuring broader financial stability;
Amendment 314 #
2020/2122(INI)
Motion for a resolution
Paragraph 30
Paragraph 30
30. Considers it necessary to have in place an EU liquidation regime, based upon an enhanced role of DGS preventive and alternative interventions, for banks for which the SRB assesses that there is no public interest in resolution;
Amendment 333 #
2020/2122(INI)
Motion for a resolution
Paragraph 33
Paragraph 33
33. Considers it necessary to review the public interest assessment in order to allow resolution tools to be applied to a broader group of banks; allow national DGSs to carry out preventive and alternative measures (i.e., financing the transfer of assets and liabilities from the LSI bank in crisis to a third party) to ensure an orderly liquidation of small and medium sized banks with negative public interest assessment;
Amendment 364 #
2020/2122(INI)
Motion for a resolution
Paragraph 36
Paragraph 36
36. Notes the Commission’s launch of the review of the CMDI framework, including the option of a hybrid EDIS, built around the idea of an initial liquidity support mechanism among national DGSs, aimed at funding any shortfall of DGS means regardless of whether the funds have been used in a pay-out intervention or in a preventive/alternative intervention, on the assumption that such a choice is driven by the Least Cost Test (LCT);
Amendment 373 #
2020/2122(INI)
Motion for a resolution
Paragraph 36 a (new)
Paragraph 36 a (new)
36 a. Considers it necessary to coherently amend the State Aid rules and the DG COMP 2013 Banking Communication in order to allow DGS preventive and alternative intervention in the crisis management context, taking duly into account the recent CJEU rulings;
Amendment 377 #
2020/2122(INI)
Motion for a resolution
Paragraph 36 b (new)
Paragraph 36 b (new)
36 b. Considers it necessary to increase transparency and ex-ante predictability on the expected public interest assessment outcomes in order to provide the clarity needed to ensure more coherent and proportionate MREL levels;
Amendment 258 #
2020/2076(INI)
8. Is of the opinion that the industrial recovery plan should help to create new ambitious and innovative European industrial projects which go hand in hand with the current revision of the guidelines for ‘Important Projects of Common European Interest’ (IPCEI), in order to encourage the emergence of European leaders in strategic industrial sectors that are capable of competing on a global scale; call on the Commission to continue the work on value chains by ensuring an adequate follow-up to the actions proposed for the six strategic value chains identified by the Strategic Forum on IPCEI;
Amendment 440 #
2020/2076(INI)
Motion for a resolution
Paragraph 15
Paragraph 15
15. Maintains that a truly effective European industrial policy needs a dashboardstable framework of climate targets as a roadmap to shape the industry of the future; considers that all sectors should contribute towards achieving the Union’s climate objectives and, in this regard, underlines the importance of gas as a means of energy transition and hydrogen as a potential breakthrough technology; calls also for greater attention to be paid to network security and energy supplytechnologies as important breakthrough technologies; underlines the resilient functioning of the internal energy market as a key component of the energy transition; calls oin the Council to increase spending from the EU budget on climate change efforts; calls on the Commission to ensure that industries with high carbon leakage do not benefit from EU subsidies, and for better use to be made of the EIB, as the Union’s ‘Climate Bank’, to enhance sustainable financing to the public and private sectors and to assist companies in the decarbonisation process, and tois context for greater attention to be paid to smart and digital electricity and gas network development which are fully compatible with the decarbonisation goals, in order to strengthen the internal energy market, support the energy transition and improve security of energy supply; calls on the Commission and Member States to make this a spending priority in the reconstruction and recovery phase; support the development of transnational energy grids as well as effective and swift decision-making procedures to support it; recalls that the use of the Border Carbon Adjustments mechanism as a way to protectinternational market mechanism can contribute to the cost-effective achievement of the climate objectives of the EU manufacturers and jobs from unfair international competitiond the Member States; and to make proposals for the rapid harmonisation of national energy trading rules;
Amendment 461 #
2020/2076(INI)
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Calls on the Commission to step up carbon leakage protection including for small and medium-sized industry without distorting competition and ensure that industrial production thrives in Europe, and for a better use to be made of the EIB, as the Union's 'Climate Bank', to enhance sustainable financing to the public and private sectors and to assist companies in the decarbonisation process, and to consider Border Carbon Adjustments mechanisms, as soon as possible, which are compatible with WTO rules and the Union's other free trade agreements as a way to ensure competitive environment for EU industries, including downstream manufacturers based on thorough impact assessments; underlines that an improved building stock has the greatest potential for achieving the EU's energy and climate goals and that policy, finance and innovation/digitalisation are the three key enablers for a sustainable built environment; believes that maximising the energy efficiency potential of buildings will require a smart combination of rigorous implementation of existing policies, new policy initiatives to phase-out the worst energy performing buildings, adequate financing mechanisms and investments in innovative solutions;
Amendment 474 #
2020/2076(INI)
Motion for a resolution
Paragraph 15 b (new)
Paragraph 15 b (new)
15b. Considers that traditional insurance instruments are not sufficient to cover the losses in business interruption caused by a pandemic, and that an ambitious EU-wide solution is needed to anticipate and manage the negative effects of a future pandemic or systemic crisis on people, businesses and the economy; calls on the Commission to work towards the creation of a framework involving institutional investors, Member States and the EU, to cover the losses due to business interruption in case of a future pandemic;
Amendment 554 #
2020/2076(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Considers it imperative to digitalise the Union’s industries, including traditional ones; calls on the Commission to invest, inter alia, in the data economy, artificial intelligence, cybersecurity, smart production, mobility, and resilient and secure very high-speed networks; invites the Commission, in this respect, to assess the effectiveness of co- financed National Tax Credit schemes that could complement or replace traditional ‘on demand’ grants/tender-based support, especially for SMEs; highlights the importance of the European Regional Development Fund (ERDF) and the Cohesion Fund (CF) in supporting job creation, business competitiveness, economic growth and sustainable development;
Amendment 571 #
2020/2076(INI)
Motion for a resolution
Paragraph 19
Paragraph 19
19. CWelcomes the position of the Commission on the use of industrial data; reiterates that data plays a key role in the transformation of European industries; stresses the importance of smart manufacturing growth, digitalisation and strategic autonomy of European industries; calls on the Commission to implement a single European digital and data market, to and ensures and promotes the exchange of data among companies and among public institutions,access and flow of data within the EU and across sectors, industries and among public institutions, promote investment in next generation standards, tools and infrastructures to store and process data and pool European data in key sectors, with EU-wide common and interoperable data spaces, calls on the Commission to give particular focus and consideration on projects aimed at data curation and labelling, data format standardisation, data security; to develop and process data on European soil, in particular data from public bodies, to build a better digital taxation systems in which profits are taxed where companies have significant interaction with users, in line with a potential deal under the OECD in order to mitigate the risk of a trade war, and to further develop European standards for example on cybersecurity, in particular for critical infrastructure; including by revising the NIS directive and by establishing the cybersecurity competence centre network and to ensure fair platform to business relations that enable European enterprises and especially for SMEs to use data generated on platforms effectively; encourages the Commission to use the full capacity of ENISA to support the conduction of national cybersecurity risk assessments; highlights the importance of the EU space policy, especially to improve European industrial space capacities and to unlock the potential of the synergies with other key sectors and policies, in particular to develop cutting-edge technologies and accompany the industrial transformation;
Amendment 40 #
2020/2043(INI)
Draft opinion
Paragraph 3
Paragraph 3
3. Emphasises that decentralised climate actions can lead to carbon leakage and a competitive disadvantage on international markets for the EU industry; urges the Commission, therefore, to implement the mechanism as a complementary tool to existing carbon measures to ensure full carbon-leakage protection and to consider the inclusion of export rebates in the mechanism;
Amendment 60 #
2020/2043(INI)
Draft opinion
Paragraph 4
Paragraph 4
4. Suggests a progressive mechanism that first includes sectors with the highest risk of carbon leakage before being enlarged over time; stresses that this shoulsuch mechanism should be applied to all third countries without a carbon trading scheme ideally linked to the EU ETS or equivalent carbon pricing mechanism and not lead to internal market distortions;
Amendment 79 #
2020/2036(INI)
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Calls on the Commission to follow the European Banking Authority (EBA)'s report presenting the outcome of the assessment on the European Secured Notes (ESNs) in order to design a legislative proposal on the ESNs. This new instrument should be structured as a new dual recourse-funding instrument for banks and should be used by the banks only subject to a real improvement of the conditions of access to financing for families and SMEs (excluding those working in the financial industry) across the EU;
Amendment 101 #
2020/2036(INI)
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Recalls that, through the current treatment of minority interest of subsidiaries, the CRR tend to discourage listing on the stock markets, reduces investment held by parent companies in their subsidiaries, thus generating a reduction of banks' ability to finance the real economy; calls on the Commission to amend the CRR in order to increase the amount of minority interests included in consolidated CET1;
Amendment 187 #
2020/2036(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Recalls that the Solvency 2 Directive requires a review by the end of 2020 and that the European Insurance and Occupational Pensions Authority (EIOPA) will provide technical advice to the Commission after consultations with different stakeholders; requests the Commission and EIOPA to consider adjusting the capital requirements for investments in equity and private debt, in particular of SMEs, also through the internal model approach;
Amendment 191 #
2020/2036(INI)
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. In implementing the "finalization of Basel III" Standards, calls on the Commission to pay due attention to risk weights applicable to banks' investments in equity, especially of long-term SMEs equity;
Amendment 244 #
2020/2036(INI)
Motion for a resolution
Paragraph 16
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 order to improve the methodologies relationed to the performance scenarios; and to ensure comparability among different investment products, 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;
Amendment 256 #
2020/2036(INI)
Motion for a resolution
Paragraph 17
Paragraph 17
17. Urges the Commission to make clear the differentiation between professional and retail investors on all levels of MIFID, making it possible to tailor the treatment of clients according to their knowledge and experience on the markets; requests that the Commission consider the introduction of a category of semi-professional investors to better respond to the reality of participation on the financial markets; however, the application of this new "category" of clients should be left to the discretion of the investment firms that should be free to include (or not) semi-professional clients in their own service model;
Amendment 264 #
2020/2036(INI)
Motion for a resolution
Paragraph 19
Paragraph 19
Amendment 84 #
2020/2028(INI)
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21a. Calls on the Commission to play an active role in monitoring and addressing the national regulations which might represent unjustified barriers to the common internal market and therefore be contrary to the CPR; stresses the importance to keep an effective dialogue between the Commission and the Member States in order to prevent any unjustified obstacle to the free movement of goods in the Single Market; emphasises the importance of giving adequate powers to the Commission to tackle these situations effectively and in a short time;
Amendment 12 #
2020/1998(BUD)
Draft opinion
Paragraph 5
Paragraph 5
5. Welcomes the proposed increase by 35% in commitment appropriations and by 24% in payment appropriations for ‘Communication services for citizens’; proposes a further increase in view of the scale of communication actions that will be needed in the framework of the Conference on the Future of Europe; invites the Commission to present the necessary proposals, in case further appropriations will be needed.
Amendment 137 #
2020/0374(COD)
Proposal for a regulation
Recital 13
Recital 13
(13) In particular, online intermediation services, online search engines, operating systems (which include digital voice assistants, connected TVs and in-car infotainment systems), online social networking, video sharing platform services, number- independent interpersonal communication services, cloud computing services, web browsers and online advertising services all have the capacity to affect a large number of end users and businesses alike, which entails a risk of unfair business practices. They therefore should be included in the definition of core platform services and fall into the scope of this Regulation. Online intermediation services may also be active in the field of financial services, and they may intermediate or be used to provide such services as listed non-exhaustively in Annex II to Directive (EU) 2015/1535 of the European Parliament and of the Council32 . In certain circumstances, the notion of end users should encompass users that are traditionally considered business users, but in a given situation do not use the core platform services to provide goods or services to other end users, such as for example businesses relying on cloud computing services for their own purposes. _________________ 32Directive (EU) 2015/1535 of the European Parliament and of the Council of 9 September 2015 laying down a procedure for the provision of information in the field of technical regulations and of rules on Information Society services, OJ L 241, 17.9.2015, p. 1.
Amendment 203 #
2020/0374(COD)
Proposal for a regulation
Recital 42
Recital 42
(42) The conditions under which gatekeepers provide online advertising services to business users including both advertisers and publishers are often non- transparent and opaque. This opacity is partly linked to the practices of a few platforms, but is also due to the sheer complexity of modern day programmatic advertising. The sector is considered to have become more non-transparent after the introduction of new privacy legislation, and is expected to become even more opaque with the announced removal of third-party cookiesunilateral decision- making by industry actors that are not representative of the entire advertising value chain. This often leads to a lack of information and knowledge for advertisers and publishers about the conditions of the advertising services they purchased and undermines their ability to switch to alternative providers of online advertising services. Furthermore, the costs of online advertising are likely to be higher than they would be in a fairer, more transparent and contestable platform environment. These higher costs are likely to be reflected in the prices that end users pay for many daily products and services relying on the use of online advertising. Transparency obligations should therefore require gatekeepers to provide advertisers and publishers to whom they supply online advertising services, when requested and to the extent possiblith free of charge, effective, high-quality, continuous and real-time, with information that allows both sides to understand the price paid for each of the different advertising services provided as part of the relevant advertising value chain and the availability and visibility of advertisement.
Amendment 331 #
2020/0374(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 10
Article 2 – paragraph 1 – point 10
(10) ‘"Operating system’" means a system software which controls the basic functions of theany hardware that is capable of being connected to the internet or software and enables software applications to run on it; , including for static and mobile devices, televisions, wearable or in-car infotainment systems;
Amendment 342 #
2020/0374(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 18
Article 2 – paragraph 1 – point 18
(18) ‘Ranking’ means the relative prominence given to goods or services offered or provided through online intermediation services, operating systems, video-sharing platform services, web browsers or online social networking services, or the relevance given to search results by online search engines, as presented, organised or communicated by the providers of online intermediation services, operating systems, video-sharing platform services, web browsers or of online social networking services or by providers of online search engines, respectively, whatever the technological means used for such presentation, organisation or communication;
Amendment 386 #
2020/0374(COD)
Proposal for a regulation
Article 3 – paragraph 4 – introductory part
Article 3 – paragraph 4 – introductory part
4. The Commission shall, without undue delay and at the latest 60 days after receiving the complete information referred to in paragraph 3, designate the provider of core platform services that meets all the thresholds of paragraph 1 and 2 as a gatekeeper, unless that provider, with its notification, presents sufficiently substantiated arguments to demonstrate that, in the circumstances in which the relevant core platform service operates, and taking into account the elements listed in paragraph 6, the provider does not satisfy the requirements of paragraph 1.
Amendment 390 #
2020/0374(COD)
Proposal for a regulation
Article 3 – paragraph 4 – subparagraph 1
Article 3 – paragraph 4 – subparagraph 1
Amendment 425 #
2020/0374(COD)
Proposal for a regulation
Article 3 – paragraph 8 a (new)
Article 3 – paragraph 8 a (new)
8 a. The gatekeeper should be prevented from entering markets of ancillary core platform services to the ones in which it has been designated gatekeeper.
Amendment 439 #
2020/0374(COD)
Proposal for a regulation
Article 5 – paragraph 1 – point a
Article 5 – paragraph 1 – point a
(a) refrain from combining personal data sourced from these core platform services with personal data from any other services offered by the gatekeeper or with personal data from third-party services, and from signing in end users to other services of the gatekeeper in order to combine personal data, unless the end user has been presented with the specific choice and provided consent in the sense of Regulation (EU) 2016/679. ;
Amendment 461 #
2020/0374(COD)
Proposal for a regulation
Article 5 – paragraph 1 – point e
Article 5 – paragraph 1 – point e
(e) refrain from requiring business users to use, offer or interoperate with an identificationy ancillary service of the gatekeeper in the context of services offered by the business users using the core platform services of that gatekeeper;
Amendment 471 #
2020/0374(COD)
Proposal for a regulation
Article 5 – paragraph 1 – point g
Article 5 – paragraph 1 – point g
(g) provide individual advertisers and publishers to which it supplies advertising services, upon their request, with information concerningwith free of charge, high-quality, effective, continuous and real time access to information on the visibility and availability of advertisement portfolio as well as pricing conditions concerning the bids placed by advertisers and advertising intermediaries, the price paid by the advertiser and publisher, as well as the amount orand remuneration paid to the publisher, and the methodology for the calculation of advertising intermediation fees and surcharges for the publishing of a given ad and for each of the relevant advertising services provided by the gatekeeper.
Amendment 476 #
2020/0374(COD)
Proposal for a regulation
Article 5 – paragraph 1 – point g a (new)
Article 5 – paragraph 1 – point g a (new)
(g a) in addition to the obligations pursuant to Regulation(EU) 2019/1150, ensure that the full chronology of the contracts concluded between the gatekeeper and a business user as well as any corresponding terms and conditions are easily available to that business user at all stages of the commercial relationship, including for at least five years following the end of the relationship.
Amendment 520 #
2020/0374(COD)
Proposal for a regulation
Article 6 – paragraph 1 – point d a (new)
Article 6 – paragraph 1 – point d a (new)
(d a) refrain from treating more favourably in search results any sponsored or paid for online intermediation services as compared to organic, purely relevance-based online intermediation services;
Amendment 541 #
2020/0374(COD)
Proposal for a regulation
Article 6 – paragraph 1 – point g
Article 6 – paragraph 1 – point g
(g) provide advertisers and publishers, upon and independent their request andd parties mandated by advertisers and publishers, free of charge, with access to the performance measuring tools of the gatekeeper and the informationreliable and granular data necessary for advertisers and, publishers and mandated independent third parties to carry out their own independent verification of the ad inventory;
Amendment 544 #
2020/0374(COD)
Proposal for a regulation
Article 6 – paragraph 1 – point g a (new)
Article 6 – paragraph 1 – point g a (new)
(g a) establish and enable on a lasting basis, interoperability of each of the technical components used by the gatekeeper for the provision of advertising services with each of the technical components used by third party advertising service providers;the gatekeeper must ensure that the use of its technical components by a business user in combination with technical components of a third party advertising service provider is possible under the same conditions as applied by the gate- keeper in the provision of advertising services.This obligation includes but is not limited to: (i) the seamless interconnection of ad servers, sell-side platforms, demand-side platforms, data management platforms and other technical components used in digital advertising by the gatekeeper and/or third advertising service providers through open, fully-functional and latency-free interfaces; (ii) the duty to make licitly available targeting information including data processed under Regulation (EU) 2016/679;to this end, the gatekeeper shall procure that the end user has been presented with the specific information and/or choice and provided consent, if necessary, to the processing of data under the same terms applied and with the same effort made by the gatekeeper for its own purposes in digital advertising; (iii) the duty to make available to a business user which is not a gatekeeper pursuant to Article 3 for resale inventory for targeted advertising generated through the operation of a core platform service or a related service of the gatekeeper at fair and competitive wholesale prices, terms and conditions.
Amendment 732 #
2020/0360(COD)
Proposal for a regulation
Article 18 – paragraph 2 – point b
Article 18 – paragraph 2 – point b
(b) the project has received a cross- border cost allocation decision pursuant to Article 16 or, as regards projects of common interest falling under the category set out in point (3) of Annex II, where they do not fall under the competency of national regulatory authorities, and therefore they do not receive a cross-border cost allocation decision, the project aims at providing services across borders, bring technological innovation and ensure the safety of cross-border grid operation. In cases where Member States of hosting countries have reached an agreement for project cost allocation, the criterion under letter b) does not apply to projects of common interest falling under the categories set out in points (1)(a) of Annex II;
Amendment 741 #
2020/0360(COD)
Proposal for a regulation
Article 18 – paragraph 5
Article 18 – paragraph 5
5. Projects of mutual interest shall be assimilated with projects of common interest and be eligible for Union financial assistance. Only the investments located on the territory of the Union which are part of tThe projects of mutual interest, shall be eligible for Union financial assistance in the form of grants for works where they fulfil the criteria set out in paragraph 2, and where the cross-border cost allocation decision referred to in paragraph 2(b) allocates costs across borders for at least two Member States in a significant proportion in eachone or more Member States.
Amendment 842 #
2020/0360(COD)
Proposal for a regulation
Annex II – paragraph 1 – point 2 – point a
Annex II – paragraph 1 – point 2 – point a
(a) any of the following equipment or installation aiming at enabling and facilitating the integration of renewable and low-carbon gases (including biomethane or hydrogen), synthetic methane or hydrogen) and their blend with methane into the network: digital systems and components integrating ICT, control systems and sensor technologies to enable the interactive and intelligent monitoring and integration, metering, quality control and management of gas production, transmission, distribution, storage and consumption within a gas network. Furthermore, such projects may also include: i() equipment to enable reverse flows from the distribution to the transmission level and related necessary upgrades to the existing network; (ii) connections from renewable and low- carbon gases production facilities into transmission or distribution grids; (iii) newly built, repurposed or retrofitted natural gas pipelines or equipment insofar as they are ready to transport renewable gases, including hydrogen (in pure form or blends), and only insofar as they are functional to the development of the EU hydrogen priority corridors, including upstream import pipelines.
Amendment 861 #
2020/0360(COD)
Proposal for a regulation
Annex II – paragraph 1 – point 3 – point a
Annex II – paragraph 1 – point 3 – point a
(a) transmission pipelines for theable to transport of hydrogen up to 100%, giving access to multiple network users on a transparent and non-discriminatory basis, which mainly contains high-pressure hydrogen pipelines, excluding pipelines for the local distribution of hydrogen;
Amendment 864 #
2020/0360(COD)
Proposal for a regulation
Annex II – paragraph 1 – point 3 – point a a (new)
Annex II – paragraph 1 – point 3 – point a a (new)
(a a) newly built, repurposed or retrofitted pipelines or equipment insofar as they are ready to transport hydrogen (in pure form or blends), and only insofar as they are functional to the development of the EU hydrogen priority corridors, including upstream import pipelines;
Amendment 883 #
2020/0360(COD)
Proposal for a regulation
Annex II – paragraph 1 – point 3 – point d – paragraph 1
Annex II – paragraph 1 – point 3 – point d – paragraph 1
Any of the assets listed in points (a), (b), (c), and (d) may be newly constructed assets or assets converted from natural gas dedicated to hydrogenable to transport hydrogen up to 100%, or a combination of the two.
Amendment 122 #
2020/0340(COD)
Proposal for a regulation
Recital 3
Recital 3
(3) It is necessary to improve the conditions for data sharing in the internal market, by creating a harmonised framework for data exchanges and by improving trust among industrial stakeholders, namely digital service providers and business users. It is important to ensure data access neutrality and greater interoperability between different data intermediary, avoiding lock- in effects. Sector- specific legislation can develop, adapt and propose new and complementary elements, depending on the specificities of the sector, such as the envisaged legislation on the European health data space25 and on access to vehicle data. Moreover, certain sectors of the economy are already regulated by sector- specific Union law that include rules relating to cross-border or Union wide sharing or access to data26 . This Regulation is therefore without prejudice to Regulation (EU) 2016/679 of the European Parliament and of the Council (27 ), and in particular the implementation of this Regulation shall not prevent cross border transfers of data in accordance with Chapter V of Regulation (EU) 2016/679 from taking place, Directive (EU) 2016/680 of the European Parliament and of the Council (28 ), Directive (EU) 2016/943 of the European Parliament and of the Council (29 ), Regulation (EU) 2018/1807 of the European Parliament and of the Council (30 ), Regulation (EC) No 223/2009 of the European Parliament and of the Council (31 ), Directive 2000/31/EC of the European Parliament and of the Council (32 ), Directive 2001/29/EC of the European Parliament and of the Council (33 ), Directive (EU) 2019/790 of the European Parliament and of the Council (34 ), Directive 2004/48/EC of the European Parliament and of the Council (35 ), Directive (EU) 2019/1024 of the European Parliament and of the Council (36 ), as well as Regulation 2018/858/EU of the European Parliament and of the Council (37 ), Directive 2010/40/EU of the European Parliament and of the Council (38 ) and Delegated Regulations adopted on its basis, and any other sector-specific Union legislation that organises the access to and re-use of data. This Regulation should be without prejudice to the access and use of data for the purpose of international cooperation in the context of prevention, investigation, detection or prosecution of criminal offences or the execution of criminal penalties. A horizontal regime for the re-use of certain categories of protected data held by public sector bodies, the provision of data sharing services and of services based on data altruism in the Union should be established. Specific characteristics of different sectors may require the design of sectoral data-based systems, while building on the requirements of this Regulation. Where a sector-specific Union legal act requires public sector bodies, providers of data sharing services or registered entities providing data altruism services to comply with specific additional technical, administrative or organisational requirements, including through an authorisation or certification regime, those provisions of that sector-specific Union legal act should also apply. _________________ 25 See: Annexes to the Communication from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions on Commission Work Programme 2021 (COM(2020) 690 final). 26For example, Directive 2011/24/EU in the context of the European Health Data Space, and relevant transport legislation such as Directive 2010/40/EU, Regulation 2019/1239 and Regulation (EU) 2020/1056, in the context of the European Mobility Data Space. 27Regulation (EU) 2016/679 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data, and repealing Directive 95/46/EC (General Data Protection Regulation), (OJ L 119, 4.5.2016, p.1) 28Directive (EU) 2016/680 of the European Parliament and of the Council of 27 April 2016 on the protection of natural persons with regard to the processing of personal data by competent authorities for the purposes of the prevention, investigation, detection or prosecution of criminal offences or the execution of criminal penalties, and on the free movement of such data, and repealing Council Framework Decision 2008/977/JHA. (OJ L 119, 4.5.2016, p.89) 29Directive (EU) 2016/943 of the European Parliament and of the Council of 8 June 2016 on the protection of undisclosed know-how and business information (trade secrets) against their unlawful acquisition, use and disclosure. (OJ L 157, 15.6.2016, p.1) 30 Regulation (EU) 2018/1807 of the European Parliament and of the Council of 14 November 2018 on a framework for the free flow of non-personal data in the European Union. (OJ L 303, 28.11.2018, p. 59) 31Regulation (EC) No 223/2009 of the European Parliament and of the Council of 11 March 2009 on European statistics and repealing Regulation (EC, Euratom) No 1101/2008 of the European Parliament and of the Council on the transmission of data subject to statistical confidentiality to the Statistical Office of the European Communities, Council Regulation (EC) No 322/97 on Community Statistics, and Council Decision 89/382/EEC, Euratom establishing a Committee on the Statistical Programmes of the European Communities. (OJ L 87, 31.03.2009, p. 164) 32Directive 2000/31/EC of the European Parliament and of the Council of 8 June 2000, on certain legal aspects of information society services, in particular electronic commerce, in the Internal Market (Directive on electronic commerce). (OJ L 178, 17.07.2000, p. 1) 33Directive 2001/29/EC of the European Parliament and of the Council of 22 May 2001 on the harmonisation of certain aspects of copyright and related rights in the information society. (OJ L 167, 22.6.2001, p. 10) 34 Directive (EU) 2019/790 of the European Parliament and of the Council of 17 April 2019 on copyright and related rights in the Digital Single Market and amending Directives 96/9/EC and 2001/29/EC. (OJ L 130, 17.5.2019, p. 92) 35Directive 2004/48/EC of the European Parliament and of the Council of 29 April 2004 on the enforcement of intellectual property rights. (OJ L 157, 30.4.2004). 36Directive (EU) 2019/1024 of the European Parliament and of the Council of 20 June 2019 on open data and the re-use of public sector information. (OJ L 172, 26.6.2019, p. 56). 37 Regulation (EU) 2018/858 of the European Parliament and of the Council of 30 May 2018 on the approval and market surveillance of motor vehicles and their trailers, and of systems, components and separate technical units intended for such vehicles, amending Regulations (EC) No 715/2007 and (EC) No 595/2009 and repealing Directive 2007/46/EC (OJ L 151, 14.6.2018). 38 Directive 2010/40/EU of the European Parliament and of the Council of 7 July 2010 on the framework for the deployment of Intelligent Transport Systems in the field of road transport and for interfaces with other modes of transport. (OJ L 207, 6.8.2010, p. 1)
Amendment 127 #
2020/0340(COD)
Proposal for a regulation
Recital 4
Recital 4
(4) Action at Union level is necessary in order to address the barriers to a well- functioning data-driven economy and to create a Union-wide governance framework for data access and use, in particular regarding the re-use of certain types of data held by the public sector, the provision of services by data sharing providers to business users and to data subjects, as well as the collection and processing of data made available for altruistic purposes by natural and legal persons. It is necessary to establish favourable conditions for the constitutions of new independent companies (data providers) able to make data assets accessible to everyone in a neutral way.
Amendment 522 #
2020/0340(COD)
Proposal for a regulation
Article 11 – paragraph 1 – point 8
Article 11 – paragraph 1 – point 8
(8) the providerdata intermediary shall take measures to ensure a high level of security for the storage, process and transmission of non-personal data;
Amendment 530 #
2020/0340(COD)
Proposal for a regulation
Article 11 a (new)
Article 11 a (new)
Article 11 a Data intermediary should ensure quality and security of the services they offer. This control of quality should also be periodically monitored and reviewed. Recommendations or guidance by the Commission, in cooperation with data users in the market, could improve the services of the providers.
Amendment 531 #
2020/0340(COD)
Proposal for a regulation
Article 11 b (new)
Article 11 b (new)
Article 11 b It should ensure data portability by adhering to the « Switching Cloud Providers and Porting Data » Association, facilitated by the European Commission in application of Art. 6 of the EU Free Flow of Non-Personal Data Regulation ((EU) 2018/1807) and aimed at developing voluntary Codes of Conduct to offer services with data portability
Amendment 734 #
2020/0340(COD)
Proposal for a regulation
Article 32 – paragraph 1
Article 32 – paragraph 1
By [fourtwo years after the datae of application of this Regulation], the Commission shall carry out an evaluation of this Regulation, and submit a report on its main findings to the European Parliament and to the Council as well as to the European Economic and Social Committee. Member State and all other relevant stakeholders. Member States, data intermediaries, industrial associations and all the other relevant stakeholders shall provide the Commission with the information necessary for the preparation of that report.
Amendment 65 #
2020/0321(COD)
Proposal for a regulation
Recital 1 a (new)
Recital 1 a (new)
(1 a) According to Article 4(2) of the TFEU, common safety concerns in public health matters is amongst the shared competences of the EU;
Amendment 66 #
2020/0321(COD)
Proposal for a regulation
Recital 2
Recital 2
(2) The unprecedented experience of the COVID-19 pandemic has demonstrated that the Union should be more effective in managing the availability of medicinal products and medical devices and in developing medical countermeasures to address the threats posed to public health in a harmonised way between authorities, industry and other stakeholders of the pharmaceuticals supply chain. Europe needs to give a higher priority to health not with standing the competences of the Member States in the area of healthcare, to have health systems ready to provide state of the art care, and to be prepared to cope with epidemics and other unforeseeable health threats in line with the International Health Regulations. The Union’s ability to do so has been severely impeded by the absence of a clearly defined legal framework for managing its response to the pandemic, and also by the limited degree of Union preparedness in case of a public health emergency impacting a majority of Member States.
Amendment 70 #
2020/0321(COD)
Proposal for a regulation
Recital 3
Recital 3
(3) The often complex supply chains of medicinal products and medical devices, national export restrictions and bans, border closures impedCOVID-19 pandemic has exacerbated the already existing difficulty of shortages for certain medicinal products considered as critical in addressing the pandemic, and has highlighted the structural limitations ing the free movement of those goods, and uncertainty related to their supply and demand in the context of the COVID-19 pandemic have led to significantUnion’s ability to rapidly and effectively react to such challenges during public health crises, also due to the lack of implediments to the smooth funcationing of the single market and to addressing the serious threats to public health across the Unionsustainable economic, regulatory and industrial policy reforms needed.
Amendment 76 #
2020/0321(COD)
Proposal for a regulation
Recital 6
Recital 6
(6) The rapid evolution of COVID-19 and the spread of the virus led to a sharp increase in demand for personal protective equipments and medical devices such as ventilators, surgical masks, and COVID-19 test kits while disruption of production or limited capacity to rapidly increase production and the complexity and global nature of the supply chain for medical devices, led to a negative impact on supply. Those issues resulted in new entities being involved in the production of those products, which subsequently resulted in bottlenecks in conformity assessment, as well as the prevalence of non-compliant, unsafe, and in some cases counterfeit products. It is therefore appropriate to establish long-term structures within an appropriate Union body to ensure monitoring of shortages of medical devices resulting from a public health emergency.
Amendment 82 #
2020/0321(COD)
Proposal for a regulation
Recital 9
Recital 9
(9) During the COVID-19 pandemic ad hoc solutions, including contingent arrangements between the Commission, the European Medicines Agency (‘the Agency’), marketing authorisation holders, manufacturers, other stakeholders of the pharmaceutical supply chain and Member States, had to be found to achieve the objective of making available safe and efficacious medicinal products to treat COVID-19 or prevent its spread, and to facilitate and speed up the development and marketing authorisation of treatments and vaccines.
Amendment 88 #
2020/0321(COD)
Proposal for a regulation
Recital 13
Recital 13
(13) A harmonised system, based on common data fields, of monitoring of shortages of medicinal products, personal protective equipments and medical devices should be established, which will facilitate appropriate access to for relevant national and EU authorities on markets situations for critical medicinal products and medical devices during public health emergencies and major events, which may have a serious impact on public health. That system should be complemented with improved telematic structures to ensure appropriate management of public health crises and coordinate and provide advice on the research and development of medicinal products which may have the potential to address public health emergencies. In order to facilitate the monitoring and reporting on potential or actual shortages of medicinal products and medical devices, as well as to avoid duplications of the information submitted, the Agency should be able to ask and obtain additional information and data, not already in the system, from the concerned marketing authorisation holders, manufacturers and Member States who all have the obligation to provide complete information and data through designated points of contact.
Amendment 91 #
2020/0321(COD)
Proposal for a regulation
Recital 15
Recital 15
(15) With respect to medicinal products, an executive steering group should be established within the Agency to ensure a robust response to major events and to coordinate urgent actions within the Union in relation to the management of issues relating to the supply of medicinal products. The Steering Group shouldall establish lists of critical medicinal products, in close cooperation with industry, to ensure monitoring of those products and it should be able to provide advice on the necessary action to take to safeguard the quality, safety, and efficacy of medicinal products and ensure a high level of human health protection during public health emergencies and major events.
Amendment 118 #
2020/0321(COD)
Proposal for a regulation
Recital 27
Recital 27
(27) During a public health emergency or in relation to a major event, the Agency should ensure cooperation with the European Centre for Disease Prevention – which should provide forecasts in a timely manner to relevant actor of the pharmaceutical supply chain - and Control and other Union Agencies as appropriate. Such cooperation should include data sharing, including data on epidemiological forecasting, regular communication at an executive level, and invitations to representatives of the European Centre for Disease Prevention and Control and other Union Agencies to attend meetings of the Emergency Task Force, the Medicines Steering Group, and the Medical Devices Steering Group, as appropriate. Regular two-way communication and exchange of information between regulators, industry and pertinent stakeholders of the pharmaceutical supply chain shall also be guaranteed to kick off prompt debates about estimated potential drug shortages in the market by way of sharing expected supply constraints which authorities become aware of via the notification process, allowing better coordination, interactions and proper response when required;
Amendment 119 #
2020/0321(COD)
Proposal for a regulation
Recital 28
Recital 28
(28) SAs stressed out as well by EU4Health Programme recently adopted by the EU, since the objectives of this Regulation cannot be sufficiently achieved by the Member States alone due to the cross-border dimension of public health emergencies and major events and can, therefore, be better achieved at Union level, the Union may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty on European Union. In accordance with the principle of proportionality, as set out in that Article, this Regulation does not go beyond what is necessary in order to achieve those objectives.
Amendment 123 #
2020/0321(COD)
Proposal for a regulation
Recital 31 a (new)
Recital 31 a (new)
(31 a) Recalls the applicability of the GDPR and EUDPR and the respect of the principles relating to the processing of personal data (as per Article 5 GDPR and 4EUDPR);
Amendment 132 #
2020/0321(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point a
Article 2 – paragraph 1 – point a
(a) ‘public health emergency’ means a public health emergency at Union level recognised by the European Commission in accordance with Article 23(1) of Regulation (EU) 2020/[…]17 ;arising from a threat of human, animal, plant, food or environmental origin having a health dimension which requires urgent action by Authorities. _________________ 17[insert reference to the Regulation of the European Parliament and of the Council on serious cross-border threats to health and repealing Decision No 1082/2013/EU] OJ C […], […], p. […].
Amendment 138 #
2020/0321(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point d
Article 2 – paragraph 1 – point d
(d) ‘shortage’ means that supply of a medicinal product for human use or a medical device does not meet demand for that medicinal productpatient and healthcare actor’s needs at national level for a period orf medical device;ore than two weeks.
Amendment 141 #
2020/0321(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point f
Article 2 – paragraph 1 – point f
(f) ‘major event’ means an event which is likely to pose a serious risk to public health in relation to medicinal products in more than one Member State. Such an event concerns a deadly threat or otherwise serious threat to health of biological, chemical, environmental or other origin or incident that can affect the demand and/or supply, or quality, safety, and efficacy of medicinal products. Such an event may lead to shortages of critical medicinal products in more than one Member State and necessitates urgent coordination at Union level in order to ensure a high level of human health protection.
Amendment 153 #
2020/0321(COD)
Proposal for a regulation
Article 3 – paragraph 3
Article 3 – paragraph 3
3. The Medicines Steering Group shall be chaired by the Agency. The Chair may invite third parties, including representatives of medicinal product interest groups and marketing authorisation holders, via the industry single point of contact (iSPOC), and other stakeholders in the medicines supply chain as well as interest groups representing patients and healthcare professionals, to attend its meetings.
Amendment 163 #
2020/0321(COD)
Proposal for a regulation
Article 4 – paragraph 2
Article 4 – paragraph 2
2. To facilitate the monitoring task referred to in paragraph 1, the national competent authorities, through the single points of contact referred to in Article 3(5), shall, based on the reporting criteria specified by the Agency pursuant to Article 9(1)(b) pro-actively and with the shortest delay, report to the Agency on any event, including a shortage of a medicinal product in a given Member State, that is likely to lead to a major event or a public health emergency. Where a national competent authority informs the Agency of a shortage of a medicinal product in a given Member State, it shall provide the Agency with any information received from the marketing authorisation holder pursuant to Article 23a of Directive 2001/83/EC. Based on a report of an event from a national competent authority and in order to understand the impact of the event in other Member States, the Agency may request information from the national competent authorities, through the working party referred to in Article 3(5).
Amendment 184 #
2020/0321(COD)
Proposal for a regulation
Article 8 – paragraph 1
Article 8 – paragraph 1
1. For the duration of a public health emergency or following a request for assistance referred to in Article 4(3) and until its closure, the Medicines Steering Group shall regularly report the results of its monitoring to the Commission, the pharmaceutical industry, relevant other stake-holders of the pharmaceutical supply chain and the sub-network referred to in Article 9(2), and, in particular, signal any potential or actual shortages of medicinal products included on the critical medicines lists.
Amendment 197 #
2020/0321(COD)
Proposal for a regulation
Article 9 – paragraph 1 – point c
Article 9 – paragraph 1 – point c
(c) develop streamlined electronic monitoring and reporting systems; by implementing and building on existing regulatory infrastructure (EU telematics1a). This system will shall be interoperable with the national shortages reporting to prevent any duplication of the reporting process; the system should establish a two-way digital communication between the Agency and the National Competent Authorities, as well as a two way communication between the Agency and marketing authorisation holders. In case of public health emergency, aggregated information should be collected by the EMA from national competent authority shortages reporting systems in a harmonised and consolidated way, based on national harmonised data fields across Member States. The Agency can request additional information directly from the Marketing Authorisation Holders via the industry single point of contact (iSPOC), if this information has not been provided yet to the Member States; _________________ 1ahttps://www.ema.europa.eu/en/human- regulatory/overview/data-medicines-iso- idmp-standards- overview#:~:text=The%20ISO%20IDMP %20standards%20specify,a%20robust%2 0and%20consistent%20manner.
Amendment 205 #
2020/0321(COD)
Proposal for a regulation
Article 9 – paragraph 1 – point e
Article 9 – paragraph 1 – point e
(e) establish and maintain a list ofupdate the Article 57(1)(l) of Regulation 726/2004 database by including the industry single points of contact from marketing authorisation holders for all medicinal products for human use authorised in the Union, through the database provided for in Article 57(1)(l) of Regulation 726/2004; (iSPOC); this database should be digital, regularly updated, and compliant with the International Organization for Standardization (ISO) for the identification of medicinal products (IDMP)1a; _________________ 1ahttps://www.ema.europa.eu/en/human- regulatory/overview/data-medicines-iso- idmp-standards- overview#:~:text=The%20ISO%20IDMP %20standards%20specify,a%20robust%2 0and%20consistent%20manner.
Amendment 237 #
2020/0321(COD)
Proposal for a regulation
Article 13 – paragraph 1
Article 13 – paragraph 1
The Agency shall, via its web-portal and other appropriate means, in conjunction with national competent authorities, inform the public and interest groups with regard to the work, advices and findings of the Medicines Steering Group.
Amendment 246 #
2020/0321(COD)
Proposal for a regulation
Article 14 – paragraph 2 – point e
Article 14 – paragraph 2 – point e
(e) providing scientific recommendations with regard to the use of any human and veterinary medicinal product, which may have the potential to address public health emergencies, in accordance with Article 16;.
Amendment 255 #
2020/0321(COD)
Proposal for a regulation
Article 14 – paragraph 9
Article 14 – paragraph 9
9. The Agency shall rapidly publish all information about the medicinal products that the Emergency Task Force considers may have the potential to address public health emergencies and any updates on its web-portal.
Amendment 261 #
2020/0321(COD)
Proposal for a regulation
Article 15 – paragraph 6
Article 15 – paragraph 6
6. Where a developer is the recipient of scientific advice, the developer shall subsequently submit the data resulting from clinical trials to the Agency following a request made pursuant to Article 16 and awaiting the launch of the Clinical Trials Information System (CTIS) in accordance with Art. 80 and 81 of Regulation (EU) No 536/2014.
Amendment 265 #
2020/0321(COD)
Proposal for a regulation
Article 16 – paragraph 1
Article 16 – paragraph 1
1. Following the recognition of a public health emergency, the Emergency Task Force shall undertake a review of the available scientific data on human and veterinary medicinal products, which may have the potential to be used to address the public health emergency. The review shall be regularly updated and published during the public health emergency.
Amendment 320 #
2020/0321(COD)
Proposal for a regulation
Article 30 – paragraph 1 – point a
Article 30 – paragraph 1 – point a
(a) personal data in accordance with Article 32the definition contained in the Article 4 of GDPR and Article 3(1) EUDPR;
Amendment 81 #
2020/0155(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 7 – point a
Article 1 – paragraph 1 – point 7 – point a
Regulation (EU) 2017/1129
Article 23 – paragraph 2 – subparagraph 1
Article 23 – paragraph 2 – subparagraph 1
2. Where the prospectus relates to an offer of securities to the public, investors who have already agreed to purchase or subscribe for the securities before the supplement is published shall have the right, exercisable within three working days after the publication of the supplement, to withdraw their acceptances, provided that the significant new factor, material mistake or material inaccuracy referred to in paragraph 1 arose or was noted before the closing of the offer period or the delivery of the securities, whichever occurs first. The right to withdraw is exercisable within three working days after the publication of the supplement. That period may be extended by the issuer or the offeror. The final date of the right of withdrawal shall be stated in the supplement.;
Amendment 87 #
2020/0155(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 7 – point b
Article 1 – paragraph 1 – point 7 – point b
Regulation (EU) 2017/1129
Article 23 – paragraph 3 – subparagraph 2
Article 23 – paragraph 3 – subparagraph 2
Where the investors referred to in the first subparagraph of this paragraph have the right of withdrawal referred to in paragraph 2, the financial intermediary shall contact those investors within one workingthe business day after the publicatione ofn which the supplement has been published.;
Amendment 113 #
2020/0155(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 10 a (new)
Article 1 – paragraph 1 – point 10 a (new)
Regulation (EU) 2017/1129
Recital 66
Recital 66
(10 a) Recital 66 is amended as follows: "(66) In order to improve legal certainty, the respective time limits within which an issuer is to publish a supplement to the prospectus and within which investors have a right to withdraw their acceptance of the offer following the publication of a supplement should be clarified. On the one hand, the obligation to supplement a prospectus should apply when the significant new factor, material mistake or material inaccuracy occurs before the closing of the offer period or the time when trading of such securities on a regulated market begins, whichever occurs later. On the other hand, the right to withdraw an acceptance should apply only where the prospectus relates to an offer of securities to the public and the significant new factor, material mistake or material inaccuracy arose or was noted before the closing of the offer period and the delivery of the securities. Hence, the right of withdrawal should be linked to the timing of the significant new factor, material mistake or material inaccuracy that gives rise to a supplement, and should apply provided that such triggering event has occurred while the offer is open and before the securities are delivered. The right of withdrawal granted to investors owing to a significant new factor, material mistake or material inaccuracy that arose or was noted during the validity period of a prospectus is not affected by the fact that the corresponding supplement is published after the validity period of that prospectus. In the particular case of an offer that continues under two successive base prospectuses, the fact that the issuer is in the process of having a succeeding base prospectus approved does not remove the obligation to supplement the previous base prospectus until the end of its validity and grant the associated rights of withdrawal. To improve legal certainty, the supplement to the prospectus should specify when the right of withdrawal ends. Financial intermediaries should inform investors of their rights and facilitate proceedings when investors exert their right to withdraw acceptances. Financial intermediaries should inform their clients at least once of the possibility of a supplement being published, and when and where it would be published. Upon subscriptions of the securities within the initial subscription period financial intermediaries should inform their clients about their right to withdraw acceptances and facilitate proceeding when investors exert their right to withdraw acceptances. In the event of a supplement is published, financial intermediaries should contact their clients through electronic means. If an investor does not provide a mean of electronic communication to the intermediaries, the investor waives the right to be contacted through intermediaries. In this case, the information regarding the supplement should be found on the issue's website." Or. en (32017R1129)
Amendment 29 #
2020/0066(COD)
Proposal for a regulation
Recital 10
Recital 10
(10) The application of IFRS 9 during the economic downturn caused by the COVID-19 pandemic may lead to a sudden significant increase in (i) expected credit loss provisions, as for many exposures expected losses over their lifetime may need to be calculated, for assets at amortized cost; and (ii) net unrealised looses on assets measured at fair value through other comprehensive income (OCI). The BCBS agreed on 3 April 2020 to allow more flexibility in the implementation of the transitional arrangements that phase in the impact of IFRS 9. In order to limit the possible volatility of regulatory capital that may occur if the COVID-19 crisis results in a significant increase in expected credit loss provisions, it is necessary to extend the transitional arrangements also in Union law.
Amendment 32 #
2020/0066(COD)
Proposal for a regulation
Recital 11
Recital 11
(11) To mitigate the potential impact that a sudden increase in expected credit loss provisions and net unrealised losses on assets measured at fair value through OCI may have on institutions’ capacity to lend to clients at times when it is most needed, the transitional arrangements should be extended by two years and institutions should be allowed to fully add- back to their Common Equity Tier 1 capital any increase in new expected credit loss provisions and net unrealised losses on assets measured at fair value through OCI that they recognise in 2020 and 2021 for their financial assets, which are not credit-impaired. This would bring additional relief to the impact of the COVID-19 crisis on institutions’ possible rise in provisioning needs and unrealised losses under IFRS 9 while maintaining the transitional arrangements for the expected credit loss amounts established before the pandemic of COVID-19.
Amendment 45 #
2020/0066(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point -1 (new)
Article 1 – paragraph 1 – point -1 (new)
Regulation (EU) No 575/2013
Article 47c – paragraph 3 a (new)
Article 47c – paragraph 3 a (new)
(-1) In Article 47c, the following subparagraph is inserted: “3a. By way of derogation from paragraph 2 and 3, where the exposure is classified as non-performing by the last day of year 2021, the applicable factors shall be applied by adding 24 month to the date indicated thereof.”
Amendment 52 #
2020/0066(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point -1 (new)
Article 1 – paragraph 1 – point -1 (new)
Regulation (EU) No 575/2013
Article 366 – paragraph 4 – subparagraph 1 a (new)
Article 366 – paragraph 4 – subparagraph 1 a (new)
(-1) In Article 366(4), the following subparagraph is added: “Competent authorities may in individual cases exclude the overshootings that do not result from deficiencies in the internal model and that have occurred in the calculation of the addend set out in Article 366 (3).”
Amendment 81 #
2020/0066(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 2 a (new)
Article 1 – paragraph 1 – point 2 a (new)
Regulation (EU) No 575/2013
Article 473a a (new)
Article 473a a (new)
(2 a) The following article is inserted: "Article 473aa 1. By way of derogation from Article 35 and until the end of the transitional period set out in paragraph 2 of this Article, the following may include in their Common Equity Tier 1 capital the amount "A" calculated in accordance with the following formula: A= (a) x f Where: (a) is the increasing of net unrealized losses from 31 December 2019 accounted in "Fair value changes of debt instruments measured at fair value through other comprehensive income". 2. Institution shall apply the following factors f to calculate the amount A referred in the first paragraph: (a) 1 during the period from 1 January 2020 to 31 December 2020; (b) 1 during the period from 1 January 2021 to 31 December 2021; (c) 0,75 during the period from 1 January 2022 to 31 December 2022; (d) 0,50 during the period from 1 January 2023 to 31 December 2023; (e) 0,25 during the period from 1 January 2024 to 31 December 2024; 3. An institution shall decide whether to apply the arrangement set out in this Article during the transitional period and shall inform the competent authority of its decision by ….. 2020. Where an institution has received the prior permission of the competent authority, it may reverse once, during the transitional period, its initial decision."
Amendment 90 #
2020/0066(COD)
Proposal for a regulation
Article 1 – paragraph 1 – point 3
Article 1 – paragraph 1 – point 3
Regulation (EU) 575/2013
Article 500a – paragraph 1
Article 500a – paragraph 1
By way of derogation from Article 47c(3), until [date of entry into force of this amending Regulation + 7 years] the factors set out in Article 47c(4) shall also apply to the part of the non- performing exposure guaranteed by an eligible provider referred to in points (a) to (e) of Article 201(1), where, subject to compliance with Union State aid rules, where applicable, the guarantee or counter- guarantee is provided as part of support measures to assist borrowers amid the COVID-19 pandemic.
Amendment 7 #
2019/2199(INI)
Draft opinion
Paragraph 2 – point a (new)
Paragraph 2 – point a (new)
(a) Considers that there is a need for greater exchange of information on experiences and approaches to the use of the Charter between judges, lawyers’ associations and public administrations within the Member States, but also beyond national borders, including through the use, where appropriate, of existing funding instruments, such as those provided for in the Justice Programme, and also a need to arrange targeted training programmes for legal practitioners;
Amendment 13 #
2019/2199(INI)
Draft opinion
Paragraph 3
Paragraph 3
3. Strongly supports a swift resumption of the negotiations on the accession of the European Union to the European Convention on Human Rights, further to Opinion 2/13 of the Court of Justice of the European Union of 18 December 20141; reiterates the importance of speeding up the accession process, so as to strengthen fundamental rights protection in the Union and reinforce its position in discussions on the rule of law, and of keeping Parliament constantly informed in accordance with Article 218(10) TFEU; _________________ 1 ECLI:EU:C:2014:2454welcomes the fact that, in the next few months, two sessions of negotiations have already been scheduled with the Council of Europe1a and calls on the Commission to appear before the appropriate European Parliament committees at key political times in the negotiations; _________________ 1 ECLI:EU:C:2014:2454 1a Letter of 11 February 2020 from Commissioner Jourová
Amendment 20 #
2019/2199(INI)
Draft opinion
Paragraph 4
Paragraph 4
4. Underlines that an independent judiciary is the cornerstone of the rule of law and of the right to effective legal protection2; recommends a departure from the existing approach of tackling rule of law cases in individual countries in an ad hoc manner, and calls for the development of criteria and contextual assessments to guide Member States in recognising and tackling any possible rule of law issues in a regular and comparative manner; considers that regular evaluations of this type would be useful, inter alia in the light of the proposal for a regulation on the protection of the Union's budget in case of generalised deficiencies as regards the rule of law2a; calls on the Member States always to be ready to defend the rule of law; _________________ 2Article 19 TEU, Article 67(4) TFEU and Article 47 of the Charter. 2a COM(2018)0324 - 2018/0136(COD).
Amendment 23 #
2019/2199(INI)
Draft opinion
Paragraph 5
Paragraph 5
5. Reiterates that within the upcoming Conference on the Future of Europe pre- defined but non-exhaustive policy priorities could be identified, such as European values, fundamental rights and freedoms3; welcomes the fact that the protection of European values and, in particular, the fundamental rights and freedoms of EU citizens, is among the six political priorities of the European Commission and in the Strategic Agenda of the European Council for 2019-2024; _________________ 3European Parliament resolution of 15 January 2020 on the European Parliament’s position on the Conference on the Future of Europe. Texts adopted, P9_TA(2020)0010, para. 7.
Amendment 30 #
2019/2199(INI)
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Welcomes the fact that the Commission has announced a new Strategy for the implementation of the Charter of Fundamental Rights in its 2020 Work Programme; expects it to focus on raising awareness at national level;
Amendment 37 #
2019/2199(INI)
Draft opinion
Paragraph 6
Paragraph 6
6. Acknowledges that the withdrawal of the UK from the European Union will affect citizens’ rights as referred to in Part Two of the TFEU and Title V of the Charter of Fundamental Rights; insists that joint European Parliament-UK Parliament scrutiny of the implementation and application of the Withdrawal Agreement would be beneficial, and would welcome it if joint structures to this end could be established4. ; welcomes the fact that, during the first five years after the entry into force of the withdrawal agreement, the Commission will be required to report annually to the European Parliament and the Council on the implementation and application of the agreement, in particular with regard to Part Two (Citizens’ Rights); expects the Commission also to continue to report on the second part of the agreement after this period; _________________ 4 European Parliament resolution of 15 January 2020 on implementing and monitoring the provisions on citizens’ rights in the Withdrawal Agreement. Texts adopted, P9_TA(2020)0006, para. 22.
Amendment 3 #
2019/2190(INI)
Motion for a resolution
Citation 5 a (new)
Citation 5 a (new)
- having regard to the Position of the European Parliament adopted at first reading on 15 April 2014 with a view to the adoption of Regulation (EU)No .../2014 of the European Parliament and of the Council on consumer product safety and repealing Council Directive 87/357/EEC and Directive 2001/95/EC of the European Parliament and of the Council,
Amendment 7 #
2019/2190(INI)
Motion for a resolution
Citation 11 a (new)
Citation 11 a (new)
- having regard to its resolution of 26 May 2016 on the single market strategy,
Amendment 10 #
2019/2190(INI)
Motion for a resolution
Recital A
Recital A
A. whereas the single market for goods is one of the most important economic cornerstones of the EU, and trade in goods currently generates around a quarter of the EU’s GDP and three quarters of intra-EU trade and whereas the single market needs to be further equipped at its “external borders” with more effective, stronger and harmonized tools in order to detect unsafe products coming from third countries and prevent their circulation in the single market;
Amendment 14 #
2019/2190(INI)
Motion for a resolution
Recital B
Recital B
B. whereas emerging technologies transform and improve the characteristics of products, and therefore need to be addressed so as to ensure consumer protection and legal certainty while at the same time not hindering innovation; whereas the Commission´s report on the safety and liability of artificial intelligence (AI), the internet of things (IoT) and robotics paves the way to achieving this;
Amendment 19 #
2019/2190(INI)
Motion for a resolution
Recital B a (new)
Recital B a (new)
Ba. whereas traceability of products along the supply chain is essential for improving the safety and protect consumers and whereas the indication of origin, and more specifically of the country of origin, are necessary elements that contribute to this aim;
Amendment 25 #
2019/2190(INI)
Motion for a resolution
Recital B b (new)
Recital B b (new)
Bb. whereas the compliance with the EU regulatory framework, and in particular with product safety rules, contributes to guarantee the quality of the manufacturing process and ultimately the safety of products;
Amendment 54 #
2019/2190(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Points out the need to adapt product safety rules to the digital world; asks the Commission to address the challenges of emerging technologies such as artificial intelligence (AI), the internet of things (IoT) and robotics in its revision of the General Product Safety Directive (GPSD), and to identify and close gaps within existing legislation such as the Machinery Directive and Radio Equipment Directive, while avoiding duplicating legislation and ensuring consistency and coherence among all different initiatives;
Amendment 88 #
2019/2190(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Encourages the Commission to develop measures, such as risk-based assessment schemes and conformity assessment mechanisms, where they do not yet exist, to ensure the safety and security of products with embedded emerging technologies, and to provide support to micro enterprises and SMEs to reduce the burden such measures can create;
Amendment 105 #
2019/2190(INI)
Motion for a resolution
Paragraph 9
Paragraph 9
9. Asks the Commission and the Member States to take account of the autonomous self-learning behaviour of AI throughout a product’s lifetime; calls for human oversight and effective checks on high-risk AI products to ensureall along the supply chain to ensure trust and product safety;
Amendment 111 #
2019/2190(INI)
Motion for a resolution
Paragraph 10
Paragraph 10
10. Encourages economic operatorproviders of emerging technologies to integrate safety mechanisms in emergingthese technologies, including self-repair mechanisms, to prevent the upload of unsafe software, raise awareness of safety problems of their products, and ensure safety throughout their lifecycle;
Amendment 127 #
2019/2190(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Is convinced that the cybersecurity threats of connected devices can compromise product safety, and that this needs to be addressed in the revision of the relevant rules in compliance with the applicable regulations, main security standards and considering also emerging cybersecurity trends;
Amendment 133 #
2019/2190(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the Commission to speed up its efforts to develop a European cybersecurity certification schemes covering all the product lifecycle for AI, IoT and robotics products, andlways taking into account sector specific aspects, and to assess whether to create mandatory certification schemes for specific consumer products that can be quickly updated to adapt to current risks without hindering innovation;
Amendment 142 #
2019/2190(INI)
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Calls on the Commission, in the context of the Multiannual Financial Framework 2021-2027 proposal, to provide increased and adequate resources for the new Single Market Programme[1],with the aim of effectively supporting Member States in their efforts to strengthen market surveillance and product safety crucial activities;[1] Programme for Single Market, competitiveness of enterprises, including small and medium-sized enterprises, and European statistics 2021-2027 2018/0231(COD)
Amendment 154 #
2019/2190(INI)
Motion for a resolution
Paragraph 14
Paragraph 14
14. Encourages Member States to increase the resources and expertise of their market surveillance authorities, to enhance cooperation among them, including at cross-border level, improve the efficiency and effectiveness of checks, and properly staff custom authorities so as to be able to identify unsafe products, in particular from third countries, track their origin and prevent their circulation in the internal market including for products sold online;
Amendment 176 #
2019/2190(INI)
Motion for a resolution
Paragraph 17
Paragraph 17
17. Stresses that products directly purchased by consumers from non-EU economic operators must be subject to effective controls including on quality of the manufacturing process of products in compliance with the EU regulatory framework, and on the origin; calls on market surveillance authorities to undertake adequate checks on these products;
Amendment 196 #
2019/2190(INI)
Motion for a resolution
Paragraph 19
Paragraph 19
19. Urges the Commission to improve, at European and international level, cooperation between consumer protection, market surveillance and customs authorities so as to enable the swift transfer of information on unsafe products and on quality checks of the manufacturing process of products coming from outside the EU that should be in compliance with the EU regulatory framework;
Amendment 200 #
2019/2190(INI)
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Calls on the Member States to strengthen their cooperation in order to harmonize both, governance and powers of the market surveillance authorities; insists that in order to avoid disproportionate burden and obstacles to business activity, this harmonization process has to be done taking into account the proportionality principle, especially concerning the powers exercised by the market surveillance authorities and their effective independence;
Amendment 234 #
2019/2190(INI)
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24a. Calls on the Commission and Member states to enhance the interrelation and interaction between national and EU databases on illegal unsafe products in order to create useful synergies and favour the information flow across the single market;
Amendment 238 #
2019/2190(INI)
Motion for a resolution
Paragraph 25
Paragraph 25
25. Asks the Commission to evaluate the necessity of requiring online platforms to put in place effective and appropriate safeguards to tackle the appearance of advertisements for unsafe products, provide reliable information to consumers and guarantee the quality of the manufacturing process of products in compliance with the EU regulatory framework, in order to protect consumers;
Amendment 246 #
2019/2190(INI)
Motion for a resolution
Paragraph 25 a (new)
Paragraph 25 a (new)
25a. Calls on the Commission to consider and assess if a timely procedure for blocking the payments for unsafe products sold online, could be an effective tool for improving actions to contrast the online sale of unsafe products;
Amendment 257 #
2019/2190(INI)
Motion for a resolution
Paragraph 28
Paragraph 28
28. Emphasises that traceability along the supply chain is key to improving the safety of products, since clear and reliable information on productsand the quality of the manufacturing process of products incompliance with the EU regulatory framework, and the protection of EU consumers, since clear and reliable information on products, such as the mandatory indication of the country of origin, empowers consumers, including persons with disabilities, to make informed choices, and allows market surveillance authorities to carry out their activities; asks the Commission to update the rules for the traceability requirements of non- harmonised products accordingly;
Amendment 263 #
2019/2190(INI)
Motion for a resolution
Paragraph 28 a (new)
Paragraph 28 a (new)
28a. Insists on the importance of providing relevant information to consumers to improve the product safety within the internal market, including by supplementing the basic traceability requirements with necessary elements such as the indication of the country of origin of a product; calls on the Commission to consider the setting up an EU mandatory system to that aim; underlines that this objective should be pursued also with the support of digital technologies;
Amendment 276 #
2019/2190(INI)
Motion for a resolution
Paragraph 30
Paragraph 30
30. Notes that consumers respond poorly to recalls, and that unsafe products continue to be used even though they have been recalled; asks the Commission to publish guidelines on recall procedures, including a check list with concrete requirements, in order to increase the number of consumers reached, while taking into account that recalls can create considerable challenges for SMEs, and in particular for micro enterprises;
Amendment 7 #
2019/2028(BUD)
Draft opinion
Paragraph 5a (new)
Paragraph 5a (new)
5a. Considers that the EU needs to build more knowledge and trust among citizens in the EU budget and its added value, by providing budgetary analysis for every new programme and new task in terms of savings made at national level and added value generated at the EU level. By doing so, we can win the support of the EU citizens and Member States, change the mind-set regarding the EU budget contributions and contribute to furthering the European project.
Amendment 31 #
2019/2028(BUD)
Draft opinion
Paragraph 7
Paragraph 7
7. Calls, with regard to all agencies within its remit (ACER, BEREC, ENISA and GSA), for a level of appropriations and staff as requested by those agencies; insists that financial and staff resources be increased in accordance with the expansion of tasks of the agencies concerned and in preparation of the implementation of new legislation, and with the need of planning future roles and responsibilities; notes that the GSA faces the emergence of new challenges related to security and other sensitive areas, where outsourcing is likely to reduce security and cost-efficiency, and to lead to a loss of expertise; it is, therefore, necessary to recruit and retain highly specialised experts;
Amendment 6 #
2016/2143(INI)
Motion for a resolution
Citation 9 a (new)
Citation 9 a (new)
– having regard to its resolution of 11 June 2010 on players' agents in sports,
Amendment 7 #
2016/2143(INI)
Motion for a resolution
Citation 9 b (new)
Citation 9 b (new)
– having regard to its resolution of 21 November 2013 on Qatar: situation of migrant workers,
Amendment 51 #
2016/2143(INI)
Motion for a resolution
Recital H
Recital H
H. whereas the European organised sports model is based on the principles of territoriality and nationality, with one federation per discipline, and solidarity mechanisms such as promotion-relegation and, open competitions and financial redistribution;
Amendment 149 #
2016/2143(INI)
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Insists on the recommendations in its resolution on recent revelations on high-level corruption cases in FIFA, and in particular urges FIFA's new president and the Executive Committee to implement structural reforms in order to bring transparency and accountability and to guarantee open, balanced and democratic decision-making processes within FIFA;
Amendment 150 #
2016/2143(INI)
Motion for a resolution
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Calls for an unrestrained commitment from FIFA to a thorough review of past and present decisions and for complete transparency, believes this review should cover FIFA's statutes, structure, codes and operational policies and practices, the introduction of term limits and independent due diligence for members of the Executive Committee and an external and fully independent financial audit assessing the reliability of its financial statements;
Amendment 158 #
2016/2143(INI)
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Supports the conclusion of the report on FIFA's human rights obligations, released in April this year that "where FIFA is unable to reduce severe human rights impacts by using its leverage, it should consider suspending or terminating the relationship" and calls on FIFA to give adequate follow up to this conclusion in the light of the monitoring of ILO on Qatar and their eventual decision to start a commission of inquiry into its progress toward ending forced labour and improving conditions for migrant workers;
Amendment 241 #
2016/2143(INI)
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Is worried about the often unstable financial situation of investors in professional sport and the opaque source of their means; calls on governing bodies to require an independent fit and proper test for (candidate) owners and shareholders of clubs and regular checks on the basis of good governance criteria and well established codes of conduct;
Amendment 243 #
2016/2143(INI)
Motion for a resolution
Paragraph 19 b (new)
Paragraph 19 b (new)
19b. Considers the ownership model of professional clubs in Germany, where the clubs' members must retain overall control of the club (through the 50+1 rule), as a best practice in the EU and invites Member States, sport governing bodies, national federations, and leagues to start a constructive dialogue and exchange on this model;
Amendment 244 #
2016/2143(INI)
Motion for a resolution
Paragraph 19 c (new)
Paragraph 19 c (new)
19c. Proposes that - in order to tackle the corruption in the management of clubs and malpractices of agents - competent authorities in consultation with federation and leagues establish independent bodies to bring back good governance to professional football;
Amendment 248 #
2016/2143(INI)
Motion for a resolution
Paragraph 20
Paragraph 20
20. Stresses that athletes must be protected from abusive practices such as third-party ownership which raise numerous questions of integrity and broader ethical concerns, supports decisions of governing bodies to ban the third-party ownership of players and calls on the Commission to incite Member States to take additional measures in this regard;
Amendment 253 #
2016/2143(INI)
Motion for a resolution
Paragraph 20 a (new)
Paragraph 20 a (new)
20a. Considers that strengthening the rules on the local players (through the requirement that half of the players on the pitch should be locally trained) is required in order to broaden the opportunities for talented young players and improve the competitive balance;
Amendment 254 #
2016/2143(INI)
Motion for a resolution
Paragraph 20 b (new)
Paragraph 20 b (new)
20b. Calls on governing bodies and national authorities at all levels to take measures that guarantee compensation to training clubs in order to attain the objective of encouraging the recruitment and training of young players, in accordance with the Bernard ruling of the ECJ of 16 March 2010;
Amendment 255 #
2016/2143(INI)
Motion for a resolution
Paragraph 20 c (new)
Paragraph 20 c (new)
20c. Emphasises that financial fair play rules encourage better financial management in professional sport and thus contribute to the sustainable development of sport in Europe; calls on governing bodies to strictly apply the financial fair play rules and to monitor and prevent loopholes;
Amendment 264 #
2016/2143(INI)
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21a. Asks sports competitions organisers to distribute revenues in a more balanced way between clubs from big and smaller countries and insists in particular on the need to maintain competitions open;
Amendment 265 #
2016/2143(INI)
Motion for a resolution
Paragraph 21 b (new)
Paragraph 21 b (new)
21b. Calls on sport governing bodies to allow and support cross-border competitions as a means for smaller leagues and federations to have a chance to compete with the bigger ones;
Amendment 271 #
2016/2143(INI)
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22a. Calls on the Commission to follow- up on the conclusions of its "Study on sports agents in the European Union", in particular with regard to the observation that agents are central in financial streams which are often not transparent and which makes them prone to illegal activities;
Amendment 273 #
2016/2143(INI)
Motion for a resolution
Paragraph 23
Paragraph 23
23. Calls onfor the establishment of transparency registers for the payment of sports agents underpinned by an efficient monitoring system, in cooperation with relevant public authorities and for the introduction of a minimum level of qualifications in order to set higher standards for the activity; calls on the Commission to take an initiative in this regard;
Amendment 388 #
2016/2143(INI)
Motion for a resolution
Paragraph 38
Paragraph 38
38. AskWelcomes the Commission to issue guidelines on the application of state aid rules in sport; 's block exemption regarding local sports infrastructures; believes however that further guidance on the application of state aid rules for sport could bring more legal certainty; stresses in particular that public funding to such infrastructures is compatible with EU rules when these infrastructures contribute to broader social objectives and are available for use by broader target groups or for health, educational or integration projects;
Amendment 402 #
2016/2143(INI)
Motion for a resolution
Paragraph 41 a (new)
Paragraph 41 a (new)
41a. Looks forward to the adoption of the regulation on the cross-border portability of online content services in the internal market;
Amendment 407 #
2016/2143(INI)
Motion for a resolution
Paragraph 42 a (new)
Paragraph 42 a (new)
42a. Stresses the importance of a sound and supportive framework for the development of young players (including insurance for volunteers and fair remuneration for trainers), e.g. through tax incentives, in order to eradicate fraudulent payments and in-transparent money flows;
Amendment 66 #
2016/2100(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the Commission’s goal of opening up new opportunities for citizens and businesses by allowing people, goods, services and capital to move freely within the single market; recalls that the free movement of capital, services, goods and people constitute the four freedoms of the single market and that their implementation is key to bring the EU closer to its citizens;
Amendment 86 #
2016/2100(INI)
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Notes that Brexit could negatively affect EU competition policy as a tool to promote the integration of the single market; is concerned, in particular, of the risk of duplication of proceedings which would increase administrative costs and delay investigation processes;
Amendment 118 #
2016/2100(INI)
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Calls on the Commission to further tackle any abuse of tax rulings; believes, to this regard, that the Commission decisions which have set out a clear methodology for calculating the value and the undue competitive advantages enjoyed by companies involved in incorrect rulings provide a good legal basis for further harmonisation in the area;
Amendment 248 #
2016/2100(INI)
Motion for a resolution
Paragraph 13 a (new)
Paragraph 13 a (new)
13a. Welcomes the strengthened partnership approach between the Commission and Member States in the context of the State aid modernisation (SAM) initiative; calls on the Commission to reinforce cooperation with Member States as regards the design of growth- enhancing aid measures that promote the growth of key sectors for the re- industrialisation of Europe such as energy-intensive industries, in particular steel and aluminium;
Amendment 283 #
2016/2100(INI)
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
Underlines the importance to break up cartels in the interest of European citizens and European businesses, in particular SMEs; encourages the Commission to streamline administrative procedures to this regard in order to fast-track proceedings;
Amendment 286 #
2016/2100(INI)
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15a. Calls on the Commission to strengthen its action at global level in order to ensure that third countries competition rules do not collide with EU provisions at the detriment of European businesses;
Amendment 99 #
2016/2041(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Highlights the role of renewable support schemes in attracimportance of market- based renewable support schemes; stresses their role in guaranteeing stable price signals facilitating long-term investment and consolidating the renewable sector; rejects the retroactive elimination of renewable support schemes;
Amendment 110 #
2016/2041(INI)
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Suggests that natural gas can be regarded as an ideal complement to the development of renewable energy, providing a rapid and effective means of balancing out fluctuations in renewable energy supply and covering the peak demand, thereby ensuring the flexibility necessary for the operation of the system, at least until large-scale energy storage technologies are available on the market;
Amendment 217 #
2016/2041(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
16. Highlights the need for a differential treatment between micro, small and large producers; stresses the importance of ensuring financial and administrative facilities for ‘prosumers’ (households, micro and small businesses, cooperatives, public administrations and non-commercial entities that engage in energy production) which must, however, contribute to grid costs;
Amendment 238 #
2016/2041(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Stresses that renewable electricity production should be better integrated with the electric distribution and transmission systems, considering the changes towards a more decentralised model for energy; or by balancing out variable renewables with non-variable renewables, such as hydroelectricity;
Amendment 242 #
2016/2041(INI)
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. Points out that non-variable renewable sources such as water are of great importance in achieving EU energy objectives and accordingly stresses the need for a common regulatory framework to ensure fair competition in Europe;
Amendment 65 #
2016/2032(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Encourages SMEs to consider the whole EU as their home market and to use the potential of the single market for their financing needs; welcomes the Commission’'s initiatives supporting SMEs and start-ups in an upgraded Single Market; believes that the Start-up Europe initiative should assist small innovative companies by supporting them until they become operational; underlines, in this context, the importance of the implementation of the Small Business Act; calls on the Commission for a follow-up to the Small Business Act;
Amendment 69 #
2016/2032(INI)
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Recalls that a legal and business environment supportive of timely payments in commercial transactions is key for access to finance; underlines, in this context, the financial problems suffered by SMEs and the situation of uncertainty experienced by suppliers generated by late payments of public institutions and authorities; calls on the Commission to assess during the review of the late payment directive the introduction of specific measures aimed at easing payments for SMEs;
Amendment 83 #
2016/2032(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Welcomes the Commission’'s initiative to identify undue barriers and obstacles to the financial sector providing funding to the real economy, in particular SMEs; underlines the importance of simplifying or modifying rules which gave rise to unintended consequences; believes that a European approach to financial regulation and the Capital Markets Union should duly take into account international developments in order to avoid unnecessary divergences and duplications in legislation and keep Europe as an attractive place for international investors;
Amendment 131 #
2016/2032(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Emphasises the importance of the SME Supporting Factor for maintaining and increasing bank lending to SMEs; calls on the Commission to examine the appropriate calibration of the factor, including size, threshold and possible interactions with other regulatory requirements; believes, in particular, that the exposure threshold of 1.5 million euro should be revised in order to further increase SMEs access to bank lending; is concerned about the possible negative impact of its removal; calls on the Commission to explore the possibility of making thise factor permanent;
Amendment 169 #
2016/2032(INI)
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Points out that the real economy remains heavily reliant on banks which makes it vulnerable to a tightening of bank lending; believes that alternative sources of financing should be further promoted, in particular by strengthening the recourse to venture capital;
Amendment 182 #
2016/2032(INI)
Motion for a resolution
Paragraph 21
Paragraph 21
21. Recalls the sizeable cost for SMEs to access capital markets; stresses the need for a proportionate regulation, with less complex and burdensome disclosure and listing requirements for SMEs with the aim to reduce the cost of their access to capital markets;
Amendment 193 #
2016/2032(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Emphasises the importance of the transparency, standardisation and public availability of SME financing information for investors, supervisors and other stakeholders in order to understand the risk profile and take informed decisions; believes that the creation of a European database collecting information on business strategies and financing needs of SMEs could serve this purpose; welcomes the Commission’'s SME information strategy;
Amendment 206 #
2016/2032(INI)
Motion for a resolution
Paragraph 24
Paragraph 24
24. Highlights the need to foster innovation through lending platforms; encourages banks to regard the use of such innovative technologies as an opportunity; stresses that alternative funding sources like crowdfunding or peer-to-peer lending offer solutions for start-ups and innovative SMEs in particular; welcomes the Commission’'s assessment of the existing framework for crowdfunding; notes that the existing laws and regulation on crowdfunding differ significantly across Member States and do not appear to have promoted cross-border activities; calls on the Commission to explore the need for, and potential of, a harmonised EU framework;
Amendment 234 #
2016/2032(INI)
Motion for a resolution
Paragraph 27
Paragraph 27
27. Underlines the importance of corporate and income taxation for the internal financing capacity of SMEs; highlights the need to introduce financial exemptions for SMEs, primarily in their initial phase, to enable them having enough funds for the subsequent periods of their lifecycle;
Amendment 27 #
2016/0027(COD)
Proposal for a decision
Recital 1
Recital 1
(1) In the multiannual radio spectrum policy programme (RSPP) established by Decision No 243/2012/EU20 , the European Parliament and the Council set the objectives of identifying at least 1 200 MHz of spectrum suitable for wireless broadband electronic communications services in the Union by 2015, of supporting the further development of innovative audiovisual mediabroadcasting services by ensuring sufficient spectrum for the satellite and terrestrial provision of such services, if the need is clearly substantiated, and of ensuring sufficient spectrum for programme making and special events (PMSE). __________________ 20 Decision No 243/2012/EU of the European Parliament and of the Council of 14 March 2012 establishing a multiannual radio spectrum policy programme (OJ L 81, 21.3.2012, p. 7).
Amendment 35 #
2016/0027(COD)
Proposal for a decision
Recital 2
Recital 2
(2) In its strategy for the digital single market (DSM)21 , the Commission highlights the importance of the 694-790 MHz (‘700 MHz’) frequency band for ensuring the provision of broadband services in rural areas and stresses the need for a coordinated release of that frequency band, while accommodating the specific needs of audiovisual mediabroadcasting services distribution. __________________ 21 See http://ec.europa.eu/priorities/digital- single-market/index_en.htm.
Amendment 72 #
2016/0027(COD)
Proposal for a decision
Recital 7
Recital 7
(7) In his report to the Commission (the ‘Lamy report’)22 , Pascal Lamy, the Chairman of the high-level group on the future use of the 470-790 MHz frequency band, recommended that the 700 MHz frequency band be made available for wireless broadband by 2020 (+/- two years). This would help achieve the goal of long-term regulatory predictability for DTT in having access to the sub-700 MHz frequency band until 2030, although this would have to be reviewed by 2025. The Lamy Report also recommended national a "flexibility inoption" involving studying scenarios that allow spectrum use ofin the sub- 700 MHz frequency band, which is limited to downlink-only to be used for downlink-only electronic communications services in cases where there is no or negligible demand for DTT at national level. Downlink-only is the restriction of all transmissions in a wireless system, independent of its technology, to unidirectional transmission from central infrastructure stations such as a TV broadcasting tower or a mobile base station to portable or mobile terminals such as TV sets or mobile phones. Such scenarios should guarantee continued access to spectrum for DTT as the primary user and audio PMSE as the secondary user, subject to national demand. This calls for timely study, adoption and dissemination of a harmonised Union approach to supplemental downlink and its coexistence with terrestrial broadcasting services and audio PMSE in order to preserve the specificities of the European audiovisual model and at the same time open the door to innovation and new services. __________________ 22 Report by Mr Pascal Lamy, available at: https://ec.europa.eu/digital- agenda/en/news/report-results-work-high- level-group-future-use-uhf-band.
Amendment 108 #
2016/0027(COD)
Proposal for a decision
Recital 12
Recital 12
(12) In line with Articles 9 and 9a of Directive 2002/21/EC, Member States should apply a flexible approach where possible and may allow the introduction of alternative downlink-only uses such as terrestrial wireless broadband electronic communications services in the sub-700 MHz frequency band in accordance with national needs for distribution of audiovisual media services to a mass audience, in cases where there is no or negligible demand for DTT and PMSE services at national level. When allowing use within the sub-700 MHz frequency band for downlink-only terrestrial wireless broadband electronic communications services, Member States should ensure that such use does not affect the use of sub-700 MHz band for digital terrestrial broadcasting and audio PMSE services in neighbouring Member States, as provided for in the agreement at the Regional Radiocommunication Conference of 200625 . __________________ 25 Regional Radiocommunication Conference of 2006 for planning of the digital terrestrial broadcasting service in parts of Regions 1 and 3, in the frequency bands 174-230 MHz and 470-862 MHz (RRC-06) in Geneva.
Amendment 109 #
2016/0027(COD)
Proposal for a decision
Recital 13
Recital 13
Amendment 127 #
2016/0027(COD)
Proposal for a decision
Recital 15
Recital 15
(15) The scope and mechanism of possible compensation for completing the transition in spectrum use within the 470- 790 MHz frequency band should be analysed in accordance with the relevant national provisions as provided by Article 14 of Directive 2002/20/EC27 , and have to be consistent with the provisions of Articles 107 and 108 TFEU. The Commission should provide guidance to Member States on adequate and prompt compensation, in order to facilitate the transition in spectrum use. Member States should, in particular, take into account the importance of prompt compensation for DTT and audio PMSE end-users. __________________ 27 Directive 2002/20/EC of the European Parliament and of the Council of 7 March 2002 on the authorisation of electronic communications networks and services (Authorisation Directive) (OJ L 108, 24.04.2002, p. 21)
Amendment 136 #
2016/0027(COD)
Proposal for a decision
Article 1 – paragraph 1
Article 1 – paragraph 1
(1) By 30 June1 December 2020, Member States shall allow the use of the 694-790 MHz frequency band for terrestrial systems capable of providing wireless broadband electronic communications services only under harmonised technical conditions set by the Commission pursuant to Article 4 of Decision 676/2002/EC. Member States may however decide, on the basis of reasonable grounds, to delay the availability of the band for up to two years maximum. Where a Member State decides to delay the availability of the band, it shall inform other Member States and the Commission accordingly. Where necessary, Member States shall carry out the authorisation process or amend relevant existing rights to use the spectrum in accordance with Directive 2002/20/EC, in order to allow that use.
Amendment 169 #
2016/0027(COD)
Proposal for a decision
Article 4 – paragraph 1
Article 4 – paragraph 1
(1) Member States shall ensure, at least until 31 December 2030, availability of the 470-694 MHz frequency band or parts of the band for the terrestrial provision of audiovisual media services to mass audiences, including free television, and for use by wireless audio PMSE equipment, based on national broadcasting needs, taking into account the principle of technological neutrality. Member States shall ensure that any other use of the 470- 694 MHz frequency band on their territory does not cause harmful interference with the terrestrial provision of audiovisual media services in a neighbouring Member State.
Amendment 177 #
2016/0027(COD)
Proposal for a decision
Article 4 – paragraph 2
Article 4 – paragraph 2
(2) If Member States authorise the use of spectrum in the 470-694 MHz frequency band for terrestrial systems capable of providing electronic communication services other than television broadcasting networks, such use shall be limited to downlink-only. Such use shall be without prejudice tomade in accordance with obligations resulting from international agreements and Union law.
Amendment 185 #
2016/0027(COD)
Proposal for a decision
Article 5 – paragraph 1
Article 5 – paragraph 1
By 30 June 20178, Member States shall adopt and make public their national plan and schedule (‘national roadmap’) for fulfilling their obligations under Articles 1 and 4 of this Decision.
Amendment 189 #
2016/0027(COD)
Proposal for a decision
Article 5 – paragraph 1 a (new)
Article 5 – paragraph 1 a (new)
Member States shall ensure the timely availability of sufficient funds to cover the costs of migration as well as the costs associated with measures needed to limit interference to broadcasting services.
Amendment 197 #
2016/0027(COD)
Proposal for a decision
Article 6 – paragraph 1
Article 6 – paragraph 1
Amendment 93 #
2015/2354(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Believes that it is necessary to adoptuse a common definition of ‘innovative’ start- ups and SMEs, or objective criteria, that can be used as a point of reference for the adoption of related measures; calls on the Commission to propose such a definition;
Amendment 115 #
2015/2354(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Welcomes the Commission’s determination to address the difficulties faced by SMEs as a result of the complexity of differing national VAT regulations; extends its full support to the Commission in respect of the VAT reform; calls on the Commission to assess the feasibility of further coordination and, in particular, to assess the possibility of a single taxVAT rate in the e-commerce sector;
Amendment 119 #
2015/2354(INI)
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Hopes that the Commission will continue the process of reforming the public procurement system, which it began with the 2014 directives, moving towards an increasing characterisation of demand in the area of procurement, with the aim of rewarding technological innovation and energy efficiency;
Amendment 160 #
2015/2354(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Emphasises that the collaborative (or sharing) economy is growing fast and while changing the way that many services and assets are provided and consumed; und, it can steerl ines, furthermore, the strong link between these new business models and the performancenovation and has the potential to bring additional benefits and opportunities for companies and consumers ofn the single market;
Amendment 173 #
2015/2354(INI)
Motion for a resolution
Paragraph 14
Paragraph 14
14. Welcomes the Commission’s announced initiative on the European agenda for the collaborative economy, and its intention to look at that economy in order to assess what needs to be done to accompany its growth and its major contribution to the economic systemclarify, with a guidance, the interaction between the provisions of existing EU law for the application and functioning of collaborative economy business models;
Amendment 188 #
2015/2354(INI)
Motion for a resolution
Paragraph 15
Paragraph 15
15. Considers that, in the collaborative economy, the development of new business models, innovative services and temporary use of assets should be encouraged, but with the same rules should applying to the same services, with a view to ensuring a level playing field and consumer safety while avoiding fragmentation that would hamper the development of new business models;
Amendment 204 #
2015/2354(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
16. Draws attention to the important role of standards for innovation, competitiveness and progress in the single market; calls on the Commission to support and reinforce European standards, as already provided for by Regulation No 1025/2012, including by exploiting the opportunities offered by the ongoing negotiations for a Transatlantic Trade and Investment Partnership (TTIP);
Amendment 267 #
2015/2354(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Emphasises that it is necessary to reinforce the Solvit network and to improve awareness of the network, particularly by extending the interaction between SOLVIT, CHAP and EU Pilot cases to streamline the broader framework of EU complaint procedures, and to raise awareness of the network amongst citizens and SMEs, and its role in solving interpretation problems relating to the single market;
Amendment 279 #
2015/2354(INI)
Motion for a resolution
Paragraph 23
Paragraph 23
23. Takes note ofAnticipates the Commission proposal, as part of strengthening the single market for goods, to improve mutual recognition through action to increase awareness of the mutual recognition principle and through the revision of the Mutual Recognition Regulation;
Amendment 324 #
2015/2354(INI)
Motion for a resolution
Paragraph 27
Paragraph 27
27. Supports the Commission proposal to introduce a services passport to help service providers demonstrate that they satisfy the requirefacilitate, in key economic sectors such as business services, the developments applicable to them in the Member State where they wish to provide their service on a temporary basisnd mobility of companies across the single market; considers that this initiative should be aimed at reducsimplifying administrative burdenprocedures for service providers wand simplifying thting to operate pcrocedures applicable to cross-border service provisionss-border, and addressing obstacles of regulatory nature which discourage these companies from entering a market in another Member State;
Amendment 339 #
2015/2354(INI)
Motion for a resolution
Paragraph 27 a (new)
Paragraph 27 a (new)
27a. Considers that cross-border provision of services on a temporary basis, including professional services, should be considered a key element for the internal market as they create jobs and provide high-quality products and services to EU citizens; therefore considers the periodic guidance a useful instrument for the Member States, taking into account the different economical, geographical and social backgrounds of all Member States;
Amendment 90 #
2015/2322(INI)
Motion for a resolution
Recital H
Recital H
H. whereas a medium-term increase inn average interconnection target of 15% between the Member States to 15%subject to a cost-benefit analysis could improve security of supply;
Amendment 158 #
2015/2322(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Calls on the Member States to be more pro-actively involved in the design of a European internal market in electricity and to avoid undermining the objectives of Articles 114 and 194 TFEU by means of permanent capacity marketnon-market based national approaches;
Amendment 307 #
2015/2322(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls for national capacity mechanisms only to be authorised where a detailed analysis of the production and supply situation at regional level has been carried out in advance and a bottleneck has been identified which cannot be eliminated by less stringent measures such as a strategic reserveguided by a detailed prospective analysis of the system adequacy at regional level which should be based on a transparent, appropriate and stable methodology, by Member States and key stakeholders and should take into account national sensitivities and specificities;
Amendment 354 #
2015/2322(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
Amendment 368 #
2015/2322(INI)
Motion for a resolution
Paragraph 17
Paragraph 17
17. StressNotes that price volatility has a signal and guidance function in the electricity market and can be an important factor in the efficiency of the electricity market; stresses that consumers’ exposure to such signal remains nonetheless a risk that is not easily manageable, whilst acknowledging that removing price caps on energy markets will not be sufficient in an electricity market framework relying exclusively on an Energy Only Market;
Amendment 447 #
2015/2322(INI)
Motion for a resolution
Paragraph 20
Paragraph 20
20. Notes that the Member States must meet specific quantitative objectives for the share of renewables in energy consumption, irrespective of the market situation, and therefore stresses the importance of promoting renewables in a way that focuses on competition and cost efficiency; therefore regards the EU-ETS as the most effective tool, and the promotion of investment as more compatible with the market than feed-in priorities and fixed prices;
Amendment 532 #
2015/2322(INI)
Motion for a resolution
Paragraph 28
Paragraph 28
28. Stresses that renewables should in most cases be fed in at distribution systems level, and therefore calls for distribution system operators to have a greater role overall and to be more closely involved in the European regulatory bodies especially through the DSO/TSO platform;
Amendment 556 #
2015/2322(INI)
Motion for a resolution
Paragraph 30
Paragraph 30
30. Regards distribution system operators as neutral market pioneefacilitators receiving data from various sources, which they can then make available in a non-discriminatory manner to authorised third parties with the consent of the consumer; distribution system operators can also, among other market participants, support local authorities in providing them with data to enable energy transition on their territories;
Amendment 4 #
2015/2276(INI)
Draft opinion
Paragraph 1
Paragraph 1
1. Highlights the dual-use capacity of Galileo and Copernicus, in the form of the Public Regulated Service and the Copernicus security service; believes this capacity should be fully developed in the next generations, noting especially the need for very high resolution earth observation data (Copernicus) and better precision and encryption (Galileo); calls for sufficient provision in the mid-term review for all satellite systems’ future development; points in addition to the importance of considering how industry might be involved in the management of Copernicus operations;
Amendment 58 #
2015/2276(INI)
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Points out, as regards the future financing of European space programmes, that it would be desirable to determine when it might be possible to use forms of public-private partnership.
Amendment 8 #
2015/2147(INI)
Motion for a resolution
Citation 7 a (new)
Citation 7 a (new)
- having regard to its resolution of 10 March 2015 on the Annual Report on EU Competition Policy1a, __________________ 1a Text adopted, P8_TA(2015)0051
Amendment 10 #
2015/2147(INI)
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Sees the digitisation of the economy as an ineluctable and beneficial development – spurring progress, growth and innovation among European companies, not least SMES – and believes it should be supported;
Amendment 40 #
2015/2147(INI)
Motion for a resolution
Recital A
Recital A
A. whereas the use of the internet and mobile communications has changed the way users communicate, invent, consume access information and knowledge, innovate, consume, do business, participate in the political life of the Union and share; whereas this has expanded the market place, facilitating access by small companies to a customer base of 500 million customers and the development by entrepreneurs of new ideas;
Amendment 67 #
2015/2147(INI)
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Believes that the existing tax framework cannot continue to be applied given the specificities of the digital economy, and therefore calls on the Member States to come up with a new taxation policy suitable for the digital economy; emphasises that, with a view to ensuring fair competition and boosting EU citizens’ confidence in the fairness of tax systems, a European strategy for adapting existing tax arrangements to make them applicable to digital companies is urgently needed;
Amendment 75 #
2015/2147(INI)
Motion for a resolution
Recital B
Recital B
B. whereas all Union policies and legislation in the area of the Digital Single Market should be aligned in order to allow new opportunities for users and businesses to emerge and develop, especially within today’s service societyector, while taking a holistic approach that considers their social dimension as they inevitably involve structural changes;
Amendment 78 #
2015/2147(INI)
Draft opinion
Paragraph 5
Paragraph 5
5. Supports the Commission’s decision to review internet platforms; and encourages ithe Commission to create a suitable legislative and tax framework ensuring the development of innovative ideas, protection of work standards and compliance with exfor these new business models, setting out in particular a new concept of territoriality in order to prevent unfair competition and tax optimisationg fiscal rules;
Amendment 78 #
2015/2147(INI)
Motion for a resolution
Recital B
Recital B
B. whereas all Union policies and legislation in the area of the Digital Single Market should allow new opportunities for users and businesses to emerge, especially within today’s service society and based on similar rules for similar services, while taking a holistic approach that considers their social dimension as they inevitably involve structural changes;
Amendment 96 #
2015/2147(INI)
Motion for a resolution
Recital C
Recital C
C. whereas 75% of the value added by the digital economy comes from traditional industry; whereas its integration of digital technologythe transformation of traditional industry into digital remains weak, with only 1.7% of EU enterprises making full use of advanced digital technologies and 147% of SMEs using the internet as a sales channelto sell online cross-border;
Amendment 131 #
2015/2147(INI)
Motion for a resolution
Recital D
Recital D
D. whereas a high and consistent level of consumer protection and satisfaction across all digital services necessarily entails choice, flexibility, information and trust in a secure online environment with high-level of data protection;
Amendment 135 #
2015/2147(INI)
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. whereas investment in fixed and mobile electronic communications infrastructures is essential for a thriving Digital Single Market;
Amendment 140 #
2015/2147(INI)
Motion for a resolution
Recital D b (new)
Recital D b (new)
Db. whereas for the Digital Single Market to be competitive and to deliver its benefits to citizens and businesses, a level playing field for operators must be created. Market players need a reliable, fair, transparent and proportionate regulatory framework that allows them to compete fairly and equitably and to come up with innovative ideas and products without facing burdensome regulation;
Amendment 143 #
2015/2147(INI)
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. whereas the timely roll-out of future communication networks in Europe, such as 5G will depend on the creation of an investment-conducive environment;
Amendment 144 #
2015/2147(INI)
Motion for a resolution
Recital D a (new)
Recital D a (new)
Da. whereas the increasing development of e-commerce and online activities provides new possibilities for consumer protection and IPR enforcement; whereas the application of a duty of care along the supply chain would reinforce consumer and business trust online[CE1] by increasing cooperation and exchange of information and best practices to combat illegal goods and content;
Amendment 145 #
2015/2147(INI)
Motion for a resolution
Recital D b (new)
Recital D b (new)
Db. whereas creativity and innovation are the engines of the digital economy and must therefore be encouraged and rewarded; whereas a high level of protection of intellectual property rights allows authors and creators to further develop their activities in the European digital market;
Amendment 146 #
2015/2147(INI)
Motion for a resolution
Recital D d (new)
Recital D d (new)
Dd. whereas creativity and innovation are the drivers of the digital economy, and whereas it is essential therefore to ensure a high level of protection of intellectual property rights;
Amendment 170 #
2015/2147(INI)
Motion for a resolution
Paragraph 1
Paragraph 1
1. Welcomes the Communication on ‘A Digital Single Market Strategy for Europe’; believes that the horizontal approach taken needs to be strengthened in its implementation as the digital sectordrivers affects every dimension of society and the economy;
Amendment 189 #
2015/2147(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Believes that better regulation should help to examine policy through a digital lens and facilitate the adaptation of legislation and enforcement frameworks in the light ofin the digital age requires principle-based legislation coupled with complementary non-regulatory actions to effectively adapt to new technologies and new business models to prevent fragmentation of the single market;
Amendment 222 #
2015/2147(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Considers that users’ trust in digital services is vital to innovation and growth in the digital economy and that reinforcing that trust, i.e. through data protection and security standards, should be at the basis of both public policy and business models;
Amendment 224 #
2015/2147(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Considers that the security of networks and information as well as users’ trust in digital services isare vital to innovation and growth in the digital economy and that reinforcing that trust should be at the basis of both public policy and business models;
Amendment 226 #
2015/2147(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Considers that users’ trust in digital public and commercial services is vital to innovation, in particular open innovation and growth in the digital economy and that reinforcing that trust, also by promoting best practices, i.e. in the area of e- governance, should be at the basis of both public policy and digital business models;
Amendment 234 #
2015/2147(INI)
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Considers that a competitive broadband environment is key to achieving the goals of the Digital Single Market, insofar it enables business diversity, economic pluralism and consumer choice;
Amendment 253 #
2015/2147(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Stresses the urgent need for the Commission and Member States to promote a more dynamic economy for innovation to flourish and for companies to scale up, through the development of e- government, a modernised regulatory frameworkand non-regulatory framework for the digital economy that is fit for investments in enhanced digital infrastructures fit for the emergence and scale- up of innovative businesses, and a long term investment strategy into boost digital infrastructure, skills, research and innovation;
Amendment 258 #
2015/2147(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Stresses the urgent need for the Commission and Member States to promote a more dynamic economy for innovation, in particular open innovation, to flourish and for companies to scale up, through the implementation and development of e- governmentance, a modernised regulatory framework fit for the emergence and scale- up of innovative businesses, and a long term investment strategy in infrastructure, skills, research and innovation;
Amendment 271 #
2015/2147(INI)
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Calls on the Commission to support the digitalisation of industry through an agenda for smart industry, including by facilitating EU and global standards- setting and interoperability;
Amendment 288 #
2015/2147(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Calls on the Commission, in cooperation with Member States, to further develop initiatives to boost entrepreneurship that range from changing the mind-set on how success is defined to promoting an entrepreneurial and innovation culture; believes, in addition, that the diversity and specific attributes of the different national innovation hubs could be turned into a real competitive advantage for the EU on the global market if they are effectively interconnected;
Amendment 315 #
2015/2147(INI)
Motion for a resolution
Paragraph 6
Paragraph 6
6. Is concerned about the different national approaches taken to regulating the internet and the sharing economy; urges the Commission to take action to preserve the integrity of the single market and the internet as an open and global platform for communication and innovation; and to guarantee fair, open and non- discriminatory internet access;
Amendment 323 #
2015/2147(INI)
Motion for a resolution
Paragraph 6
Paragraph 6
6. Is concerned about the different national approaches taken to regulating the internet and the sharing economy; urges the Commission to take action to preserve the integrity of the single market and the internet as an open and global platform for communication and innovation as well as safeguard citizens' interest in consistent consumer protection standards across all digital services and fair competition in the digital economy;
Amendment 333 #
2015/2147(INI)
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Calls on the Commission to set ambitious and firm targets for 5G rollout, setting as European milestone - for inspiring a speedy development of 5G;
Amendment 377 #
2015/2147(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Welcomes the Commission’s initiative to improve the legal protection of consumers as regards intangible digital content; points out that while consumers buying tangible digital content are protected by consumer protection laws, consumer rights when buying intangible digital content remain largely unregulated; agrees that consumers should enjoy a comparable level of protection regardless of the services provider and the way by which they are provided and regardless of whether they purchase digital content online or offline;
Amendment 390 #
2015/2147(INI)
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Stresses that, in a truly functional Digital Single Market, consumers need to rely on consistent protection standards and businesses need to rely on a fair regulatory system that ensures similar rules for similar services;
Amendment 596 #
2015/2147(INI)
Motion for a resolution
Paragraph 16 b (new)
Paragraph 16 b (new)
16b. Acknowledges that geo-blocking may be justified in certain cases, for example in the audiovisual sector, where financing production depends to a large extent on territorial exclusivity;
Amendment 650 #
2015/2147(INI)
Motion for a resolution
Paragraph 19
Paragraph 19
19. Emphasises that incentivising private investments in fast and ultra-fast communication networks is a requirement for any digital progress, with competition remaining the main driver of infrastructure investments, innovation, affordable prices and choices for consumers and businesses; considers that little evidence exists, in the still fragmented European telecommunications market, of a link between consolidation of operators and increased investment in networks; calls on the Commission, therefore, to enforce properly both ex post and ex ante competition rules in order to prevent excessive market concentration and abuse of dominance;
Amendment 666 #
2015/2147(INI)
Motion for a resolution
Paragraph 19 b (new)
Paragraph 19 b (new)
19b. Calls on the Commission to focus in the upcoming Review of the Telecom Framework on key aspects such as technological neutrality; allowing extra territorial use of numbering resources as well as on a light touch regulatory approach that does not hinder innovation but facilitate it;
Amendment 682 #
2015/2147(INI)
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. considers investments in fixed and mobile broadband infrastructure as a priority while many rural, remote and border areas do not have access to sufficient connectivity; regrets in this respect that the European Commission did not set ambitious EU and national targets for fixed and mobile broadband coverage; asks the European Commission to define European connectivity targets, to be adopted by the European Parliament and the Council, broken down into national requirements for accelerating the deployment of fixed and mobile broadband networks in all territories, while adapting and clarifying State aid rules to ease joint public and private investments in areas subject to market failures;
Amendment 686 #
2015/2147(INI)
Motion for a resolution
Paragraph 19 c (new)
Paragraph 19 c (new)
19c. Believes that the financing instruments in the Juncker plan will be crucial sources of investment;
Amendment 695 #
2015/2147(INI)
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Notes that the development of new services such as the Internet of Things requires new flexible, future focused policies that allow the Internet of Things to develop its potential for economic and social development in all countries;
Amendment 710 #
2015/2147(INI)
Motion for a resolution
Paragraph 20
Paragraph 20
20. Stresses that sincwhile the development of over-the-top and other digital services hasve increased demand and competition to the benefit of consumers, modernisation of the telecommunication framework shouldconsumer protection standards are fragmented. Therefore modernisation of the telecommunication framework should aim at consistent level of consumer rights across digital industry, not lead to more regulatory burdens, but shouland drive innovation and fair competition across digital markets;
Amendment 712 #
2015/2147(INI)
Motion for a resolution
Paragraph 20
Paragraph 20
20. Stresses that since the development of over-the-top services has increased demand and competition to the benefit of consumers, as well as the demand for investment in digital infrastructure, modernisation of the telecommunication framework should not lead to more regulatory burdens, but should driveimplement future-proof solutions that foster innovation and fair competition;
Amendment 715 #
2015/2147(INI)
Motion for a resolution
Paragraph 20
Paragraph 20
20. Stresses that sincwhile the development of over- the- top services has increased demand and competition to the benefit of consumers, consumers are faced with new risks related to fragmented consumer protection standards; considers therefore that modernisation of the telecommunication framework should not lead to moreunnecessary regulatory burdens, but should ensure a high level of consumer protection, drive innovation and fair competition for all actors across the EU;
Amendment 728 #
2015/2147(INI)
Motion for a resolution
Paragraph 20 a (new)
Paragraph 20 a (new)
20a. Asks the Commission to elaborate a comprehensive framework for all digital services regardless of the provider or the way by which they are provided to ensure equal consumer protection and enable fair competition for all digital actors;
Amendment 782 #
2015/2147(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Stresses that uniform enforcement of the Connected Continent package, including the end of roaming surcharges and the net neutrality principle, requires the establishment of a singlefficient coordination between European telecommunications regulators;
Amendment 788 #
2015/2147(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Stresses that uniform enforcement of the Connected Continent package, including the end of roaming surcharges and the net neutrality principle, requires the establishment of a single European telecommunications regulator, in which the current system of checks and balances between the European Commission and the National Regulatory Authorities is preserved;
Amendment 790 #
2015/2147(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Stresses that uniform enforcement of the Connected Continent package, including the end of roaming surcharges and the net neutrality principle, namely fair, open and non-discriminatory internet access, requires the establishment of a single European telecommunications regulator;
Amendment 814 #
2015/2147(INI)
Motion for a resolution
Paragraph 23
Paragraph 23
23. Urges the Commission to develop an innovation-friendly policy that fosters fair competition between, and innovation in, online platforms; considers that the priorities should be transparency, facilitation of switching between platforms or online services, access to platforms, non-discrimination and access to platforms for end-users as well as B2B multichannel commerce platforms and identifying and addressing barriers to the emergence and scale-up of platforms;
Amendment 852 #
2015/2147(INI)
Motion for a resolution
Paragraph 24
Paragraph 24
24. Appreciates the Commission’'s initiative to analyse the role of platforms inas part of the Digital Economy as part ofSingle Market Strategy and calls on the Commission to ensure that all actors along the supcoming Internal Market Strategyply chain apply a duty of care by taking all necessary measures against the sales of illicit content and goods;
Amendment 853 #
2015/2147(INI)
Motion for a resolution
Paragraph 24
Paragraph 24
24. Appreciates the Commission’'s initiative to analyse the role of platforms in the Digital Economy as part of the upcoming Internal Market Strategy, ensuring a comprehensive and similar approach to framework across the digital market; considers that "a one size fits all" solution may have a chilling effect on innovation and put European companies at a competitive disadvantage in the global economy; underlines the need of appropriate application of tools existing in the current legislation in this field;
Amendment 864 #
2015/2147(INI)
Motion for a resolution
Paragraph 24
Paragraph 24
24. Appreciates the Commission’s initiative to analyse the role of the different platforms in the Ddigital Eand traditional economy as part of the upcoming Internal Market Strategy;
Amendment 874 #
2015/2147(INI)
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24a. Regrets the length of proceedings relating to litigation and allegations of abuse of dominant position initiated by the European Commission against some digital platforms; highlights that the regulatory framework applicable to digital platforms must be adapted to the rapid evolution of technologies and services; asks the Commission to make use of already existing tools and to elaborate fast-track dispute settlement procedures, modelled on those existing for network infrastructure, in close cooperation with national regulatory authorities to ensure fair competition and a balanced digital ecosystem;
Amendment 875 #
2015/2147(INI)
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24a. Urges the Commission to distinguish between technical intermediaries providing straightforward hosting services and platforms seeking to make protected works available to the public, and clarify the provisions of Directive 2000/31 on electronic commerce and Directive 2001/29 on copyright and related rights in the information society;
Amendment 880 #
2015/2147(INI)
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24c. Promotes an appropriate European fiscal framework for addressing the new challenges raised by the digital economy, in particular concerning a territorialization adapted for the digital economy;
Amendment 913 #
2015/2147(INI)
Motion for a resolution
Paragraph 25 a (new)
Paragraph 25 a (new)
25a. Calls for the establishment of an independent rating agency of digital platforms assessing their activities to establish a flexible framework that would guide investors, businesses and allow consumers to better acknowledge the conditions applicable to the use of digital services offered by these platforms;
Amendment 924 #
2015/2147(INI)
Motion for a resolution
Paragraph 26
Paragraph 26
26. Considers, in order to ensure trust in digital services, that increased resources from the public and private sector are required to strengthen the security of IT systems, critical infrastructure and online networks and the encryption of communication, to improve cyber-attack prevention and to increase knowledge of basic security processes among users of digital services; calls for the harmonised EU response in the area of cybersecurity;
Amendment 930 #
2015/2147(INI)
Motion for a resolution
Paragraph 26
Paragraph 26
26. Considers, in order to ensure trust in digital services, that increased resources from the public and private sector are required to strengthen the security of IT systems and online networks and the encryption of communication, to improve cyber-attack prevention and to increase knowledge of basic security processes among users of digital services; stresses that it is vital to enhance trust in particular in public digital services through promoting good practices and the benefits for citizens and businesses;
Amendment 957 #
2015/2147(INI)
Motion for a resolution
Paragraph 26 a (new)
Paragraph 26 a (new)
26a. Considers that the rights and duties of all operators of the digital value chain should be clarified through the application of a duty of care principle, which should apply to online intermediaries;
Amendment 12 #
2015/2113(INI)
Motion for a resolution
Citation 32 a (new)
Citation 32 a (new)
– having regard to Directive 2014/24/EU of the European Parliament and of the Council of 26 February 2014 on public procurement and repealing Directive 2004/18/EC,
Amendment 35 #
2015/2113(INI)
Motion for a resolution
Recital B
Recital B
B. whereas the Member States are exclusively competent for defining their energy mix, and the Commission must not encroach upon this competence by passing EU laws thashall assure that EU legislation does not discriminate against certain energy resources to the advantage of others;
Amendment 87 #
2015/2113(INI)
Motion for a resolution
Recital E
Recital E
E. whereas the future vision of the Energy Union must be one in which Member States recognise that they depend on each other to deliver secure, competitive and sustainable energy to their citizens, based on true solidarity and trust, and in which the Energyuropean Union speaks with one voice in global affairs;
Amendment 99 #
2015/2113(INI)
Motion for a resolution
Recital F
Recital F
F. whereas EU energy and climate policies must complement each another, and their objectives must reinforce rather than undermine one another; the Energy Union should therefore complement European reindustrialisation targets, boost the transition to a low-emissicarbon economy and enhance the global competitiveness of the European economy, while effectively avoiding any threat of carbon leakage;
Amendment 166 #
2015/2113(INI)
Motion for a resolution
Recital P
Recital P
P. whereas 30 million European jobs are at risk owing to the US shale gas boom, as energy-intensive industries move operations to the US, where energy costs are far lower and where regulation of greenhouse gas emissions is less restrictive;
Amendment 210 #
2015/2113(INI)
Motion for a resolution
Recital U a (new)
Recital U a (new)
Ua. whereas the multiple benefits of energy efficiency, notably in buildings, shall be recognized, such as improved energy security through a decreased dependency on imports, increased energy savings, lower energy bills, increased competitiveness, job creation;
Amendment 280 #
2015/2113(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Calls on the Commission and the Member States to actively pursue the diversification of supply (energy sources, suppliers and routes); to this end, calls on the Commission to promote the construction of the relevant energy infrastructure priority corridors, as specified in Annex I to the trans-European energy networks (TEN-E) regulation and Part II of the Annex I to the Connecting Europe Facility (CEF) regulation, such as the Southern Gas Corridor, with a special focus on Member States with high dependency; calls on the Commission to prioritize the existing internal capacities including indigenous energy resources;
Amendment 298 #
2015/2113(INI)
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Supports actions aimed at developing strategic energy partnerships with key producing countries which are currently supplying gas to the EU or may do so in the future; invites the Commission to intensify dialogue with Norway and producing countries from the Southern Gas Corridor, North Africa and Eastern Mediterranean areas, and dedicate special attention to other LNG producing countries such as, among others, USA, Canada and Australia;
Amendment 321 #
2015/2113(INI)
Motion for a resolution
Paragraph 6
Paragraph 6
6. Notes that, in the context of the future Energy Union, security of energy supply isand competitiveness are the most pressing issues and that Member States must coordinate and cooperate in this respect with their neighbours when developing their energy policies; calls on the Commission, in this respect, to examine how the current architecture of national preventive and emergency response measures could be streamlined at both regional and EU level;
Amendment 360 #
2015/2113(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. Stresses that greater transparency of intergovernmental agreements could be achieved by strengthening the role of the Commission in energy-related negotiations involving one or more Member States and third countries, including by having the Commission participate in those negotiations if there is a risk of abuse of a dominant position by one supplier; notes that furthermore the Commission should carry out ex-ante and ex-post assessments and draw up both a positive and a negative list of agreement clauses, such as export ban and, destination clauses, take-or-pay clauses and oil indexation of gas pricing;
Amendment 388 #
2015/2113(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Calls on the Commission to prepare draft contract templates and guidelines including an indicative list of abusive clauses in order to create a reference for competent authorities and companies in their contracting activities; furthermore calls on the Commission to publish quarterly assessments of the average import prices;
Amendment 493 #
2015/2113(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Calls on the Commission, and in particular DG TRADE, to comaintainue to press for a dedicated the goal of dedicating a separate energy chapter within the Transatlantic Trade and Investment Partnership (TTIP), with a view to removing US export restrictions on both crude oil and liquefied natural gas (LNG) and eliminating protectionist measures;
Amendment 559 #
2015/2113(INI)
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21a. Stresses that ensuring low energy prices for the final consumer is necessary to maintain the competitiveness of European industry, to create more jobs and to ensure economic growth;
Amendment 662 #
2015/2113(INI)
Motion for a resolution
Paragraph 25 b (new)
Paragraph 25 b (new)
25b. Stresses the importance of ensuring a sound, stable and predictable regulatory framework which will enable long-term commitments and which is necessary to deliver new investments in energy infrastructure;
Amendment 787 #
2015/2113(INI)
Motion for a resolution
Paragraph 30 a (new)
Paragraph 30 a (new)
30a. Calls on the Commission and the Member states to encourage innovations in the building sector in order to improve the energy efficiency of buildings;
Amendment 937 #
2015/2113(INI)
Motion for a resolution
Paragraph 38 a (new)
Paragraph 38 a (new)
38a. Calls on the European Commission to safeguard the competitiveness of the energy intensive industries by taking into account both direct and indirect carbon costs and changing production levels thus ensuring long term planning security for industrial investments.
Amendment 10 #
2015/2108(INI)
Motion for a resolution
Paragraph 1
Paragraph 1
1. Acknowledges that renewable energy and increased energy efficiency leading to energy savings are criticalimportant means for a stable, secure, and independent and democratic energy system for the EU, which generates high- quality jobs and wealth within a future- oriented sustainable economy; underlines that a higher degree of electricity interconnectivity and smart grids are necessary for developing such a system;
Amendment 13 #
2015/2108(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
Amendment 20 #
2015/2108(INI)
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Recognises that electricity interconnection is a precondition for completing an integrated EU internal electricity market, which, if well designed, will help to achieve our climate objectives and improve the competitiveness of European businesses, as well as EU's geopolitical position through greater energy security and independence, as well as reduce energy isolation; stresses that the electricity interconnectors also need to be tackled, planned and executed through strong coordinated regional cooperation with respect for the national competences to determine energy mix;
Amendment 30 #
2015/2108(INI)
Motion for a resolution
Paragraph 4
Paragraph 4
4. Notes that, according to the European Network of Transmission System Operators for Electricity (ENTSO-E), investments in the necessary interconnection projects of pan-European significance could be as high as EUR 150 billion by 2030, and notes with interest that for each euro invested in the network, electricity prices could be mitigated by EUR 2; notes that independent studies show that with similar investment in the network infrastructure, Europe could cover a large share of its electric load with renewable energy sources1 ; __________________ 1 ‘powE[R] 2030 – A European grid for ¾ renewable electricity by 2030’, Greenpeace, 2014.
Amendment 58 #
2015/2108(INI)
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Stresses the importance of open access and availability of the interconnectors to overcome the remaining barriers for the functioning of the European electricity market; urges the European Commission and national regulators to ensure transparency and close monitoring of the availability of the interconnectors to prevent any unjustified bottlenecks, in addition to the quantitative target of 10 %;
Amendment 63 #
2015/2108(INI)
Motion for a resolution
Paragraph 6
Paragraph 6
6. Notes that the frequently congested transmission networks might be linked to cross-border lines but might also be due to weak internal gridavailability of national networks; insists that a holistic approach should be taken when assessing the need for, and the priority of, reinforcement / extension, taking into account both cross-border and national connections, in particular the real use of the existing interconnection lines and the availabilcapacity of existing national infrastructure;
Amendment 69 #
2015/2108(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Stresses the role of the European Commission as guardian of a decentralisn unbundled and accessible electricity system, as well as free competition and equal access to the market; in which Member States shall grantenable access to smaller suppliers to the grid in accordance with fair market rules;
Amendment 83 #
2015/2108(INI)
Motion for a resolution
Paragraph 8
Paragraph 8
8. Regrets the lackEmphasizes the importance of a transparent decision-making process leading to the establishment of the projects of common interest (PCI) list; regrets further the predominant role of ENTSO-E, transmission system operators (TSOs) and project promoters in the development of a harmonisn aligned cost-benefit analysis methodology, in preparing the ten- year network development plans and the network codes, and in evaluating the costs and benefits of each project; recalls the need to provide complete assessments including social and environmental impacts; calls on the Commission, the Agency for the Cooperation of Energy Regulators (ACER) and national regulators to play a more proactive role in order to develop a moreensure a neutral, transparent and democraticinclusive consultative process, including the effective participation of Parliament and giving voting status to civil society representatives accordance also with the Infrastructure Regulation, including the effective involvement of the European Parliament; calls on the Commission to assess the situations in which the use of best available technology (BAT) could be established as a preconditiondominant parameter for granting EU funds to projects;
Amendment 93 #
2015/2108(INI)
Motion for a resolution
Paragraph 9
Paragraph 9
Amendment 98 #
2015/2108(INI)
Motion for a resolution
Paragraph 10
Paragraph 10
10. Recalls that projects on the PCI list benefit from preferential regulatory treatment, fast-track planning, a binding time limit of 3.5 years for the granting of a permit and faster environmental assessment procedures, and may also be eligible for extra funding under the Connecting Europe Facility (CEF) and the European Fund for Strategic Investments (EFSI);
Amendment 99 #
2015/2108(INI)
Motion for a resolution
Paragraph 10 a (new)
Paragraph 10 a (new)
10a. Stresses that the lengthy permit granting procedure is a major challenge for new high-voltage lines in Europe; and calls on Member States to facilitate speedier processes;
Amendment 102 #
2015/2108(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Recognises that public awareness and support is essential to ensure fast implementation of interconnector projects; acknowledges that democraticinclusive processes and environmental standards must not be undermined when building new power lines; calls on the project promoters to use BAT for new interconnectors in order to reduce conflictsensure coherence between project investments in the grids and environmental impactsustainability;
Amendment 108 #
2015/2108(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Stresses that the implementation of a ‘one-stop shop' approach contributes to shortening the permit granting procedures; recalls that the TEN-E Regulation requires each Member State to designate a National Competent Authority responsible for facilitating, shortening and coordinating the permit process at national level; bwelieves that an interconnected electricity market needs a singlcomes in this respect the evaluation of the ‘"one-stop -shop' at EU level and asks the Commission to make a proposal, legislative if necessary, in this regard"-approach by the European Commission to take place in 2017 and encourages the Commission in this framework to assess the benefits of a single 'one-stop shop' at EU level;
Amendment 110 #
2015/2108(INI)
Motion for a resolution
Paragraph 12 a (new)
Paragraph 12 a (new)
12a. Calls on the European Commission to provide ACER with the adequate competences and powers to gather the necessary information on each individual cross-border transmission capacity as to allow ACER to fulfil its monitoring responsibilities effectively;
Amendment 113 #
2015/2108(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Notes the underRecalls the importance of sufficient staffing and lack of resources of ACER; asks the EU budgetary authority to provide the agency with the necessary resources, in particular sufficient own staff, in order to allow the agency to fulfil the tasks assigned to it by legislation; calls for ACER's role to be strengthened, in particular in relation to ENTSO-E;
Amendment 119 #
2015/2108(INI)
Motion for a resolution
Paragraph 14
Paragraph 14
14. NotStresses the underimportance of sufficient staffing and/or lack of independence of a number of national energy regulators; calls on the Commission to carry out an independent audit by the end of 2016 at the latest on the resources available to, and the degree of independence achieved so far by, all national energy regulators, including the identification of recommendations on how to improve the situation;
Amendment 122 #
2015/2108(INI)
Motion for a resolution
Paragraph 15
Paragraph 15
15. Notes that there is still a lack ofneed for increased transparency with regard to the calculation of cross-border capacities made available to the market and the frequency, magnitude and reasons of curtailment on interconnectors; doubts, in this context, that most of the significant curtailments are fully addressed; asks the Commission to provide ACER with the adequate competences and powers to gather the necessary information on each individual cross-border transmission capacity so as to allow ACER to fulfil its monitoring responsibilities effectivelywelcomes in this respect the swift conclusion of the Network Codes in order to tackle these issues;
Amendment 129 #
2015/2108(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
16. Supports the Commission's recommendation that the CEF be concentrated on a few key projects; considers that adequate EU financing should alsocontinue be made available also beyond 2020 to support the implementaconstruction of non-commercially viable electricity connection projects necessary to ensure the functioning of the internal energy market; stresses the importance of the EIB in supporting investors in commercially viable electricity infrastructure projects; notes the establishment of the European Fund for Strategic Investments and encourages the Commission to ensure that the fund effectively attracts investments in electricity interconnection projects;
Amendment 133 #
2015/2108(INI)
Motion for a resolution
Paragraph 16
Paragraph 16
16. Supports the Commission's recommendation that the CEF be concentrated on a few key projects including those with third countries; considers that adequate EU financing should also be made available beyond 2020 to support the implementation of non- commercial electricity connection projects necessary to ensure the functioning of the internal energy market, as well as with neighbouring countries; stresses the importance of the EIB in supporting investors in commercially viable electricity infrastructure projects; notes the establishment of the European Fund for Strategic Investments and encourages the Commission to ensure that the fund effectively attracts investments in electricity interconnection projects;
Amendment 136 #
2015/2108(INI)
Motion for a resolution
Paragraph 17
Paragraph 17
17. Urges the Commission, furthermore, to: 1) encourage investments in the best available technology, which, while costlier, offers considerable financial advantages as well as time savings in the long run; 2) conduct a review of the financing rules with the aim of streamlining the existing mechanisms and highlighting the principle that wealthier Member States are responsible for projects involving their countries, while EU financial support should be used in countries facing greater challenges; and 3) strengthen incentives for further investments in the grid by, inter alia, introducing a requirement for profits made from transmission congestion rent to be reinvested in additional interconnectors3) strengthen incentives for further investments in the grid;
Amendment 150 #
2015/2108(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Notes that planned interconnectors are expected to allow the Baltic States to reach the 10 % goal by 2015; is concerned that the Baltic States' networks are still synchronised with and dependent on the Russian electricity system, which is an impediment for a truly integrated and properly functioning European electricity market; calls for a rapid synchronisation of the Baltic States' electricity networks' synchronisation with the Continental European Network before 2025 in order to ensure full integration in the EU internal electricity market and, a higher security of electricity supply and secure system operation; asks the Member States concerned to take the necessary steps to initiate and ENTSO-E to launch a formal procedure for synchronous system extension towards Baltic countries; invites the European Commission to support and monitor the implementation of this project; highlights the common Nordic power market as a best practice for cooperation between Member States in creating and developing electricity market; acknowledges the importance of higher interconnectivity between Poland and the Nordic electricity market in order for Poland to reach its 10 % target; welcomes the signature of the Memorandum of Understanding on reinforced BEMIP, underlines that regional cooperation through BEMIP shall continue and solidarity between Member States in implementing PCIs further enhanced;
Amendment 163 #
2015/2108(INI)
Motion for a resolution
Paragraph 20
Paragraph 20
20. Stresses that South-Eastern Europe (SEE) is endowed with a vast – and largely untapped – potential in terms of renewablrgy sources; notes that cooperation and coordination on long-term planning and building of a SEE regional grid infrastructure must go beyond the EU in order to include non-EU Western Balkan countries and Turkey; calls for the establishment of a new platform where all key stakeholders in the region could discuss and provide political backing to joint projects designed to fully exploit the region's renewables-based electricity potential; e.g. in terms of renewables; recognises that the EU's Central East South Europe Gas Connectivity High Level Group, established in February 2015, could become such a platform, provided its mandate is expanded to include the electricity domain and involvement of SEE's non-EU countries; acknowledges that the platform would enable the Commission to provide leadership and political support;
Amendment 171 #
Amendment 173 #
2015/2108(INI)
Motion for a resolution
Paragraph 20 a (new)
Paragraph 20 a (new)
20a. Stresses the importance of a new electricity interconnection between European and North African markets, in particular via Italy and Tunisia, in view of increasing security of supply and developing renewables in both regions.
Amendment 179 #
2015/2108(INI)
Motion for a resolution
Paragraph 21
Paragraph 21
21. Stresses the importance of more interconnection between Spain and France to support the renewables inan integrated European market and reinforce the rnegionotiating capacity of the EU, whilst minimising problems and delays by using the BAT in order to preserve the environment and still increase interconnectivity; notes the Madrid Declaration, signed on 4 March 2015, and the establishment of a High Level Group on Interconnections for South-West Europe as an important steps towards increasing the region's interconnectivity; recognizes that the projects included in the current PCI list are not sufficient to achieve the 10% target in 2020 and, therefore, calls for the inclusion of new projects in the PCI list as soon as possible;
Amendment 193 #
2015/2108(INI)
Motion for a resolution
Paragraph 22
Paragraph 22
22. Notes that Europe's energy system has evolved since 2002, when the 10 % electricity interconnection target was originally set – in particular, renewable energy sources have been developed across the continent; question; recommends in this context athat an EU-wide 15 % target based on installed capacity for 2030 does not stand alone; asks the Commission, therefore, to assess the setting of regional, complementary targets and to find better qualitative and quantitative benchmarks, such as trade flows, peak flows and bottlenecks, that highlight how much interconnection is needed;
Amendment 198 #
2015/2108(INI)
Motion for a resolution
Paragraph 23
Paragraph 23
23. Stresses the need to derive a futurepromote further electricity interconnection target from thein order to support EU's long-term climate goals as well as from a sustainable energy system that the EU is looking forin EU; notes in this context that the degree of interconnection required will depend ion particular on whether: a) the EU is serious in applying theseveral parameters, including: a) the development of national energy mix, b) the application in national and EU policy of ‘energy efficiency first' principle and more demand-side response measures, b)c) the development of smart grids and decentralised renewables-based electricity and its correlated smart grids are further, d) developed, c)ment of energy storage technologies – including at household orand municipality levels – are developed, d) grids are optimised and use th, e) the use best available technologies, ef) peoplthe are given a higher rocognition of the European people as prosumers in the energy system, and fg) athe creation of clear incentives for investments in the grids is created;
Amendment 3 #
2015/2106(INI)
Motion for a resolution
Citation 15
Citation 15
Amendment 20 #
2015/2106(INI)
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Is concerned by the complexity of the regulation which is often multi-layered with diverging and contradicting outcomes; calls on the Commission to carry out an in-depth assessment of the compliance costs of the financial regulation, in particular for SMEs and start-ups, with a view at reducing these costs where appropriate;
Amendment 21 #
2015/2106(INI)
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Stresses that the aim of EU Financial Regulation should be to serve the real economy; believes, for this reason, that regulation should be coherent and proportionate;
Amendment 22 #
2015/2106(INI)
Draft opinion
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Points out that the real economy remains heavily reliant on banks which makes economy vulnerable to a tightening of bank lending; believes that alternative sources of financing should be found, in particular by strengthening the recourse to venture capital;
Amendment 32 #
2015/2106(INI)
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Underlines the important role of banks as intermediaries in capital markets; highlights that financial intermediation is key in order to properly assess the risks and the needs of potential investors;
Amendment 36 #
2015/2106(INI)
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Recalls that the lack of information on the financial situation of SMEs is one of the major barriers to investment in this type of companies; calls on the Commission for an in-depth reflection on the ways and means to improve investors' access to transparent and comparable data on SMEs; believes that the development of a dedicated database to collect, on a voluntary basis, financial information on SMEs and start-ups could be a useful tool to provide information to investors;
Amendment 48 #
2015/2106(INI)
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Acknowledges the fact that the on- going financial and debt crisis has led to unprecedented negative consequences, in particular on the real economy and taxpayers savings; welcomes, in this context, the financial regulation promoted by the European Commission in the last five years which has strengthened Europe’s financial architecture for future crises;
Amendment 50 #
2015/2106(INI)
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Believes that access to finance, in particular for SMEs, is key for economic growth and job creation; points out that profitable banks as well as efficient capital markets are a precondition for access to finance;
Amendment 53 #
2015/2106(INI)
Motion for a resolution
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Points out that the real economy remains heavily reliant on banks which makes the economy vulnerable to a tightening of bank lending; believes that alternative sources of financing should be found, in particular by strengthening the recourse to venture capital;
Amendment 64 #
2015/2106(INI)
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Calls on the Commission to take into account the different economic and cultural structures of SMEs among Member States in its policy initiatives for the implementation of a Capital Markets Union;
Amendment 66 #
2015/2106(INI)
Draft opinion
Paragraph 5 b (new)
Paragraph 5 b (new)
5b. Points out that private equity and venture capital offer interesting alternatives for financing, in particular for start-ups; calls on the Commission to develop additional instruments building on the experience done with the European Venture Capital Funds and the European Social Entrepreneurship Funds;
Amendment 70 #
2015/2106(INI)
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Notes that legislation is not always the most appropriate policy response and that non-legislative and market-based approaches should be duly taken into account;
Amendment 88 #
2015/2106(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Believes that an effective and efficient EU financial services regulation should be coherent, consistent (also on a cross- sectoral basis), proportionate, and free of superfluous complexity in order to avoid legal uncertainty, regulatory arbitrage and high transaction costs; believes that it should enable intermediaries to fulfil their role in funding the real economy and serve savers and investors; considers that it should contribute to the single market and focus on goals better achievable at European level;
Amendment 143 #
2015/2106(INI)
Motion for a resolution
Paragraph 10
Paragraph 10
Amendment 231 #
2015/2106(INI)
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Welcomes the Commission report on the ESA and its recognition for short-term and medium-term improvements in their functioning; believes that ESAs’ lack sufficient resources to fulfil their tasks, in particular as regards the implementation of consumer protections obligations; points out that sufficient time should be given to carry out complex consultation procedures concerning often wide- reaching Level 2 measures;
Amendment 298 #
2015/2106(INI)
Motion for a resolution
Paragraph 23 a (new)
Paragraph 23 a (new)
23a. Believes that a European approach to financial regulation and the Capital markets Union should duly take into account international developments in order to avoid unnecessary divergences and duplications in legislation and keep Europe as an attractive place for international investors; stresses that the regulatory dialogue with the U.S. should be further strengthened; reiterates, in this context, that financial services regulatory matters should be included in the negotiations on TTIP;
Amendment 367 #
2015/2106(INI)
Motion for a resolution
Paragraph 35 a (new)
Paragraph 35 a (new)
35a. Calls on the Commission to integrate its proposals for a Capital Markets Union with other policy agendas, such as the development of a digital single market and on-going reforms in the field of company law and corporate governance; believes further that the Commission should take the newest technological developments into account in its initiatives for the implementation of a Capital Markets Unions;
Amendment 397 #
2015/2106(INI)
Motion for a resolution
Paragraph 42 a (new)
Paragraph 42 a (new)
42a. Stresses the importance of performing detailed impact assessments and cost-benefit analyses for any future legislation in order to demonstrate the added-value of legislation, in particular as regards economic growth and job creation; underlines that impact assessments and cost-benefit analyses should include thorough evaluations of the impact of Level-2 measures which form a significant part of the EU financial regulatory framework;
Amendment 93 #
2015/2095(INI)
Motion for a resolution
Recital F a (new)
Recital F a (new)
Fa. whereas, on 4 February 2016, only 279 of the 39 600 asylum seekers awaiting reassignment from Italian reception facilities to other Member States had actually been relocated, while in the case of Greece 266 out of the 66 400 projected relocations had actually taken place;
Amendment 758 #
2015/2095(INI)
Motion for a resolution
Paragraph 49
Paragraph 49
49. Acknowledges that, in the light of the fact that, in 2014, 36 % of third country nationals who were ordered to leave the Union were effectively returned, there is a need to improve the effectiveness of the Union’s return system, also by concluding new readmission agreements, in particular with African countries, that should be added to the 17 agreements already drawn up by the EU;
Amendment 1039 #
2015/2095(INI)
Motion for a resolution
Paragraph 86 a (new)
Paragraph 86 a (new)
86a. The Union should make the allocation of economic resources for international cooperation projects to assist developing countries conditional upon the full and effective cooperation of those countries with regard to the control of outgoing migration flows and the return of migrants who are denied political asylum or other forms of international protection;
Amendment 1096 #
2015/2095(INI)
Motion for a resolution
Paragraph 92 a (new)
Paragraph 92 a (new)
92a. Calls on the European Council to consider military intervention in Libya and Syria, under the auspices of the United Nations, with the aim of combating ISIS and human traffickers in order to stem outgoing migration flows;
Amendment 29 #
2015/2010(INL)
Motion for a resolution
Recital E a (new)
Recital E a (new)
Ea. whereas the European Union has made major steps towards economic integration such as the Economic and Monetary Union as well as the Banking Union and that a Fiscal Union should be the next step in the European integration process;
Amendment 43 #
2015/2010(INL)
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Acknowledges that the loopholes and mismatches between 28 national tax systems are being exploited by some companies to use aggressive tax planning and abusive tax practices, that erode Member States' revenues and undermine fair burden sharing between taxpayers and fair competition for business, in particular for SMEs, family businesses, self-employed people and liberal professions;
Amendment 46 #
2015/2010(INL)
Motion for a resolution
Recital J
Recital J
J. whereas the loss arising from BEPS also demonstrates the lack of a level playing- field between those companies which operate only in one country, in particular SMEs, family business, self-employed people and liberal professions, and pay their taxes there, and certain multinational companies which are able to shift profits from high tax to low tax jurisdictions and engage in aggressive tax planning, thereby reducing their overall tax base and placing additional pressure on public finances;
Amendment 50 #
2015/2010(INL)
Draft opinion
Paragraph 3 b (new)
Paragraph 3 b (new)
3b. Believes that tax rulings are crucial to ensure legal certainty and business friendly environment for tax payers, for their daily work and for their investments strategy;
Amendment 69 #
2015/2010(INL)
Motion for a resolution
Recital P
Recital P
P. whereas the lack of coordinated tax policies in the Union leads to significant cost and administrative burden for citizens and businesses operating cross-border within the Union, and results in unintended non-taxation or facilitates aggressive tax planning; recalls at the same time that there are still cases of double taxation that must be eliminated; urges in this respect the adoption of more transparent and simpler solutions;
Amendment 75 #
2015/2010(INL)
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Stresses that a precondition to establish economic stability in the Union on the long term is the achievement of a Fiscal Union;
Amendment 81 #
2015/2010(INL)
Motion for a resolution
Recital S a (new)
Recital S a (new)
Sa. whereas a harmonised taxation system across the European Union would allow to tackle unfair competition and enhance the competitiveness of Union companies, in particular SMEs;
Amendment 84 #
2015/2010(INL)
Draft opinion
Paragraph 6 b (new)
Paragraph 6 b (new)
6b. Calls on the Commission to create a harmonised taxation system in all Member States, and across the Union as a whole, in view of fighting unfair competition and enhancing the competitiveness of EU companies;
Amendment 87 #
2015/2010(INL)
Draft opinion
Paragraph 6 c (new)
Paragraph 6 c (new)
6c. Urges the Commission to bring forward as soon as possible a legislative proposal for the introduction of a Common Consolidated Corporate Tax Base to improve the business environment and to combat tax avoidance in the EU;
Amendment 88 #
2015/2010(INL)
6d. Calls on the Commission to negotiate tax agreements with third countries on behalf of the EU in order to have a coherent unified stance in tackling tax evasion;
Amendment 89 #
2015/2010(INL)
Draft opinion
Paragraph 6 e (new)
Paragraph 6 e (new)
6e. Calls on the Commission to bring forward a proposal to establish criteria to define 'tax havens' in EU; stresses that the lack of a common definition distorts the EU single market causing legal uncertainty.
Amendment 197 #
2015/2010(INL)
Motion for a resolution
Recital V – point ix
Recital V – point ix
(ix) whereas the current Union framework on double taxation dispute resolution between Member States does not work effectively and would benefit from clearer rules and more stringent timelines; calls, in this regard, for the use of tax credit for taxes paid abroad to be simplified through an automatic exchange of information between the tax authorities involved in the taxation, whilst at the same time encouraging SMEs, self-employed workers and the liberal professions to expand their businesses beyond national borders;
Amendment 211 #
2015/2010(INL)
Motion for a resolution
Recital X a (new)
Recital X a (new)
Xa. whereas mismatches between different tax systems across the Union distort the functioning of the internal market;
Amendment 116 #
2015/0226(COD)
Proposal for a regulation
Recital 3
Recital 3
(3) The European Union does not intend to weakaims to strengthen the legislative framework implemented after the financial crisis to address the risks inherent in highly complex, opaque and risky securitisation. It is essential to ensure that rules are adopted to better differentiate simple, transparent and standardised products from complex, opaque and risky instruments and apply a more risk-sensitive prudential framework.
Amendment 2 #
Amendment 191 #
2015/0149(COD)
Proposal for a regulation
Recital 4
Recital 4
(4) It is appropriate to replace Directive 2010/30/EU by a Regulation which maintains the same scope, but modifies and enhances some of its provisions in order to clarify and update their content. A Regulation is the appropriate legal instrument as it imposes clear and detailed rules which do not give room for divergent transposition by Member States and ensures thus a higher degree of harmonisation across the Union. A harmonised regulatory framework at Union rather than at Member State level brings down costs for manufacturers and ensures a level playing field. Harmonisation across the Union ensures the free movement of goods across the Single Market. As the energy consumption of means of transport for persons or goods is directly or indirectly regulated by other Union legislation and policies, it is appropriate to continue to exempt them from the scope of this Regulation. This exemption includes means of transport whose motor stays in the same location during operation, such as elevators, escalators and conveyor belts.
Amendment 195 #
2015/0149(COD)
Proposal for a regulation
Recital 4 a (new)
Recital 4 a (new)
(4a) It is appropriate to exempt second hand products from this Regulation, which includes all those products that have been put into service before being made available on the market for a second or additional time.
Amendment 205 #
2015/0149(COD)
Proposal for a regulation
Recital 8
Recital 8
(8) The conclusions of the European Council of 23 and 24 October 2014 set an indicative target at Union level of at least 27% for improving energy efficiency in 2030 compared to projections of future energy consumption. This target will be reviewed by 2020 having in mind an Union level of 30%. They also set a binding EU target of at least 40% domestic reduction in greenhouse gas emissions by 2030 compared to 1990, including a 30% reduction of emissions in non-ETS sectors.
Amendment 210 #
2015/0149(COD)
Proposal for a regulation
Recital 9
Recital 9
(9) The provision of accurate, relevant and comparable information on the specific energy consumption of energy-related products facilitates the customer's choice in favour of those products which consume less energy and other essential resources during use. A standardised mandatory label is an effective mean to provide potential customers with comparable information on the energy consumptionefficiency of energy-related products. It should be supplemented with a product information sheet, which may be made available electronically. The label should be easily recognisable, simple and concise. To this end the existing dark green to red colour scale of the label should be retained as the basis to inform customers about the energy efficiency of products. A classification using letters from A to G has shown to be most effective for customers. In situations where because of ecodesign measures under Directive 2009/125/EC products can no longer fall into classes 'F' or 'G', those classes should not be shown on the label. For exceptional cases this should also be extended to the 'D' and 'E' classes, although this situation is unlikely to occur given that the label would be rescaled once a majority of product models falls into the top two classes.
Amendment 229 #
2015/0149(COD)
Proposal for a regulation
Recital 10
Recital 10
(10) Advances in digital technology allow for alternative ways of delivering and displaying labels electronically, such as on the internet, but also on electronic displays in shops. In order to take advantage of such advances, this Regulation should allow the use of electronic labels as replacement of or complementary to the physical energy label. In cases where it is not feasible to display the energy label, such as certain forms of distance selling and in advertisements and technical promotional material, potential customers should be provided at least with the energy class of the product. Technical promotional material does not include advertisements in billboards, magazines and newspapers, radio or television broadcasting and similar online formats.
Amendment 238 #
2015/0149(COD)
Proposal for a regulation
Recital 11
Recital 11
(11) Manufacturers respond to the energy label by creating ever more efficient products. This technological development leads to products populating mainly the highest classes of the energy label. Further product differentiation may be necessary to allow customers a proper comparison, leading to the need to rescale labels. For the frequency of such rescaling a timescale of approximately ten years would be appropriate, taking into account the need to avoid over burdening manufacturers. This Regulation should therefore lay down detailed arrangements for rescaling in order to maximise legal certainty for suppliers and dealers. A newly rescaled label shouldmay have an empty top classes to encourage technological progress and enable ever more efficient products to be developed and recognised. When a label is rescaled, confusion to customers should be avoided by replacing all energy labels within a short timeframmaking the newly introduced label easily distinguishable from the old label by its visual appearance.
Amendment 251 #
2015/0149(COD)
Proposal for a regulation
Recital 12
Recital 12
Amendment 262 #
2015/0149(COD)
Proposal for a regulation
Recital 15
Recital 15
(15) In order to ensure legal certainty, it is necessary to clarify that rules on Union market surveillance and control of products entering the Union market provided for in Regulation (EC) No 765/2008 of the European Parliament and of the Council21 apply to energy-related products. Given the principle of free movement of goods, it is imperative that the market surveillance authorities of the Member States cooperate with each other effectively. Such cooperation, in particular in the framework of the Energy Labelling Administrative Cooperation Working Group (ADCO) on energy labelling should be reinforced through support by the Commission. __________________ 21 OJ L 218, 13.8.2008, p. 30. OJ L 218, 13.8.2008, p. 30.
Amendment 269 #
2015/0149(COD)
Proposal for a regulation
Recital 16
Recital 16
Amendment 293 #
2015/0149(COD)
Proposal for a regulation
Recital 20
Recital 20
(20) TBased on the scope of this regulation, the Commission should provide a working plan for the revision of labels of particular products including an indicative list of further energy-related products for which an energy label could be established. The working plan should be implemented starting with a technical, environmental and economic analysis of the product groups concerned. This analysis should also look at supplementary information including the possibility and cost to provide consumers with information on the performance of an energy-related product, such as , upon which the Council and the European Parliament should be continuously formally informed by the Commission, should be implemented starting witsh absolute energy consumption, durability or environmental performance, in coherence with the objective to promote a circular economy technical, environmental and economic analysis of the product groups concerned. Such supplementary information should improve the intelligibility and effectiveness of the label towards consumers and should not lead to any negative impact on consumers.
Amendment 300 #
2015/0149(COD)
Proposal for a regulation
Recital 21
Recital 21
Amendment 304 #
2015/0149(COD)
Proposal for a regulation
Article 1 – paragraph 1
Article 1 – paragraph 1
1. This Regulation lays down a framework on the indication by labelling and standard product information of the consumption of energyenergy- efficiency of energy-related products and other resources consumption of energy by energy- related products during use and supplementary information concerning energy-related products in order to allow customers to choose more efficient products.
Amendment 313 #
2015/0149(COD)
Proposal for a regulation
Article 1 – paragraph 2 – point b
Article 1 – paragraph 2 – point b
(b) Means of transport for persons or goods other thanincluding those operated by a stationary motor.
Amendment 314 #
2015/0149(COD)
Proposal for a regulation
Article 1 – paragraph 2 – point b a (new)
Article 1 – paragraph 2 – point b a (new)
(ba) Capital goods
Amendment 320 #
2015/0149(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 6
Article 2 – paragraph 1 – point 6
(6) 'Manufacturer' means any natural or legal person who manufactures an energy- related product or has such a product designed or manufactured, and markets that energy- related product under his name or trademark;
Amendment 321 #
2015/0149(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 9
Article 2 – paragraph 1 – point 9
(9) ‘Dealer’ means a retailer or other person who sells, hires, offers for hire purchase or displays products to customersis the natural or legal person in the supply chain, other than the manufacturer or importer, who makes an energy-related product available on the market;
Amendment 329 #
2015/0149(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 11
Article 2 – paragraph 1 – point 11
(11) ‘Energy-related product’' means any good or system or service withhaving an impact on energy consumption during use, which is placed on the market and/or put into service in the Union, including parts intended to be incorporated into energy-related products covered by this regulation which are placed on the market and/or put into service as individual parts for customers and of which the environmental performance can be assessed independently;
Amendment 330 #
2015/0149(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 11
Article 2 – paragraph 1 – point 11
(11) ‘Energy-related product’ means any good or system or service with an impact on energy consumption during use, which is placed on the market and put into service in the Union, including parts intended to be incorporated into energy-related products covered by this regulation which are placed on the market and put into service as individual part for customers and of which energy performance can be assessed independently;
Amendment 344 #
2015/0149(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 13
Article 2 – paragraph 1 – point 13
(13) ‘Label’ means a graphic diagram, in printed or electronic form, including a classification using letters from A to G in seven different colours from dark green to red in order to show energy efficiency and consumption of energy;
Amendment 350 #
2015/0149(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 18
Article 2 – paragraph 1 – point 18
(18) 'Rescale' means a periodicn exercise to make more stringent the requirements for achieving the energy class on a label for a particular product, which, for existing labels may imply the deletion of certain energy classes;
Amendment 362 #
2015/0149(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 20
Article 2 – paragraph 1 – point 20
(20) 'Supplementary information' means information on the functional and environmental performance of an energy- related product, such as its absolute energy consumption or durability, which is based on data that are measurable and verifiable by market surveillance authorities, is unambiguous and has no significant negative impact on the clear intelligibility and effectiveness of the label as a whole towards customers.
Amendment 365 #
2015/0149(COD)
Proposal for a regulation
Article 2 – paragraph 1 – point 20 a (new)
Article 2 – paragraph 1 – point 20 a (new)
(20a) 'capital good' means any good which is not intended for consumers or not likely, under reasonably foreseeable conditions, to be used by consumers;
Amendment 374 #
2015/0149(COD)
Proposal for a regulation
Article 3 – paragraph 1 – point a
Article 3 – paragraph 1 – point a
(a) they shall ensure that products placed on the market are providsupplied, free of charge, with accurate printed labels and make available product information sheets, printed or electronically, for each unit in accordance with this Regulation and the relevant delegated acts; delegated acts may provide that the label is printed on the packaging of the product. For product groups where the product consists of several parts or components and the energy efficiency is function of such components, suppliers shall provide labels, free of charge, to dealers at the moment of display.
Amendment 385 #
2015/0149(COD)
Proposal for a regulation
Article 3 – paragraph 1 – point c
Article 3 – paragraph 1 – point c
(c) they shall ensure the accuracy of the labels they provide and product information sheets that they providmake available and produce technical documentation sufficient to enable the accuracy to be assessed by market surveillance authorities;
Amendment 395 #
2015/0149(COD)
Proposal for a regulation
Article 3 – paragraph 1 – point d
Article 3 – paragraph 1 – point d
Amendment 404 #
2015/0149(COD)
Proposal for a regulation
Article 3 – paragraph 2 – point a
Article 3 – paragraph 2 – point a
(a) they shall display in a visible manner, directly on the appliance or in its immediate proximity, the label provided by the supplier or otherwise made available for a product covered by a delegated act;
Amendment 413 #
2015/0149(COD)
Proposal for a regulation
Article 3 – paragraph 2 – point b – introductory part
Article 3 – paragraph 2 – point b – introductory part
(b) they shall, where they do not have a label or a rescaled label, request the label or a rescaled label from the supplier;
Amendment 414 #
2015/0149(COD)
Proposal for a regulation
Article 3 – paragraph 2 – point b – point i
Article 3 – paragraph 2 – point b – point i
Amendment 418 #
2015/0149(COD)
Proposal for a regulation
Article 3 – paragraph 2 – point b – point ii
Article 3 – paragraph 2 – point b – point ii
Amendment 426 #
2015/0149(COD)
Proposal for a regulation
Article 3 – paragraph 2 – point b – point iii
Article 3 – paragraph 2 – point b – point iii
Amendment 434 #
2015/0149(COD)
Proposal for a regulation
Article 3 – paragraph 3 – point a
Article 3 – paragraph 3 – point a
(a) they shall make reference to the energy efficiency class of the product in any advertisement or technical promotional material for a specific model of products in accordance with the relevant delegated act;
Amendment 456 #
2015/0149(COD)
Proposal for a regulation
Article 4 – paragraph 3
Article 4 – paragraph 3
3. Where Member States provide any incentives for an energy-related product covered by this Regulation and specified in a delegated act, these shall aim at least at the highest occupied classes of energy efficiency laid down in the applicable delegated act.
Amendment 460 #
2015/0149(COD)
Proposal for a regulation
Article 4 – paragraph 4
Article 4 – paragraph 4
4. Member States shall ensure that the introduction of labels including rescaled labels and product information sheets is accompanied by educational and promotional information campaigns aimed at promoting energy efficiency and more responsible use of energy by customers, if appropriate in cooperation with dealers. These activities should be coordinated by the European Commission.
Amendment 469 #
2015/0149(COD)
Proposal for a regulation
Article 5 – paragraph 2
Article 5 – paragraph 2
2. The Commission shall support cooperation and exchange of information on market surveillance of energy labelling of products among national authorities of the Member States responsible for market surveillance or external border controls in the framework of the Energy Labelling Administrative Cooperation Working Group (ADCO) and between such authorities and the Commission.
Amendment 486 #
2015/0149(COD)
Proposal for a regulation
Article 6 – paragraph 1
Article 6 – paragraph 1
1. Where the market surveillance authorities of one Member State have sufficient reason to believe that an energy- related product covered by a delegated act under this Regulation presents a risk to aspects of public interest protection covered by this Regulation, they shall carry outdoes not comply with the requirements of the delegated act and therefore presents a risk to aspects of public interest protection, they shall carry out, in accordance with regulation 765/2008/EU, an evaluation in relation to the energy-related product concerned covering all the requirements laid down in this Regulation and its relevant delegated acts. The supplier shall cooperate as necessary with the market surveillance authorities for that purpose.
Amendment 502 #
2015/0149(COD)
Proposal for a regulation
Article 6 – paragraph 3
Article 6 – paragraph 3
3. Where tThe market surveillance authorities consider that non-compliance is not restricted to their national territory, they shall inform the Commission and the other Member States of the results of the evaluation and of the actions which they have required the supplier to take.
Amendment 521 #
2015/0149(COD)
Proposal for a regulation
Article 7 – paragraph 2
Article 7 – paragraph 2
Amendment 529 #
2015/0149(COD)
Proposal for a regulation
Article 7 – paragraph 3
Article 7 – paragraph 3
3. The Commission shall ensure that, when, based on studies on future technical evolution, that a label is only introduced or rescaled, the requirements are laid down so that no products are expected to f when technological progress makes this necessary and shall in genergy classes A or B at the moment of the introduction of the label and so that theally aim for a validity of at least ten years for the introduced or rescaled label. It shall review the label once it estimateds time within which a majority of modelhat 40 percent of the products sold within the Union markets falls into those classes shall be at least ten years latere top energy class and further technological development can be expected soon.
Amendment 550 #
2015/0149(COD)
Proposal for a regulation
Article 7 – paragraph 4
Article 7 – paragraph 4
4. Labels shall be re-scaled periodicallywhen it estimates that 40 % of products sold fall into energy class A and, based upon studies on future potential technical evolution, further technological development can be expected soon.
Amendment 562 #
2015/0149(COD)
Proposal for a regulation
Article 7 – paragraph 5
Article 7 – paragraph 5
Amendment 584 #
2015/0149(COD)
Proposal for a regulation
Article 7 – paragraph 5 a (new)
Article 7 – paragraph 5 a (new)
5a. The design of the rescaled label shall differ visibly from its predecessor. The European Commission shall ensure the development of communication and information campaigns to be rolled out by Member States in accordance with Article 4.4.
Amendment 586 #
2015/0149(COD)
Proposal for a regulation
Article 7 – paragraph 6
Article 7 – paragraph 6
6. Labels introduced by delegated acts adopted in accordance with Article 10 of Directive 2010/30/EU before the date of application of this Regulation shall be considered as labels for the purposes of this Regulation. The Commission shall review those lLabels within five years of the entry into force of this Regulation with a view to rescaling themonce it estimates that 40 percent of the products sold within the Union market fall into the top energy class and further technological development can be expected soon.
Amendment 594 #
2015/0149(COD)
Proposal for a regulation
Article 7 – paragraph 6 a (new)
Article 7 – paragraph 6 a (new)
6a. Labels for products with more than two primary energy sources that need more than 7 classes to achieve differentiation, shall not be subject to the provisions in Article 7.6. Such product groups shall be rescaled when the majority of products, based on items sold in the preceding year, fall in the top energy efficiency class and when additional savings may be achieved by further differentiating products. In exception to Article 2.13, these labels may contain a different number of classes, without changing the dark green to red colour spectrum.
Amendment 599 #
2015/0149(COD)
Proposal for a regulation
Article 8
Article 8
Amendment 624 #
2015/0149(COD)
Proposal for a regulation
Article 10 – paragraph 1
Article 10 – paragraph 1
In the conduct of its activities under this Regulation the Commission shall ensure in respect of each delegated act, a balanced participation of Member States’ representatives (including market surveillance authorities) and interested parties concerned with the product group in question, such as industry, including SMEs and craft industry, trade unions, traders, retailers, importers, environmental protection groups and consumer organisations. For this purpose, the Commission shall establish a Consultation Forum in which these parties shall met. This Consultation Forum may be combined with the Consultation Forum referred to in Article 18 of Directive 2009/125/EC.
Amendment 626 #
2015/0149(COD)
Proposal for a regulation
Article 11 – paragraph 1
Article 11 – paragraph 1
The Commission shall, having consulted the Consultation Forum referred to in Article 10, establish a working plan which shall be made publicly available. The working plan shall set out an indicative list of product groups which are considered as priorities for the adoption of delegated acts. The working plan shall also set out plans for the revision and, where relevant, rescaling of labels of products or product groups. The working plan may be amended periodicCouncil and the European Parliament shally by the Commission after consultation with the Consultation Forum. The working plan may be combined with the working plan required by Article 16 of Directive 2009/125/ECe continuously updated about the working plan and formally notified about any changes to it.
Amendment 632 #
2015/0149(COD)
Proposal for a regulation
Article 12 – paragraph 1
Article 12 – paragraph 1
1. The Commission shall be empowered to adopt delegated acts concerning detailed requirements relating to labels for specific groups of energy-related products ('specific product groups') in accordance with Article 13.
Amendment 633 #
2015/0149(COD)
Proposal for a regulation
Article 12 – paragraph 2 – point a
Article 12 – paragraph 2 – point a
(a) according to the most recently available figures and considering the quantities placed on the Union market, the product group shall have significant potential for saving energy and where relevant, other resourcesused by consumers using products belonging to the product group in the European Union;
Amendment 636 #
2015/0149(COD)
Proposal for a regulation
Article 12 – paragraph 3 – subparagraph 1 – point a
Article 12 – paragraph 3 – subparagraph 1 – point a
(a) the definition of the specific product groups falling under the definition of 'energy-relatedwhich energy-related products, belonging to a product' group set out in Article 2(11) which are to be covered;
Amendment 638 #
2015/0149(COD)
Proposal for a regulation
Article 12 – paragraph 3 – subparagraph 1 – point b
Article 12 – paragraph 3 – subparagraph 1 – point b
(b) the design and content of the label, including a scale showing consumption of energy consisting of A to Genergy efficiency based on an A to G classification, which as far as possible shall have uniform design characteristics across product groups and shall in all cases be clear and legible; Further differentiation in the A-G scale shall be considered for a product group if this would be necessary to achieve sufficient differentiation of energy efficiency and functioning of the energy label;
Amendment 650 #
2015/0149(COD)
Proposal for a regulation
Article 12 – paragraph 3 – subparagraph 1 – point i
Article 12 – paragraph 3 – subparagraph 1 – point i
Amendment 657 #
2015/0149(COD)
Proposal for a regulation
Article 12 – paragraph 3 – subparagraph 1 – point j
Article 12 – paragraph 3 – subparagraph 1 – point j
(j) the specific indication of the energy class to be included in advertisements and technical promotional material, including requirements for this to be in a legible and visible form;
Amendment 667 #
2015/0149(COD)
Proposal for a regulation
Article 12 – paragraph 3 – subparagraph 5
Article 12 – paragraph 3 – subparagraph 5
Amendment 672 #
2015/0149(COD)
Proposal for a regulation
Article 15 – paragraph 1
Article 15 – paragraph 1
Directive 2010/30/EU is repealed with effect from 1 January 20178.
Amendment 673 #
2015/0149(COD)
Proposal for a regulation
Article 16 – paragraph 2
Article 16 – paragraph 2
It shall apply from 1 January 20178.
Amendment 676 #
2015/0149(COD)
Proposal for a regulation
Annex I
Annex I
Amendment 48 #
2015/0148(COD)
Proposal for a directive
Recital 1
Recital 1
(1) Directive 2003/87/EC of the European Parliament and of the Council15 established a system for greenhouse gas emission allowance trading within the Union in order to promote reductions of greenhouse gas emissions in a cost- effective and economically efficient manner in order to safeguard the international competitiveness of EU industry that does not lead to carbon and investment leakage. __________________ 15 Directive 2003/87/EC of the European Parliament and of the Council of 13 October 2003 establishing a scheme for greenhouse gas emission allowance trading within the Community and amending Council Directive 96/61/EC (OJ L 275, 25.10.2003, p. 32).
Amendment 75 #
2015/0148(COD)
Proposal for a directive
Recital 6
Recital 6
(6) The auctioning of allowances remains the general rule, with free allocation as the exception. Consequently, and as confirmed by the European Council, the share of allowances to be auctioned, which was 572% over the period 2013-2020, should not be reduced. The Commission's Impact Assessment18 provides details on the auction share and specifies that this 57% share is made up of allowances auctioned on behalf of Member States, . Allowances originally covered by the transitional Community- wide rules for harmonized free allocation (including allowances set aside for new entrants but not allocated, allowances for modernising electricity generation in some Member States and allowances which are to be auctioned at a later point in time because of their placement in the Market Stability Reserve established by Decision (EU) 2015/… of the European Parliament and of the Council19 nd unallocated allowances due to closures and partial cessations) should not be considered to be auctioned allowances for the purposes of the calculation of the auction share. __________________ 19 Decision (EU) 2015/… of the European Parliament and of the Council of … concerning the establishment and operation of a market stability reserve for the Union greenhouse gas emission trading scheme and amending Directive 2003/87/EC (OJ L […], […], p. […]). 18 SEC(2015)XX
Amendment 96 #
2015/0148(COD)
Proposal for a directive
Recital 3
Recital 3
(3) The European Council confirmed that a well-functioning, reformed EU ETS with an instrument to stabilise the market will be the main European instrument to achieve this target, with an annual reduction factor of 2.2% from 2021 onwards, free allocation not expiring but existing measures continuing after 2020 to prevent the risk of carbon leakage due to climate policy, as long as no comparable efforts are undertaken in other major economies, without reducing the share of allowances to be auctioned. The auction share should be expressed as a percentage figureclarity on the amount of auctioned allowances in the legislation, to enhance planning certainty as regards investment decisions, to increase transparency and to render the overall system simpler and more easily understandable.
Amendment 104 #
2015/0148(COD)
Proposal for a directive
Recital 4
Recital 4
(4) It is a key Union priority to establish a resilient Energy Union to provide secure, sustainable, competitive and affordable energy to its citizens. Achieving this requires continuation of ambitious climate action with the EU ETS as the cornerstone of Europe’s climate policy, and progress on the other aspects of Energy Union17. Implementing the ambition decided in the 2030 frameworkf the EU ETS is to remain the main Union instrument, its interaction with other Union and national policies that have an impact on the demand for EU ETS allowances needs to be taken into account. Implementing the ambition decided in the 2030 framework and adequately addressing the progress on other aspects of the Energy Union contributes to delivering a meaningful carbon price and continuing to stimulate cost-efficient greenhouse gas emission reductions. __________________ 17 COM(2015)80, establishing a Framework Strategy for a Resilient Energy Union with a Forward-Looking Climate Change Policy
Amendment 109 #
2015/0148(COD)
Proposal for a directive
Recital 8
Recital 8
(8) In order to reflect technological progress in the sectors concerned and adjust them to the relevant period of allocation, provisbenchmarks for free allocations to installations, should be made updated before the valuesstart of the benchmarks for free allocations to installations, determined on the basis of data from the years 2007-8, to be updated in line with observed average improvementfourth trading period in order to base free allocations on actual technological progress. That update should be carried out on the basis of robust, objective and verified data from installations. For reasons of predictability, thifurther updates should be done through applying a factor that represents the best assessment of progress across sectors, which should then take into accountalso be based on robust, objective and verified data from installations so that sectors whose rate of improvement differs considerably from this factor have a benchmark value closer to their actual rate of improvement. Where the data shows a substantial difference from that factor reduction of more than 0.5% of the 2007-8 value higher or lower per year over the relevant period, the related benchmark value shall be adjusted by that percentage. To ensure a level playing field for the production of aromatics, hydrogen and syngas in refineries and chemical plants, the benchmark values for aromatics, hydrogen and syngas should continue to be aligned to the refineries benchmarks.
Amendment 113 #
2015/0148(COD)
Proposal for a directive
Recital 5
Recital 5
(5) Article 191(2) of the Treaty on the Functioning of the European Union requires that Union policy is based on the principle that the polluter should pay and, on this basis, Directive 2003/87/EC provides for a transition to full auctioning over time. Avoiding carbon and investment leakage is a justification to postpone fullsuch a transition, and targeted free allocation of allowances to industry is justified in order to address genuine risks of increases in global greenhouse gas emissions inand diversion of investments to third countries where industry is not subject to comparable carbon constraints as long as comparable climate policy measures are not undertaken by other major economies. Additional achievements in sectors not falling under the scope of the EU ETS and not subject to a risk of carbon leakage, in particular in the building sector and sustainable transport, will decrease the amount of effort needed from the Union’s industry.
Amendment 116 #
2015/0148(COD)
Proposal for a directive
Recital 9
Recital 9
(9) Member States should partially compensate, in accordance with state aid rules, certain installations inFor sectors or sub-sectors which have been determined to be exposed to a significant risk of carbon leakage because of, costs related to greenhouse gas emissions passed on in electricity prices should at least partially be compensated on the basis of harmonized arrangements in pursuing the goal of a level playing field. It should be possible for Member States to top up the compensation at Union level in accordance with state aid rules. The Protocol and accompanying decisions adopted by the Conference of the Parties in Paris need to provide for the dynamic mobilisation of climate finance, technology transfer and capacity building for eligible Parties, particularly those with least capabilities. Public sector climate finance will continue to play an important role in mobilising resources after 2020. Therefore, auction revenues should also be used for climate financing actions in vulnerable third countries, including adaptation to the impacts of climate. The amount of climate finance to be mobilised will also depend on the ambition and quality of the proposed Intended Nationally Determined Contributions (INDCs), subsequent investment plans and national adaptation planning processes. Member States should also use auction revenues to promote skill formation and reallocation of labour affected by the transition of jobs in a decarbonising economy.
Amendment 121 #
2015/0148(COD)
Proposal for a directive
Recital 6
Recital 6
(6) The auctioning of allowances remains the general rule, with free allocation as the exception. Consequently, and as confirmed by the European Council, the share of allowances to be auctioned, which was 572% over the period 2013-2020, should not be reduced. The Commission's Impact Assessment18 provides details on the auction share and specifies that this 57% share is made up of allowances auctioned on behalf of Member States,. Allowances originally covered by the transitional Union-wide rules for harmonised free allocation (which includinge allowances set aside for new entrants but not allocated, and allowances for modernising electricity generation in some Member States and allowances which are to be auctioned at a later point in time because of their placement in the Market Stability Reserve established by Decision (EU) 2015/… of the European Parliament and of the Council19 . __________________ 18 19Decision (EU) 2015/… of the European Parliament and of the Council of … concerning the establishment and operation of a market stability reserve for the Union greenhouse gas emission trading scheme and amending Directive 2003/87/EC (OJ L […], […], p. […]).that are unallocated due to closures and partial cessations) should not be considered to be auctioned allowances for the purposes of the calculation of the auction share. __________________ 18 SEC(2015)XX SWD(2015)135
Amendment 122 #
2015/0148(COD)
Proposal for a directive
Recital 9
Recital 9
(9) Member States should partiaall fully compensate, in accordance with state aid rules, certaindirect costs for installations in sectors or sub-sectors which have been determined to be exposed to a significant risk of carbon leakage because of costs related to greenhouse gas emissions passed on in electricity prices. This objective must be achieved through a harmonised EU approach. The Protocol and accompanying decisions adopted by the Conference of the Parties in Paris need to provide for the dynamic mobilisation of climate finance, technology transfer and capacity building for eligible Parties, particularly those with least capabilities. Public sector climate finance will continue to play an important role in mobilising resources after 2020. Therefore, auction revenues should also be used for climate financing actions in vulnerable third countries, including adaptation to the impacts of climate. The amount of climate finance to be mobilised will also depend on the ambition and quality of the proposed Intended Nationally Determined Contributions (INDCs), subsequent investment plans and national adaptation planning processes. Member States should also use auction revenues to promote skill formation and reallocation of labour affected by the transition of jobs in a decarbonising economy.
Amendment 123 #
2015/0148(COD)
Proposal for a directive
Recital 9
Recital 9
(9) Member States should partiaall fully compensate, in accordance with state aid rules, certain installations in sectors or sub- sectors which have been determined to be exposed to a significant risk of carbon leakage because of costs related to greenhouse gas emissions passed on in electricity prices. This objective must be achieved through a harmonized EU approach. The Protocol and accompanying decisions adopted by the Conference of the Parties in Paris need to provide for the dynamic mobilisation of climate finance, technology transfer and capacity building for eligible Parties, particularly those with least capabilities. Public sector climate finance will continue to play an important role in mobilising resources after 2020. Therefore, auction revenues should also be used for climate financing actions in vulnerable third countries, including adaptation to the impacts of climate. The amount of climate finance to be mobilised will also depend on the ambition and quality of the proposed Intended Nationally Determined Contributions (INDCs), subsequent investment plans and national adaptation planning processes. Member States should also use auction revenues to promote skill formation and reallocation of labour affected by the transition of jobs in a decarbonising economy.
Amendment 135 #
2015/0148(COD)
Proposal for a directive
Recital 8
Recital 8
(8) In order to reflect technological progress in the sectors concerned and adjust them to the relevant period of allocation, provisbenchmarks for free allocations to installations, should be made updated before the valuesstart of the benchmarks for free allocations to installations, determined on the basis of data from the years 2007-8, to be updated in line with observed average improvementfourth trading period in order to base free allocations on actual technological progress. That update should be carried out on the basis of robust, objective and verified data from installations. For reasons of predictability, thifurther updates should be done through applying a factor that represents the best assessment of progress across sectors, which should then take into accountalso be based on robust, objective and verified data from installations so that sectors whose rate of improvement differs considerably from this factor have a benchmark value closer to their actual rate of improvement. Where the data shows a substantial difference from that factor reduction of more than 0.5% of the 2007-8 value higher or lower per year over the relevant period, the related benchmark value shall be adjusted by that percentage. To ensure a level playing field for the production of aromatics, hydrogen and syngas in refineries and chemical plants, the benchmark values for aromatics, hydrogen and syngas should continue to be aligned to the refineries benchmarks.
Amendment 142 #
2015/0148(COD)
Proposal for a directive
Recital 9
Recital 9
(9) Member States should partially compensate, in accordance with state aid rules, certain installations in sectors or sub-sectors which have been determined to bA centralised mechanism at Union level should be set up to fully compensate installations which are exposed to a significantgenuine risk of carbon leakage because of costs related todue to significant indirect costs that are actually the result of greenhouse gas emission costs passed on in electricity prices. The Protocol and accompanying decisions adopted by the Conference of the Parties in Paris need to provide for the dynamic mobilisation of climate finance, technology transfer and capacity building for eligible Parties, particularly those with least capabilities. Public sector climate finance will continue to play an important role in mobilising resources after 2020. Therefore, auction revenues should also be used for climate financing actions in vulnerable third countries, including adaptation to the impacts of climate. The amount of climate finance to be mobilised will also depend on the ambition and quality of the proposed Intended Nationally Determined Contributions (INDCs), subsequent investment plans and national adaptation planning processes. Member States should also use auction revenues to promote skill formation and reallocation of labour affected by the transition of jobs in a decarbonising economy.
Amendment 157 #
2015/0148(COD)
Proposal for a directive
Recital 14
Recital 14
(14) The existing provisions which are in place for small installations to be excluded from the EU ETS allow the installations which are excluded to remain so, and it should be made possible for Member States to update their list of excluded installations and for Member States currently not making use of this option to do so at the beginning of each trading period. Member States should ensure that alternative measures for installations that have opted out would not result in higher compliance cost. For small emitters under the ETS monitoring, reporting and verification requirements should be simplified for such installations.
Amendment 173 #
2015/0148(COD)
Proposal for a directive
Recital 14
Recital 14
(14) The existing provisions which are in place for small installations to be excluded from the EU ETS allow the installations which are excluded to remain so, and it should be made possible for Member States to update their list of excluded installations and for Member States currently not making use of this option to do so at the beginning of each trading period. Member States should ensure that alternative measures for installations that have opted out do not result in higher compliance costs. For small emitters covered by the EU ETS, monitoring, reporting and verification requirements should be simplified for such installations.
Amendment 178 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point -1 (new)
Article 1 – paragraph 1 – point -1 (new)
(-1) In Article 3, the following point is added: (w) 'small emitter' means an installation with low emissions which meets at least one of the following criteria: – the average annual emissions of that installation reported in the verified emission reports during the trading period immediately preceding the current trading period, with the exclusion of CO2 stemming from biomass and before subtraction of transferred CO2, were less than 50 000 tonnes of CO2(e) per year; – the average annual emissions referred to in the first indent are not available to that installation or are no longer applicable to that installation because of changes in the installation's boundaries or changes to the operating conditions of the installation, but the annual emissions of that installation for the next five years, with the exclusion of CO2 stemming from biomass and before subtraction of transferred CO2, is expected to be, based on a conservative estimation method, less than 50 000 tonnes of CO2(e) per year.
Amendment 183 #
2015/0148(COD)
Proposal for a directive
Article 1 – point -1 d (new)
Article 1 – point -1 d (new)
Directive 2003/87/EC
Article 3 – point u b (new)
Article 3 – point u b (new)
(-1d) In Article 3, the following point is added: '(ub) “small emitter” means an installation with low emissions which meets at least one of the following criteria: – the average annual emissions of that installation reported in the verified emission reports during the trading period immediately preceding the current trading period, with the exclusion of CO2 stemming from biomass and before subtraction of transferred CO2, were less than 50 000 tonnes of CO2(e) per year; – the average annual emissions referred to in the first indent are not available to that installation or are no longer applicable to that installation because of changes in the installation's boundaries or changes to the operating conditions of the installation, but the annual emissions of that installation for the next five years, with the exclusion of CO2 stemming from biomass and before subtraction of transferred CO2, is expected to be, based on a conservative estimation method, less than 50 000 tonnes of CO2(e) per year;'
Amendment 201 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point a
Article 1 – paragraph 1 – point 4 – point a
Directive 2003/87/EC
Article 10 Paragraph 1
Article 10 Paragraph 1
From 2021 onwards, the share of allowances to be auctioned by Member States shall be 57%2%, which includes the 400 million allowances for the innovation fund.
Amendment 205 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point a
Article 1 – paragraph 1 – point 4 – point a
Directive 2003/87/EC
Article 10 paragraph 1
Article 10 paragraph 1
From 2021 onwards, the share of allowances to be auctioned by Member States shall be 572%.
Amendment 223 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point b – point ii
Article 1 – paragraph 1 – point 4 – point b – point ii
Directive 2003/87/EC
Article 10 – paragraph 2 – point b
Article 10 – paragraph 2 – point b
(b) 10% of the total quantity of allowances to be auctioned being distributed amongst certain Member States whose GDP per capita did not exceed 90% of the Union average in 2013 for the purpose of solidarity and growth within the Community, thereby increasing the amount of allowances that those Member States auction under point (a) by the percentages specified in Annex IIa."; and
Amendment 253 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 4 – point d a (new)
Article 1 – paragraph 1 – point 4 – point d a (new)
Directive 2003/87/EC
Article 10 – paragraph 5
Article 10 – paragraph 5
Amendment 269 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point a
Article 1 – paragraph 1 – point 5 – point a
Directive 2003/87/EC
Article 10a paragraph 1
Article 10a paragraph 1
The Commission shall be empowered to adopt a delegated act in accordance with Article 23. This act shall also provide for additional allocation from the new entrants reserve for significant production increases by applying the same thresholds and allocation adjustments as apply in respect of partial cessations of operation. To introduce more flexibility in the supply of free allowances, the threshold shall be lowered to reflect variation in real production levels. This threshold shall not exceed 10% of the yearly production level.
Amendment 287 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point b
Article 1 – paragraph 1 – point 5 – point b
Directive 2003/87/EC
Article 10 a – paragraph 2
Article 10 a – paragraph 2
Amendment 292 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point b
Article 1 – paragraph 1 – point 5 – point b
Directive 2003/87/EC
Article 10 a – paragraph 2
Article 10 a – paragraph 2
The benchmark values for free allocation shall be adjusted in order to avoid windfall profits and reflect technological progrtaking into consideration the real economic and technical development of industrial plants and processes in the period between 2007-8 and each later period for which free allocations are determineindividual sectors and subsectors in order to avoid win accordance with Article 11(1). This adjustment shall reduce the benchmark values set by the act adopted pursuant to Article 10a by 1% of the value that was set based on 2007-8 data in respect of each year between 2008 and the middle of the relevant period of free allocation, unless:dfall profits. This update shall be based on the average performance of the 10% most efficient installations in a sector or subsector in the Community in the years 2013-2017. The Commission shall consult the relevant stakeholders in this regard.
Amendment 296 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 4 – point d c (new)
Article 1 – point 4 – point d c (new)
Directive 2003/87/EC
Article 10 – paragraph 5
Article 10 – paragraph 5
(dc) paragraph 5 is replaced by the following: '5. The Commission shall monitor the functioning of the European carbon market. Each year, it shall submit a report to the European Parliament and to the Council on the functioning of the carbon market including the implementation of the auctions, liquidity and the volumes traded. In its monitoring report, the Commission shall give particular attention to the risk of carbon and investment leakage. The report shall also address the interaction between the EU ETS, non-ETS and other climate and energy measures at Union and national level, and shall analyse the effects of various policy instruments on the level of demand for Union allowances and its consequences on the supply- demand balance in the carbon market. The Commission shall calculate the equivalent number of allowances for closures that are reported by Member States. If necessary, Member States shall ensure that any relevant information is submitted to the Commission at least two months before the Commission adopts the report.'
Amendment 313 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point b
Article 1 – paragraph 1 – point 5 – point b
Directive 2003/87/EC
Article 10 a – paragraph 2 – third subparagraph – point (i)
Article 10 a – paragraph 2 – third subparagraph – point (i)
(i) On the basis of information submitted pursuant to Article 11, the Commission shall identify whether the values for each benchmark calculated using the principles in Article 10a differ from the annual reduction referred to above by more than 0.5% of the 2007-8 value higher or lower annually. If so, that bBefore the start of the trading period benchmarks in individual sectors and subsectors, shall be updated based on the average of the verified emissions of the 10% most efficient installations in a sector or subsector in the Union in the years 2017 and 2018. Benchmark values shall be adjusted either 0.5% or 1.5% in respect of each year between 2008 set on the basis of information submitted pursuandt the middle of the period for which free allocation is to be made;o Article 11. The Commission shall consult the relevant stakeholders, including the sectors and subsectors concerned.
Amendment 316 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point b
Article 1 – paragraph 1 – point 5 – point b
Directive 2003/87/EC
Article 10 a – paragraph 2
Article 10 a – paragraph 2
(i) On the basis of information submitted pursuant to Article 11, the Commission shall identify whether the values for each benchmark calculated using the principles in Article 10a differ from the annual reduction referred to above by more than 0.5% of the 2007-8 value higher or lower annually. If so, that benchmark value shall be adjusted either 0.5% or 1.5% in respect of each year between 2008 and the middle of the period for which free allocation is to be made;The benchmarks shall be reviewed once at the beginning of the 4th trading period., based on bottom-up real installation data and taking into account sector specific characteristics.
Amendment 320 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 5 – point b
Article 1 – point 5 – point b
Directive 2003/87/EC
Article 10a – paragraph 2 – subparagraph 3 – introductory part
Article 10a – paragraph 2 – subparagraph 3 – introductory part
The benchmark values for free allocation shall be adjusted in order to avoid windfall profits and reflect technological progress in the period between 2007-8 and each later period for which free the average performance of the 10 % most efficient installocations are determined in accordance with Article 11(1). This adjustment shall reduce the benchmark values set by the act adopted pursuant to Article 10a by 1% of the value that was set based on 2007-8 data in respect of each year between 2008 and the middle of the relevant period of free allocation, unless:in a sector or subsector operating in the Union in the years 2013 to 2017. Benchmarks shall be set after consulting the relevant stakeholders to take into account the real economic and technical development of industrial plants and processes in the individual sectors and subsectors.
Amendment 336 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 5 – point b
Article 1 – point 5 – point b
Directive 2003/87/EC
Article 10a – paragraph 2 – subparagraph 3 – point i
Article 10a – paragraph 2 – subparagraph 3 – point i
Amendment 367 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point d
Article 1 – paragraph 1 – point 5 – point d
Directive 2003/87/EC
Article 10a paragraph 6
Article 10a paragraph 6
Member States shouldall adopt financial measures, via a harmonised EU mechanism, in favour of sectors or sub- sectors which are exposed to a genuine risk of carbon leakage due to significant indirect costs that are actually incurred from greenhouse gas emission costs passed on in electricity prices, taking into account any effects on the internal market. Such financial measures to compensate part of these costs shall be in accordance with state aid rules.
Amendment 368 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 5 – point c
Article 1 – point 5 – point c
Directive 2003/87/EC
Article 10a – paragraph 5
Article 10a – paragraph 5
Amendment 372 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 5 – point c
Article 1 – point 5 – point c
Directive 2003/87/EC
Article 10a – paragraph 5
Article 10a – paragraph 5
In order to respect the auctioning share set out in Article 10, the sum of free allocations in every year where the sum of free allocations does not reach the maximum level that respects the Member State auctioning share, the remaining allowances up to that level shall be used to prevent or limit reduction of free allocations to respect the Member State auctioning share in later years. Where, nonetheless, the maximum level is reached, free allocations shall be adjusted accordingly. Any such adjustment shall be done in a uniform mantargeted in accordance with the risk of carbon leakage and shall in any case guarantee that 100% free allocation up to the level of the benchmarks is maintainerd.
Amendment 377 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point d
Article 1 – paragraph 1 – point 5 – point d
Directive 2003/87/EC
Article 10a Paragraph 6 – subparagraph 1
Article 10a Paragraph 6 – subparagraph 1
Member States should adopt financial measures in favour of installations in sectors or sub- sectors which are exposed to a genuine risk of carbon leakage due to significant indirect costs that are actually incurred from greenhouse gas emission costs passed on in electricity prices receive harmonised financial compensation financed as set out in Article 10 for such costs, taking into account any effects on the internal market. Such financial measures to compensate part of these costs shall be in accordance with state aid rules. The compensation should be applied in a manner that prevents negative effects on the internal market and overcompensation. Where the amount of compensation as defined in Article 10 is not sufficient to compensate for all eligible costs, the amount of aid for all eligible installations is reduced uniformly. The Commission shall be empowered to adopt a delegated act for this purpose in accordance with Article 23.
Amendment 381 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 5 – point d
Article 1 – point 5 – point d
Directive 2003/87/EC
Article 10a – paragraph 6 – subparagraph 1
Article 10a – paragraph 6 – subparagraph 1
Amendment 392 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point e – point i
Article 1 – paragraph 1 – point 5 – point e – point i
Directive 2003/87/EC
Article 10a – paragraph 7 – first subparagraph
Article 10a – paragraph 7 – first subparagraph
Allowances from the maximum amount referred to Article 10a(5) of this Directive which were not allocated for free up to 2020 shall be set aside for new entrants and significant production increases, together with of more than 10% expressed as the rolling average of verified production data for the two preceding years compared to the production activity reported in accordance with Article 11. In addition, 250 million allowances placed in the market stability reserve pursuant to Article 1(3) of Decision (EU) 2015/… of the European Parliament and of the Council(*) shall be set aside for this purpose.
Amendment 395 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 5 – point e – point i
Article 1 – point 5 – point e – point i
Directive 2003/87/EC
Article 10a – paragraph 7 – subparagraph 1
Article 10a – paragraph 7 – subparagraph 1
Allowances from the maximum amount referred to in Article 10a(5) of this Directive which were not allocated for free up to 2020 shall be set aside for new entrants and for significant production increases, together with of more than 10% expressed as the rolling average of verified production data for the two preceding years compared to the production activity reported in accordance with Article 11. In addition, 250 million allowances placed in the market stability reserve pursuant to Article 1(3) of Decision (EU) 2015/… of the European Parliament and of the Council(*). 1814 shall be set aside for this purpose.
Amendment 417 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 5 – point f
Article 1 – point 5 – point f
Directive 2003/87/EC
Article 10a – paragraph 8 – subparagraph 1
Article 10a – paragraph 8 – subparagraph 1
400 million allowances shall be available to support, taken from the share of allowances to be auctioned, shall be available to support and leverage investments, using different instruments managed by the European Investment Bank, in innovation in low-carbon technologies and processes in industrial sectors listed in Annex I, and to help stimulate the construction and operation of commercial demonstration projects that aim at the environmentally safe capture and geological storage (CCS) of CO2CCS and CCU as well as demonstration projects of innovative renewable energy technologies, energy conversion and storage, as well as electric battery development in the territory of the Union.
Amendment 424 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 5 – point f
Article 1 – paragraph 1 – point 5 – point f
Directive 2003/87/EC
Article 10a – paragraph 8
Article 10a – paragraph 8
400 million allowances shall be available to support innovation in the whole range of low-carbon technologies and processes in industrial sectors listed in Annex I, and to help stimulate the construction and operation of commercial demonstration projects that aim at the environmentally safe capture and geological storage (CCS) of CO2 as well as demonstration projects of innovative renewable energy technologies, in the territory of the Union.
Amendment 468 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 6
Article 1 – point 6
Directive 2003/87/EC
Article 10b – paragraph 2 – introductory sentence
Article 10b – paragraph 2 – introductory sentence
2. Sectors and sub-sectors where the product from multiplying their intensity of trade with third countries by their emission intensity is above 0.18 may be included in the group referred to in paragraph 1, on the basis of a qualitative assessment using the following criteria:
Amendment 483 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 6
Article 1 – paragraph 1 – point 6
Directive 2003/87/EC
Article 10b – paragraph 2
Article 10b – paragraph 2
2. Sectors and sub-sectors where the product from multiplying their intensity of trade with third countries by their emission intensity is above 0.18 may be included in the group referred to in paragraph 1, on the basis of a qualitative assessment using the following criteria:
Amendment 495 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 6
Article 1 – point 6
Directive 2003/87/EC
Article 10b – paragraph 3
Article 10b – paragraph 3
3. Other sectors and sub-sectors are considered to be able to pass on more of the cost of allowances in product prices without losing market share, and shall be allocated allowances free of charge for the period up to 2030 at 30% of the quantity determined in accordance with the measures adopted pursuant to Article 10a.
Amendment 663 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 8
Article 1 – point 8
Directive 2003/87/EC
Article 11 – paragraph 1 – subparagraph 2
Article 11 – paragraph 1 – subparagraph 2
A list of installations covered by this Directive for the fivetwo years beginning on 1 January 2021 shall be submitted by 30 September 2018, and lists for the subsequent fivetwo years shall be submitted every fivetwo years thereafter. Each list shall include information on production activity, transfers of heat and gases, electricity production and emissions at sub- installation level over the fivetwo calendar years preceding its submission. Free allocations shall only be given to installations where such information is provided.
Amendment 678 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 11 a (new)
Article 1 – point 11 a (new)
Directive 2003/87/EC
Article 14 – paragraph 1 – subparagraph 1 a (new)
Article 14 – paragraph 1 – subparagraph 1 a (new)
(11a) In Article 14, paragraph 1, the following subparagraph is inserted: 'That regulation shall also determine simplified monitoring, reporting and verification procedures for small emitters.'
Amendment 699 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 22 b (new)
Article 1 – point 22 b (new)
Directive 2003/87/EC
Article 27 – paragraph 1
Article 27 – paragraph 1
(22b) In Article 27, paragraph 1 is replaced by the following '1. Following consultation with the operator, Member States may exclude from the Community scheme installations which have reported to the competent authority emissions of less than 250 000 tonnes of carbon dioxide equivalent and, where they carry out combustion activities, have a rated thermal input below 375 MW, excluding emissions from biomass, in each of the three years preceding the notification under point (a), and which are subject to measures that will achieve an equivalent contribution to emission reductions, if the Member State concerned complies with the following conditions: (a) it notifies the Commission of each such installation, specifying the equivalent measures applying to that installation that will achieve an equivalent contribution to emission reductions that are in place, before the list of installations pursuant to Article 11(1) has to be submitted and at the latest when this list is submitted to the Commission; (b) it confirms that monitoring arrangements are in place to assess whether any installation emits 250 000 tonnes or more of carbon dioxide equivalent, excluding emissions from biomass, in any one calendar year. Member States may allow simplified monitoring, reporting and verification measures for installations with average annual verified emissions between 2008 and 2010 which are below 5 000 tonnes a year, in accordance with Article 14; (c) it confirms that if any installation emits 250 000 tonnes or more of carbon dioxide equivalent, excluding emissions from biomass, in any one calendar year or the measures applying to that installation that will achieve an equivalent contribution to emission reductions are no longer in place, the installation will be reintroduced into the Community scheme; (d) it publishes the information referred to in points (a), (b) and (c) for public comment. Hospitals may also be excluded if they undertake equivalent measures.'
Amendment 705 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 22 b (new)
Article 1 – point 22 b (new)
Directive 2003/87/EC
Article 27 – paragraph 1
Article 27 – paragraph 1
(22b) In Article 27, paragraph 1 is replaced by the following: '1. Following consultation with the operator, and subject to its agreement, Member States may exclude from the Community schemeEU ETS installations which have reported to the competent authority emissions of less than 250 000 tonnes of carbon dioxide equivalent and, where they carry out combustion activities, have a rated thermal input below 35 MW, excluding emissions from biomass, in each of the three years preceding the notification under point (a), and which are subject to measures that will achieve an equivalent contribution to emission reductions, if the Member State concerned complies with the following conditions: (a) it notifies the Commission of each such installation, specifying the equivalent measures that are in place applying to that installation and that will achieveare aimed at making an equivalent contribution to emission reductions that are in place and specifying how those measures would not result in higher compliance costs for such installations, before the list of installations pursuant to Article 11(1) has to be submitted and at the latest when this list is submitted to the Commission; (b) it confirms that monitoring arrangements are in place to assess whether any installation emits 250 000 tonnes or more of carbon dioxide equivalent, excluding emissions from biomass, in any one calendar year. Member States may allow simplified monitoring, reporting and verification measures for installations with average annual verified emissions between 2008 and 2010 which are below 5 000 tonnes a year, in accordance with Article 14; (c) it confirms that if any installation emits 250 000 tonnes or more of carbon dioxide equivalent, excluding emissions from biomass, in any one calendar year or the measures applying to that installation that will achieveare aimed at making an equivalent contribution to emission reductions are no longer in place, the installation will be reintroduced into the Community schemeEU ETS; (d) it publishes the information referred to in points (a), (b) and (c) for public comment. Hospitals may also be excluded if they undertake equivalent measures.'
Amendment 712 #
2015/0148(COD)
Proposal for a directive
Article 1 – point 22 f (new)
Article 1 – point 22 f (new)
Directive 2003/87/EC
Article 30 a (new)
Article 30 a (new)
(22f) The following Article is inserted: 'Article 30a Adjustments upon global stocktake under the UNFCCC and the Paris Agreement Every 5 years, in line with the regular reviews foreseen in the Paris Agreement, the Union shall assess its INDC in the context of global mitigation efforts following a global stocktake of nationally- determined contribution. The Commission shall submit a report assessing, in particular, the following elements: the implication of the options required at Union level; the efforts undertaken by other major economies; the Union industries' competitiveness in the context of carbon and investment leakage risks as well as the impact on the Union's industrialisation target of 20%. If, on that basis, the Commission deems it necessary to submit a legislative proposal to amend this Directive it shall in parallel present a full impact assessment and take into account the differentiated abilities and costs of decarbonisation in the power and industrial sectors covered by the EU ETS.'
Amendment 725 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 8
Article 1 – paragraph 1 – point 8
Directive 2003/87/EC
Article 11 – paragraph 1
Article 11 – paragraph 1
A list of installations covered by this Directive for the fivetwo years beginning on 1 January 2021 shall be submitted by 30 September 2018, and lists for the subsequent fivetwo years shall be submitted every fivetwo years thereafter. Each list shall include information on production activity, transfers of heat and gases, electricity production and emissions at sub- installation level over the fivetwo calendar years preceding its submission. Free allocations shall only be given to installations where such information is provided.
Amendment 727 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 8
Article 1 – paragraph 1 – point 8
Directive 2003/87/EC
Article 11 – paragraph 1
Article 11 – paragraph 1
A list of installations covered by this Directive for the fivetwo years beginning on 1 January 2021 shall be submitted by 30 September 2018, and lists for the subsequent fivetwo years shall be submitted every fivetwo years thereafter. Each list shall include information on production activity, transfers of heat and gases, electricity production and emissions at sub- installation level over the fivetwo calendar years preceding its submission. Free allocations shall only be given to installations where such information is provided.
Amendment 756 #
2015/0148(COD)
Proposal for a directive
Article 1 – paragraph 1 – point 22 a (new)
Article 1 – paragraph 1 – point 22 a (new)
Directive 2003/87/EC
Article 27 – point 1 (a) (b) (c)
Article 27 – point 1 (a) (b) (c)
(22a) In Article 27 point 1 (a) (b) (c) is replaced as follows: 1.Following consultation with the operator, Member States may exclude from the Community scheme installations which have reported to the competent authority emissions of less than 50 000 tonnes of carbon dioxide equivalent and, where they carry out combustion activities, have a rated thermal input below 75 MW, excluding emissions from biomass, in each of the three years preceding the notification under point (a), and which are subject to measures that will achieve an equivalent contribution to emission reductions, if the Member State concerned complies with the following conditions: (a) it notifies the Commission of each such installation, specifying the equivalent measures applying to that installation that will achieve an equivalent contribution to emission reductions that are in place, before the list of installations pursuant to Article 11(1) has to be submitted and at the latest when this list is submitted to the Commission; (b) it confirms that monitoring arrangements are in place to assess whether any installation emits 50 000 tonnes or more of carbon dioxide equivalent, excluding emissions from biomass, in any one calendar year. Member States may allow simplified monitoring, reporting and verification measures for installations with average annual verified emissions between 2008 and 2010 which are below 5 000 tonnes a year, in accordance with Article 14; (c) it confirms that if any installation emits 50 000 tonnes or more of carbon dioxide equivalent, excluding emissions from biomass, in any one calendar year or the measures applying to that installation that will achieve an equivalent contribution to emission reductions are no longer in place, the installation will be reintroduced into the Community scheme;
Amendment 156 #
2015/0009(COD)
Proposal for a regulation
Recital 9
Recital 9
(9) The investment environment within the Union should be improved by removing barriers to investment by establishing a truly functional Capital Markets Union to make financing available and accessible irrespective of the geographic location within the Union, reinforcing the Single Market and by enhancing regulatory predictability. The work of the EFSI, and investments across Europe generally, should benefit from this accompanying work.
Amendment 283 #
2015/0009(COD)
Proposal for a regulation
Recital 15
Recital 15
(15) The EFSI should target projects with a higher risk-return profile than existing EIB and Union instruments to ensure additionality over existing operations. The EFSI should finance projects across the Union, avoiding geographical concentration and facilitating investment in regions where capital markets are less developed, including in the countries most affected by the financial crisis. The EFSI should only be used where financing is not available from other sources on reasonable terms.
Amendment 297 #
2015/0009(COD)
Proposal for a regulation
Recital 15
Recital 15
(15) The EFSI should target projects with a higher risk-return profile than existing EIB and Union instruments to ensure additionality over existing operations. The EFSI should finance projects across the Union, including in the countries most affected by the financial crisis through geographically and sector balanced strategic investments. The EFSI should only be used where financing is not available from other sources on reasonable terms.
Amendment 304 #
2015/0009(COD)
Proposal for a regulation
Recital 15 a (new)
Recital 15 a (new)
(15a) The EFSI shall avoid a high exposure with a given sector or geographic area.
Amendment 312 #
2015/0009(COD)
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 1
Article 3 – paragraph 5 – subparagraph 1
The EFSI Agreement shall provide that the EFSI shall have an Investment Committee, which shall be responsible for examining potential operations in line with the EFSI investment policies and approving the support of the EU guarantee for operations in line with Article 5, irrespective of their geographic location. The opinion of the Investment Committee shall be non- binding as regards the approval of the selected operations.
Amendment 318 #
2015/0009(COD)
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 2
Article 3 – paragraph 5 – subparagraph 2
The Investment Committee shall be composed of sixfive independent experts and the Managing Director. Independent experts shall have a high level of relevant market experience in project finance and be appointed by the Steering Board for a renewable fixed term of three years.
Amendment 346 #
2015/0009(COD)
Proposal for a regulation
Recital 17 a (new)
Recital 17 a (new)
Amendment 450 #
2015/0009(COD)
Proposal for a regulation
Recital 26 a (new)
Recital 26 a (new)
(26a) For Member States where financial markets are less developed, appropriate technical assistance should be provided. The EIAH should encourage those Member States to set up National Investment Advisory Hub.
Amendment 694 #
2015/0009(COD)
Proposal for a regulation
Article 2 – paragraph 2 – subparagraph 1
Article 2 – paragraph 2 – subparagraph 1
The EFSI Agreement shall provide for the creation of a European Investment Advisory Hub ('EIAH') within the EIB. The EIAH shall have as its objective to build upon existing EIB and Commission advisory services in order to provide advisory support for investment project identification, preparation and development and act as a single technical advisory hub for project financing within the Union. This shall include support on the use of technical assistance for project structuring, use of innovative financial instruments, use of public-private partnerships and advice, as appropriate, on relevant issues of EU legislation by taking into account differences of Member States, especially for those with less developed capital markets.
Amendment 779 #
2015/0009(COD)
Proposal for a regulation
Article 3 – paragraph 2 – subparagraph 1
Article 3 – paragraph 2 – subparagraph 1
For as long as the only contributors to the EFSI are the Union and the EIB, the number of members and votes within the Steering Board shall be allocated based on the respective size of contributions in the form of cash or guarantees. Members of the Steering Board shall be appointed in a transparent procedure by the Commission and the EIB without any outside interference.
Amendment 830 #
2015/0009(COD)
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 1
Article 3 – paragraph 5 – subparagraph 1
The EFSI Agreement shall provide that the EFSI shall have an Investment Committee, which shall be responsible for examining potential operations in line with the EFSI investment policies and approving the support of the EU guarantee for operations in line with Article 5, irrespective of their geographic location. The opinion of the Investment Committee shall be non- binding as regards the approval of the selected operations.
Amendment 848 #
2015/0009(COD)
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 2
Article 3 – paragraph 5 – subparagraph 2
The Investment Committee shall be composed of sixfive independent experts and the Managing Director. Independent experts shall have a high level of relevant market experience in project finance and be appointed by the Steering Board for a renewable fixed term of three years.
Amendment 938 #
2015/0009(COD)
Proposal for a regulation
Article 5 – paragraph 2 – subparagraph 1 – point a
Article 5 – paragraph 2 – subparagraph 1 – point a
(a) development of infrastructure, including in the areas of transport, particularly in industrial centres; energy, in particular energy interconnections and other projects in line with Energy Union priorities; and digital infrastructure;
Amendment 2 #
2014/2245(INI)
Draft opinion
Paragraph 1
Paragraph 1
1. Underlines the fact that the economic crisis has seriously damachallenged economic, social and territorial cohesion, resulting in in the EU, showing that huge differences still exist between Member States; recalls that since the onset of the crisis over 3.8 million jobs have been lost in manufacturing in the EU1 ; __________________ 1 Industrial Scoreboard 2013, Commission Staff Working Document, p.6.
Amendment 11 #
2014/2245(INI)
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Highlights that substantial efforts are needed to bring the EU back on track to meet the 20% reindustrialisation target by 2020; calls to strengthen and renew the industrial structure in the European Union in order to increase competitiveness, growth and jobs; emphasises that in order to gain this investments need to be made in digital, energy and transport infrastructure as ell in a longer-term perspective – but not less urgent - in education, research and increasing the skills of workers.
Amendment 14 #
2014/2245(INI)
Draft opinion
Paragraph 1 b (new)
Paragraph 1 b (new)
1b. Emphasises that the goals set in the Europe 2020 strategy should be taken well into account in cohesion policy; underlines that cohesion policy investments should be aimed to growth, increasing innovations, to SMEs, digital economy and low carbon bioeconomy; highlights that in particular investments in these sectors have the potential not only to secure existing jobs but to trigger the creation of growth and further jobs;
Amendment 19 #
2014/2245(INI)
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Recommends that cohesion policy must be modernized; recommends that renewing industry and structures, and supporting new innovations should be in the centre of it in order to enhance employment in the whole European union.
Amendment 21 #
2014/2245(INI)
Draft opinion
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Emphasises the importance of the simplification of management and procedures of cohesion policy programmes; stresses that the administrative burden caused by different managing and monitoring procedures must be reasonable when compared to the amount of the funding gained from cohesion policy programmes.
Amendment 37 #
2014/2245(INI)
Draft opinion
Paragraph 4
Paragraph 4
Amendment 50 #
2014/2245(INI)
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Welcomes the proposal on Capital Markets Union and considers it an important tool to complement to the Investment Plan for Europe and improve SMEs access to credit by creating and developing alternative sources of funding to bank loans including through improving initial public offerings.
Amendment 52 #
2014/2245(INI)
Draft opinion
Paragraph 4 b (new)
Paragraph 4 b (new)
4b. Calls for the rapid implementation and use of the Capitals Markets Union to support industry led work to develop European private placement markets and support the take up of long-term investment funds. A successful Capital Markets Union will reduce fragmentation in the EU's financial markets, thereby helping to reduce the cost of funding
Amendment 65 #
2014/2245(INI)
Draft opinion
Paragraph 5
Paragraph 5
5. Calls for a more social and publictable and better regulatory environment both at national and EU level in order to make the EU more attractive in particular for private investments, without which it will be impossible to reach the target of raising industry’'s contribution to GDP to as much as 20 % by 2020; recalls that all investments and projects should enhance environmental protection.
Amendment 75 #
2014/2245(INI)
Draft opinion
Paragraph 6
Paragraph 6
6. Calls for an inclusive industrial strategy, that will tackle unemployment and secure more growth, more jobs with enhanced workers’ rights, and access to public health and education as one of the means of achieving the economic, social and territorial cohesion that is needed in the EU; considers that the ultimate goal should be sustainable development and a high quality of life, together with prosperity and decent work for everyonee ultimate goal of which should be tackling unemployment and securing competitiveness, growth and more jobs.
Amendment 7 #
2014/2240(INI)
Motion for a resolution
Citation 14 a (new)
Citation 14 a (new)
- Having regard to the Communication from the Commission on "A European Strategy for more Growth and Jobs in Coastal and Maritime Tourism" of February 2014;
Amendment 8 #
2014/2240(INI)
Motion for a resolution
Citation 15 a (new)
Citation 15 a (new)
- Having regard to the Competitiveness Council conclusions of 4 December 2014 entitled "Strengthening tourism by leveraging Europe' cultural, natural and maritime heritage";
Amendment 53 #
2014/2240(INI)
Motion for a resolution
Recital G a (new)
Recital G a (new)
Ga. whereas tourism contributes to 5% of the EU's GDP, 12 million jobs and 2.2 million enterprises; whereas cultural tourism equals to almost 40% of pan- European tourism; whereas sea and coastal tourism accounts for one third of all tourist activities in Europe, employing 3.2 million workers;
Amendment 55 #
2014/2240(INI)
Motion for a resolution
Paragraph 1
Paragraph 1
1. Takes note of the Commission communication entitled ‘Innovation in the Blue Economy: realising the potential of our seas and oceans for jobs and growth’; points out that the communication is of limited scope, confined as it is to relatively few sectors (deep-sea mining, energy, and biotechnology, for example)does not cover all sectors making up the blue economy; calls on the Commission to adopt a more comprehensive approach encompassing the challenges of innovation and job creation over the whole varied range of sectors making up the blue economy;
Amendment 69 #
2014/2240(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Calls on the Commission, in close coordination with Member States, to gauge the financing needs of the blue economy (at sectoral, regional, national, and European level) with a view to realising its growth and job- creating potential;
Amendment 130 #
2014/2240(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Believes that investment in the blue economy should be focused on, among others, take into account ‘eco- innovation’, resource efficiency, the circular economy, nature conservation, climate change mitigation and adaptation, and sustainable use of resources (ensuring that their rates of use do not, in the long term, exceed their natural regeneration rates); urges the Commission to incorporate these principles into present and future support programmes;
Amendment 140 #
2014/2240(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Calls for an appropriate financial framework to be established in order to stimulate the development of the blue economy and job creation, combining and coordinating the financial instruments available – structural and investment funding (EMFF, ERDF, ESF, Cohesion Fund), the research framework programme, the European Fund for Strategic Investments and so forth; points out that the instruments should be better geared to the needs of individual stakeholders – public institutions, businesses, especially SMEs, non-governmental organisations, etc. – and the opportunities being offered widely publicised;
Amendment 162 #
2014/2240(INI)
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Acknowledges the diversity and particularity of coastal and island communities and calls for the adoption of exceptional measures in order to efficiently promote the development of the blue economy in these areas by alleviating investment barriers and creating favourable conditions for growth;
Amendment 186 #
2014/2240(INI)
Motion for a resolution
Paragraph 18
Paragraph 18
18. Points to the strategic importance of shipbuilding, ship-repairing and ship- repairtrofitting and their links to other sectors – including merchant shipping, fisheries, and cruise tourism; considers that a commitment to technological innovation and a high degree of specialisation, which could lead to gains in added value, could create contexts less exposed to international competitionby taking advantage of European know-how and competitive advantages and might help to reverse the downturn that the sector has been undergoing; maintains that specific support should be provided to revitalise and modernise the European shipbuilding industry in its different forms;
Amendment 190 #
2014/2240(INI)
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. Notes that European sea and coastal tourism is facing competition from third countries; points out that the EU should capitalise on its cultural richness to offer sustainable and high quality maritime and coastal tourism services; considers that cultural heritage and maritime and coastal tourism can play a distinctive role in attracting more consumers and businesses by diversifying the tourism offer; emphasizes the positive contribution of cultural heritage, sea and coastal tourism to Europe's goals of sustainable economic growth and job creation;
Amendment 202 #
2014/2240(INI)
Motion for a resolution
Paragraph 20
Paragraph 20
20. Points out that energy from the seas and oceans, be it in the form of fossil fuels and above all, in particular hydrocarbons, or in the form of renewables, has great potential from the point of view of utilising domestic resources and diversifying energy sources; stresses that prospection for, and the exploitation of, these resources has to allow for technology transfer requirements, especially as regards the training of skilled and highly qualified workers, as well as meeting stringent environmental sustainability criteria; draws attention to the potential multiplier effect of these activities in terms of jobs and related activities, both upstream and downstream;
Amendment 211 #
2014/2240(INI)
Motion for a resolution
Paragraph 21
Paragraph 21
21. Considers that prospection and mining on the continental shelf require uninterrupted State involvement, especially as regards information, environmental impact assessment, analysing and minimising risks, and the exercise of sovereignty; suggests to develop a seabed mapping; points to the great potential offered by these activities for embedding scientific knowledge and development and technology transfer; points to the challengopportunities entailed in extracting minerals dissolved in sea wate, including critical raw materials, dissolved in sea water; stresses the expertise and technology developed by the EU to face the challenge of the sustainable exploitation of the sea and subsea floor;
Amendment 213 #
2014/2240(INI)
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21a. Deep-sea mining and access to Marine Mineral Resources (MMR) contribute to affordable access to essential raw materials which remains a priority for the competitiveness of EU industry;
Amendment 214 #
2014/2240(INI)
Motion for a resolution
Paragraph 21 b (new)
Paragraph 21 b (new)
21b. Mineral Resources in deep-sea, as a potential source of raw materials, such as copper, zinc, gold, silver, lead, cobalt and manganese, have become particularly important in recent years;
Amendment 215 #
2014/2240(INI)
Motion for a resolution
Paragraph 21 c (new)
Paragraph 21 c (new)
21c. In this context, reminds that the European Innovation Partnership (EIP) on Raw Materials has in its Strategic Implementation Plan identified seabed mining as an area to develop in the future.
Amendment 25 #
2014/2228(INI)
Draft opinion
Paragraph 1
Paragraph 1
1. Calls on the Commission to maintain the objective of including a specific energy chapter, whose scope would include industrial raw materials, in the TTIP which, as this could significantly increase the EU’s energy security;
Amendment 51 #
2014/2228(INI)
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. having in mind that bureaucratic burden and administrative costs which stem from tariff and non-tariff barriers to trade affect small and medium-sized enterprises (SMEs) disproportionately more than big companies;
Amendment 100 #
2014/2228(INI)
Draft opinion
Paragraph 4
Paragraph 4
4. Points to the huge differentials between the USA and the EU in energy prices but also in per capita CO2 emissions; calls on the Commission, therefore, to provide energy-intensive sectors in the EU, including the chemicals industry and the industrial raw materials sector, with appropriate measures maintaining current tariff rates over the longest possible period after the entry into force of the TTIP;
Amendment 150 #
2014/2228(INI)
Draft opinion
Paragraph 6
Paragraph 6
6. Requests that the Commission facilitate more active participation of EU firms in US public procurement on a basis of reciprocity, as this can contribute to stimulating private-sector innovation and to the emergence of new, high-growth innovative companies and sectors;
Amendment 193 #
2014/2228(INI)
Draft opinion
Paragraph 8
Paragraph 8
8. Reminds the Commission, regarding ICT services, that it is of particular importance that the TTIP ensure a level playing field with equal access for EU service companies to the US market on a basis of reciprocity and with an obligation on US service providers to respect the rules applicable to EU companies when providing services in Europe or to European customers.
Amendment 14 #
2014/2223(INI)
Draft opinion
Paragraph 2
Paragraph 2
2. Acknowledges that the EU has a pivotal role to play in supporting national policies aimed at achieving multifunctional and sustainable forest management, in strengthening cooperation in the face of increased cross-border threats such as forest fires, illegal logging and pests, and in ensuring coherence on forest-related issues across EU policies such as those relating to agriculture, industry and competitiveness, climate, biodiversity, renewable energy, water and soil;
Amendment 34 #
2014/2223(INI)
Draft opinion
Paragraph 5
Paragraph 5
5. Considers that the objective included in the EU Forest Strategy of enhancing the contribution of forests and the forest sector to rural development, growth and job creation must take full account of the economic, social, cultural and environmental goods and services sourced fromprovided by forests, in particular the important role that forestssustainable forest management, utilising wood-based products and energy play in reducing CO2 emissions, which is an important element of EU climate policy and recalls that forest biomass is a very important source of renewable energy;
Amendment 48 #
2014/2223(INI)
Draft opinion
Paragraph 6
Paragraph 6
6. Supports the carrying out of a cost assessment of allthe most relevant EU legislation and policies affecting the value chains of forest-based industries, with a view to cutting out all unnecessary and burdensome bureaucracy and increasting thenabling framework to increase industry’'s long-term competitiveness in a sustainable manner.;
Amendment 56 #
2014/2223(INI)
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Stresses the support EU framework programmes for research and development can give to the forest sector in developing new and higher added-value products, while not forgetting those traditional high-value usages that still have huge growth potential, such as using wood in construction;
Amendment 57 #
2014/2223(INI)
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Welcomes the setting up of a Forest Information System for Europe by collecting data and information on the multifunctional role of forests and forest resources from the national databases;
Amendment 61 #
2014/2211(INI)
Motion for a resolution
Recital E a (new)
Recital E a (new)
Ea. whereas many important economic sectors are related to the base metal production as galvanic industry, electrical and electronic industry, electricity transmission, etc.;
Amendment 66 #
2014/2211(INI)
Motion for a resolution
Recital F a (new)
Recital F a (new)
Fa. whereas the ITRE opinion on recommendations to the European Commission on the negotiations for the Transatlantic Trade and Investment Partnership (2014/2228(INI)) underlined the importance of a chapter on energy, addressing all existing measures that limit or condition energy exports and at the same time stressed the disadvantage of EU energy-intensive industries and the need to safeguard their competitiveness;
Amendment 75 #
2014/2211(INI)
Motion for a resolution
Recital F b (new)
Recital F b (new)
Fb. whereas the aim of the Energy Union Package is to create a secure, sustainable, competitive and affordable energy market in order to enhance the global competitiveness of the European economy, reducing and harmonising energy prices in Europe and among Member States;
Amendment 77 #
2014/2211(INI)
Motion for a resolution
Recital F c (new)
Recital F c (new)
Fc. whereas the recognition of market economic status to state-run or other non- market economies would undermine trade defence instruments and severely impact the competitiveness of the European base metal industries;
Amendment 169 #
2014/2211(INI)
Motion for a resolution
Paragraph 10
Paragraph 10
10. Notes that knowing the carbon content, which is assessed on an industry-wide basis, is essential for building an international system for combating greenhouse gas emissions; at the same time recalls the complexity of establishing the carbon content; stresses the difficulties that the steel sector finds to select the benchmarks that should be used; highlights that it should be clarified if the adjustment measures will be applied only to the base metals or also to finished or semi-finished products; emphasises that the establishing of a future border adjustment mechanism should in any case not reduce the number of the allowances neither increase their price; points out that the establishing of border adjustment measures is thus the precursor of an international system to combat CO2 emissions;
Amendment 182 #
2014/2211(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Regrets that the state aid based compensation regime for indirect costs has created a new factor in competitive inequality in Europe among producers in electricity-intensive sectors, who can receive financial support from the authorities in their countries; addurges that this compensation, which was devised as a transitional measure, should swiftly be reduced and, especially, be granted at European level in order not to distort should be granted at European level in order to ensure a level playing field with global competitionors and among European producers;
Amendment 188 #
2014/2211(INI)
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11a. Refers to the agreement on the establishment and operation of a market stability reserve (2014/0011/COD) which states: "In pursuing the goal of a level playing field, that review should also consider harmonised arrangements to compensate for indirect costs at the Union level";
Amendment 193 #
2014/2211(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
Amendment 196 #
2014/2211(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Considers that despite the fact that the differentiated carbon impact on electricity prices arising fromis partly due to the energy mix of each supplier is a legitimate factor in competitiveness and depends on the choices made by each sovereign sta, the ETS is a EU harmonized measure to reduce industry emissions and therefore its impacts should be addressed through a harmonized system;
Amendment 204 #
2014/2211(INI)
Motion for a resolution
Paragraph 14
Paragraph 14
14. Urges that free allowances be allocated strictly on the basis ofand compensation for indirect costs better target those sectors subject to a global pricing regime or that cannot pass on the direct or indirect costs of the ETS in their product prices; adds that free allowances should also be allocated to reward programmes for investment in new equipment, R&D and the training of workers, as soon as possible and at all events during the fourth stage, covering the period 2021-2028;
Amendment 237 #
2014/2211(INI)
Motion for a resolution
Paragraph 19
Paragraph 19
19. Notes that it remainsHighlights the importance to the competitiveness of Europe's base metal sector of the possibleility to conclude long- term contracts, under certain conditions, which must be compatible with a return on investment, the duration of which must be no less than 15 years in the case of highly capital-intensive industriessufficient to provide industries with a reasonable degree of predictability;
Amendment 250 #
2014/2211(INI)
Motion for a resolution
Paragraph 21
Paragraph 21
21. Suggests a preliminary investigation phase of a maximum of one month for an initial review of anti-dumping and anti- subsidy complaints following which, based on the initial evidence, preventive correction measures may be announExhort the Council to conclude the revision of the two regulations on Trade Defence Instruments, in order to streamline, reinforced and a thorough investigation conductspeed up these instruments, ensuring they won't be weakened;
Amendment 32 #
2014/2210(INI)
Motion for a resolution
Recital F
Recital F
F. whereas it is impossible, due to the lack of a definition, to gather comparable data in the EU Member States in order to draw attention to the special situation and economic accomplishments of family businesses;
Amendment 61 #
2014/2210(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Stresses that, because of their history, family businesses are very rooted in a particular location and thus also create and preserve jobs in rural and in less attractive areas; calls on the Commission and the Member States, therefore, to provide the necessary infrastructure in order to ensure the competitiveness of such businesses;
Amendment 64 #
2014/2210(INI)
Motion for a resolution
Paragraph 2
Paragraph 2
2. Stresses that, because of their history, family businesses are very rooted in a particular location and thus also create jobs in rural and in less attractive areas; calls on the Commission and the Member States, therefore, to provide the necessary infrastructure in order to ensure the competitiveness of such businesses; and to consider these as clusters which would facilitate cross-sectoral and cross- border collaboration, thus, helping them, in particular micro-entities and start- ups, to grow and internationalise;
Amendment 68 #
2014/2210(INI)
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Acknowledges that much of the private-sector workforce is to be found in family businesses; underscores the fact, accordingly, that all improvements as regards the survival and growth of family businesses also benefit the European economy as a whole;
Amendment 70 #
2014/2210(INI)
Motion for a resolution
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Points out that, in agriculture, family farms are the most common business model; notes that, because land is owned, family farms are extremely rooted in a particular location; calls therefore on the Commission and Member States to ensure that the survival of family farms is not jeopardised by, in particular, excessive red tape;
Amendment 72 #
2014/2210(INI)
Motion for a resolution
Paragraph 3
Paragraph 3
3. Notes that highly specialised family businesses in particular play an important role as suppliers to, and innovators for, larger companies and that, given their long- term and intergenerational approach to business, they provide the companies they supply with material security and thereby make a significant contribution to economic growth;
Amendment 81 #
2014/2210(INI)
Motion for a resolution
Paragraph 5
Paragraph 5
5. Calls on the Member States, with this in mind, to ensure that national rules on the taxation of inheritance and gifts and on corporate taxation do not discriminate against equity financing, which is so vital for family businesses, but, rather, support it; calls on the Member States furthermore, from a competition point of view, not to grant preferential tax treatment for the debt financing of entrepreneurial investment and innovations; points out, in this connection, that in Hungary inheritance tax on business assets has been abolished;
Amendment 98 #
2014/2210(INI)
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Calls on the Commission to consider extending the beneficiaries of all existing instruments for SMEs and / or entrepreneurs in particular COSME, to family businesses;
Amendment 108 #
2014/2210(INI)
Motion for a resolution
Paragraph 7
Paragraph 7
7. Notes that 35% of those companies that do not invest in foreign markets fail to do so because of their lack of knowledge of foreign markets; calls on the Commission and the Member States therefore to provide smaller family businesses in particular with information about opportunities for internationalisation via the SME Internationalisation portal and the European Cluster Collaboration Platform (ECCP) and ensure that they have access to a better exchange of experience and good practices; calls on the Member States, furthermore, to provide support services for businesses that intend to invest internationally, for example by providing them with information or export credit guarantees and by removing trade barriers;
Amendment 113 #
2014/2210(INI)
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Notes that the tax, legal and administrative environment in which family businesses and owner-managed businesses are run is determined by the cumulative effect of company law and private law;
Amendment 119 #
2014/2210(INI)
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Calls on the Commission and, in particular, the Member States to promote specific training for family businesses in business transfers, governance structures, owner strategies and innovating, in particular in countries where, for historical reasons, the family business concept is not as well established; notes that, in the long term, well-functioning vocational-training systems could be instrumental in combating the skilled- worker shortage and youth unemployment;
Amendment 131 #
2014/2210(INI)
Motion for a resolution
Paragraph 9
Paragraph 9
9. Calls on the Commission and especially the Member States therefore to set up a one-stop shop for family businesses involved in a business transfer, improve the legal framework for the transfer of family businesses and create special financing instruments for transfers and thus prevent liquidity shortages so as to ensure the survival of family businesses and prevent distress sales; notes in this connection that a Family Business Act is being introduced in Malta which aims to support family businesses during the transfer phase, through special training courses, and to create a positive tax and administrative environment;
Amendment 157 #
2014/2210(INI)
Motion for a resolution
Paragraph 10
Paragraph 10
10. Calls on the Commission to commissionregularly commission adequately funded studies that analyse the importance of ownership for the success and survival of a business and highlight the specific challenges facing family businesses, and, together with Eurostat, to formulate a definition of family businesses that is fit for statistical purposes; calls on the Commission also to collect enough data on family businesses in the various Member States both to allow a comparison of the situation of family businesses, and a comparison between family and non-family businesses, and to promote exchanges of examples of good practices;
Amendment 173 #
2014/2210(INI)
Motion for a resolution
Paragraph 11
Paragraph 11
11. Calls on the Commission to conduct an impact assessment of the extent to which a revisionbroadening of the European SME definition from 2003 would be possible, moving away from purely quantitative criteria to qualitative criteria that also take into account the ownership of a company, bearing in mind the interdependence of ownership, control and management, the fact that risk and liability are borne solely by the family itself, and, generally, the personal aspect of running a business, and the consequences this could have on family businesses, for example, with regard to state aid and the eligibility of such businesses;
Amendment 180 #
2014/2210(INI)
Motion for a resolution
Paragraph 12
Paragraph 12
12. Calls on the Commission in the meantime, as part of its regulatory impact assessment, to establish a ‘family business test’ modelled on the SME testand in particular in connection with policies relating to ownership or governance structures, to establish a ‘family business test’ modelled on the SME test and taking account in particular of the cumulative effect of company law and private law, in order to be able to determine the effect of certain legal acts on family businesses in advance and thereby avoid unnecessary red tape for family businesses;
Amendment 186 #
2014/2210(INI)
Motion for a resolution
Paragraph 13
Paragraph 13
13. Calls on the Commission to establish aset up a high-level group to define the remit of an internal permanent working group internally that specifically addresses the needs and characteristics of family businesses, regularly reports to Parliament and the Member States and acts as a contact at European level for family business for specific issues particularly relating to European legislation;
Amendment 193 #
2014/2210(INI)
Motion for a resolution
Paragraph 14
Paragraph 14
14. Calls on the Commission to strive to strengthen entrepreneurship throughout the EU and to create an positive environment for business excellence;
Amendment 203 #
2014/2210(INI)
Motion for a resolution
Paragraph 15
Paragraph 15
15. Calls on the Commission to draw up, as soon as possible, a communication analysing the role of family businesses with a view to boosting the competitiveness of the EU’s economy by 2020, and to produce a road map listing the measures likely to strengthen the economic environment and development of family businesses in the EU;
Amendment 1 #
2014/2150(INI)
Motion for a resolution
Citation 3 a (new)
Citation 3 a (new)
- having regard to its resolution of 27 November 2014 on the revision of the Commission's impact assessment guidelines and the role of the SME test2 a, __________________ 2a Adopted text, P8-TA(2014)0069
Amendment 127 #
2014/2150(INI)
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Proposes that the Commission establishes as soon as possible a high- level Better Regulation Advisory Body involving both stakeholder expertise and national experts; proposes a strong and independent advisory mandate for this body, which should complement the Commission's work on impact assessments; believes that such a body's expertise, including as regards subsidiarity and proportionality, could provide added value for the impact assessment procedure and for other initiatives relating to better regulation; asks that Parliament and the Council be involved in the expert nomination procedure; suggests that the best practices and experience of existing better regulation bodies (such as those in Sweden, the Czech Republic, the Netherlands, the United Kingdom and Germany) be taken into account;
Amendment 158 #
2014/2150(INI)
Motion for a resolution
Paragraph 19
Paragraph 19
19. Welcomes the Commission's clear commitment to further improving the SME test and calls on the Commission to monitor effectively whether Member States apply the SME-test consistently during the legislative process, particularly in view of the extremely large number of small and medium-sized enterprises, which are the cornerstone of economic activity and employment; supports consideration of adapted agreements and more flexible SME impact assessment rules, provided that it can be shown that they do not undermine the effectiveness of legal provisions and that exemptions or more flexible provisions do not encourage fragmentation of the internal market or hamper access to it;
Amendment 221 #
2014/2150(INI)
Motion for a resolution
Paragraph 30
Paragraph 30
Amendment 19 #
2014/0011(COD)
Proposal for a decision
Recital 2
Recital 2
(2) The report from the Commission to the European Parliament and the Council on the state of the European carbon market in 21027 identified the need for measures in order to tackle structural supply-demand imbalances. The impact assessment on the 2030 climate and energy policy framework8 indicates that this imbalance is expected to continue, and would not be sufficiently addressed by adapting the linear trajectory to a more stringent target within this framework. A change in the linear factor only changes gradually the cap. Accordingly, the surplus would also only gradually decline, such that the market would have to continue to operate for more than a decade with a surplus of around 2 billion allowances or more. In order to address this problem and to make the European Emission Trading System more resilient to imbalances, a market stability reserve should be established. To ensure regulatory certainty as regards auction supply in phase 3 and allow for some lead-time adjusting to the introduction of the design change, the market stability reserve should be established as of phase 4 starting in 2021. In order to preserve a maximum degree of predictability, clear rules should be set for placing allowances into the reserve and releasing them from the reserve. Where the conditions are met, beginning in 2021, allowances corresponding to 120% of the number of allowances in circulation in year x-21 should be put into the reserve. A corresponding number of allowances should be released from the reserve when the total number of allowances in circulation is lower than 4500 million. __________________ 7 8COM(2012)652 final. COM(2012)652. 8 Insert reference. Insert reference.
Amendment 32 #
2014/0011(COD)
Proposal for a decision
Recital 3 a (new)
Recital 3 a (new)
(3a) The European Council conclusions of 23 and 24 October 2014 on the 2030 Climate and Energy Policy Framework give clear guidance on the continuation of free allocations and carbon leakage provisions after 2020, stating that "the most efficient installations in the sectors at risk of losing international competitiveness should not face undue carbon costs leading to carbon leakage" and that "future allocations will ensure better alignment with changing production levels in different sectors" and "at the same time, incentives for industry to innovate will be fully preserved and administrative complexity will not be increased." The conclusions further underline that both direct and indirect costs for the respective industry sectors will be taken into account as well as the need for affordable energy prices. It is of paramount importance that the Commission reviews the functioning of Directive 2003/87/EC in that respect.
Amendment 76 #
2014/0011(COD)
Proposal for a decision
Article 1 – paragraph 3
Article 1 – paragraph 3
3. In each year beginning in 2021, a number of allowances equal to 120% of the total number of allowances in circulation in year x-21, as published in May year x-1, shall be placed in the reserve, unless this number of allowances to be placed in the reserve would be less than 100 million.
Amendment 115 #
2014/0011(COD)
Proposal for a decision
Article 2 a (new)
Article 2 a (new)
Article 2a Review of Directive 2003/87/EC By ...*, the Commission shall review Directive 2003/87/EC, taking into account the conclusions of the European Council of 23 and 24 October 2014, in particular with regard to carbon leakage provisions and the continuation of free allocations, better reflecting changing production levels and incentivising the most efficient performance taking into account direct and indirect carbon costs, and if appropriate shall, in accordance with the ordinary legislative procedure, submit a proposal to the European Parliament and the Council. ________________ * OJ: Please, insert the date: six months from the entry into force of this Decision.
Amendment 118 #
2014/0011(COD)
Proposal for a decision
Article 3 – paragraph 1
Article 3 – paragraph 1
Amendment 381 #
2013/0314(COD)
Proposal for a regulation
Article 7 – paragraph 1 – subparagraph 1 – point a – paragraph 2
Article 7 – paragraph 1 – subparagraph 1 – point a – paragraph 2
The input data shall be transaction data. If available or, where appropriate, non-transaction based data, is not sufficient to represenncluding committed quotes and verifiable estimates provided that it accurately and reliably represents the market or economic reality that the benchmark is intended to measure, input data which is not transaction data may be used provided that such data is verifiable.
Amendment 388 #
2013/0314(COD)
Proposal for a regulation
Article 7 – paragraph 1 – subparagraph 1 – point c
Article 7 – paragraph 1 – subparagraph 1 – point c
(c) Where the input data of a critical benchmark is not transaction data and a contributor is a party to more than 50% of value of transactions in the market which that the benchmark intends to measure, the administrator shall verify where possible that the input data represents a market subject to competitive supply and demand forces. Where the administrator finds that the input data does not represent a market subject to competitive supply and demand forces, it shall either change the input data, the contributors or the methodology to ensure that the input data represents a market subject to competitive supply and demand forces, or cease to provide that benchmark (‘Market impact’). Any change referred to in this paragraph shall not be intended as a breach of any financial contract or financial instrument which references that benchmark.
Amendment 457 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 1 – introductory part
Article 14 – paragraph 1 – introductory part
1. Where contributors, comprising at least 20% of thIf one or more contributors to a critical benchmark haveintend to ceased contributing, or there are sufficient indications that at least 20% of the contributors are likely to cease contributing, in any year, the competent authority input data, they shall promptly notify the benchmark administration in writing, which shall inform ESMA without delay and submit to it an assessment of the implications of the capability of the benchmark to measure the underlying market or economic reality. In case ESA considers that the representativeness ofr the administratorcontinuity of a critical benchmark is put at risk, it, shall have the power to:
Amendment 461 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 1 – point a
Article 14 – paragraph 1 – point a
(a) require supervised entities, selected in accordance with paragraphs 2, to contribute input data to the administrator in accordance with the methodology, code of conduct or other rules;
Amendment 462 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 1 – point a a (new)
Article 14 – paragraph 1 – point a a (new)
(aa) require supervised entities which are not already contributors to the relevant critical benchmark, selected in accordance with paragraph 2, to contribute input data to the administrator in accordance with the methodology, code of conduct or other rules;
Amendment 465 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 1 – point b
Article 14 – paragraph 1 – point b
(b) determine the form in which, and the time by which, any input data is to be contributed, without incurring an obligation to either trade or commit trade;
Amendment 467 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 1 – point c
Article 14 – paragraph 1 – point c
(c) change the code of conduct, methodology or other rules of the critical benchmark; contributors which notified their intention to cease contributing input data shall continue contributing input data until ESMA has finished its assessment.
Amendment 474 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 2 – introductory part
Article 14 – paragraph 2 – introductory part
2. For a critical benchmark, tThe supervised entities that are required to contribute in accordance with paragraph 1 point a a (new) shall be determined by the competent authority of the administratorESMA on the basis of the following criteria:
Amendment 479 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 2 – point b
Article 14 – paragraph 2 – point b
(b) the supervised entity's expertise and ability to provide input data of the necessary quality. New contributors which are required to contribute input data in accordance with paragraph 1 point a a (new) shall have a period of time of at least 1 year to set up the necessary arrangements to make such contribution.
Amendment 481 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 3
Article 14 – paragraph 3
3. The competent authority of a supervised contributor that has been required to contribute to a benchmark through measures taken in accordance with points (a) and (b) of paragraph 1 shall assist the competent authority of the administratoraragraph 1 shall support ESMA in the enforcement of such measures.
Amendment 489 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 4 – introductory part
Article 14 – paragraph 4 – introductory part
4. The competent authority of the administrator shESMA shall annually review each measure adopted under paragraph 1 one year following its adoption. It shall revoke it if:
Amendment 490 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 4 – point a – introductory part
Article 14 – paragraph 4 – point a – introductory part
Amendment 491 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 4 – point a – point 1
Article 14 – paragraph 4 – point a – point 1
Amendment 492 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 4 – point a – point 2
Article 14 – paragraph 4 – point a – point 2
(2) a written report by the administrator to the competent authority providing evidence for its assessment that the criticala) judges that the benchmark's continued viability can be assured once mandatory participation has been revoked which shall be evidenced by a written report provided by the administrator.
Amendment 493 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 4 – point b
Article 14 – paragraph 4 – point b
(b) judges that an acceptable substitute benchmark is available and users of the critical benchmark can switch to this substitute at minimal costs which shall be evidenced by at least a written report by the administrator detailing the means of transition to a substitute benchmark and the ability and costs to users of transferring to this benchmark.
Amendment 498 #
2013/0314(COD)
Proposal for a regulation
Article 14 – paragraph 5
Article 14 – paragraph 5
5. The administrator shall notify the relevant competent authorityESMA in the event that any contributors breach the requirements of paragraph 1 of this Article as soon as is technically possible.