7 Amendments of Françoise CASTEX related to 2009/0142(COD)
Amendment 17 #
Proposal for a regulation
Recital 34
Recital 34
(34) Member States have a core responsibility in preserving financial stability in crisis managementsituations, in particular with regard to stabilising and resolving individual ailing financial institutions. Measures by the Authority in emergency or settlement situations affecting the stability of a financial institution should not impinge on the fiscal responsibilities of Member States. A mechanism should be established whereby Member States may invoke this safeguard and ultimately bring the matter before the Council for a decision. It is appropriate to confer on the Council a role in this matter given the particular responsibilities of the Member States in this respectrequest that the decision of the Authority be reconsidered.
Amendment 30 #
Proposal for a regulation
Article 23 – paragraph 1
Article 23 – paragraph 1
1. The Authority shall ensure that no decision adopted under Articles 10 or 11 impinges in any wadirectly on the fiscal responsibilities of Member States.
Amendment 32 #
Proposal for a regulation
Article 23 – paragraph 2 – subparagraph 1
Article 23 – paragraph 2 – subparagraph 1
2. Where a Member State considers that a decision taken under Article 11 impinges on its fiscal responsibilities, it may notify the Authority and, the Commission within one monthand the Council within three working days after notification of the Authority's decision to the competent authority that the decision will not be implemented by the competent authority.
Amendment 34 #
Proposal for a regulation
Article 23 – paragraph 2 – subparagraph 3
Article 23 – paragraph 2 – subparagraph 3
Amendment 35 #
Proposal for a regulation
Article 23 – paragraph 2 – subparagraph 4
Article 23 – paragraph 2 – subparagraph 4
Within a period of one monthweek from the notification by the Member State, the Authority shall inform the Member State as to whether it maintains its decision or whether it amends or revokes it.
Amendment 36 #
Proposal for a regulation
Article 23 – paragraph 2 – subparagraph 5
Article 23 – paragraph 2 – subparagraph 5
Where the Authority maintains its decision, the Council, acting by qualified majority as defined in Article 205 of the Treaty, shall, within twoone months, decide whether the Authority's decision is maintained or revoked.
Amendment 37 #
Proposal for a regulation
Article 23 – paragraph 2 – subparagraph 6
Article 23 – paragraph 2 – subparagraph 6
Where the Council decides to maintain the Authority's decision, or where it does not take a decision within twoone months, the suspension of that decision ishall be immediately terminaimplemented.