3 Amendments of György SCHÖPFLIN related to 2015/0009(COD)
Amendment 107 #
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
1. The EFSI Agreement shall provide that the EFSI shall be governed by a Steering Board, which shall determine the strategic orientation, the strategic asset allocation and operating policies and procedures, including the investment policy of projects that EFSI can support and the risk profile of the EFSI, in conformity with the objectives under Article 5(2). When establishing the investment policy and the risk profile for the EFSI support, the Steering Board shall take into account the need to avoid excessive geographical concentration. The Steering Board shall elect one of its members to be Chairperson.
Amendment 128 #
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 Investment Committee shall be composed of twelve independent experts and the Managing Director selected via an open and transparent selection procedure. Independent experts shall have a high level of relevant market experience in project finance, extensive knowledge of the sectors and geographical markets of the Union and be appointed by the Steering Board for a renewable fixed term of three years. Decisions of the Investment Committee shall be taken by simple majority.
Amendment 131 #
Proposal for a regulation
Article 3 – paragraph 5 – subparagraph 1 a (new)
Article 3 – paragraph 5 – subparagraph 1 a (new)
The Investment Committee shall take into account the Union's goal of economic, social and territorial cohesion and avoid further imbalances across the regions of the European Union.