6 Amendments of Corien WORTMANN-KOOL related to 2010/2303(INI)
Amendment 2 #
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Notes a lack of values and ethics in the behaviour of some actors in financial markets and institutions; underlines that financial markets and institutions have to take into account, as part of their corporate social responsibility, the interests of all of the parties involved, such as its clients, shareholders and employees;
Amendment 12 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Recognises that the area of corporate governance is constantly evolving and is therefore ill-suited to a prescriptive approach and that a flexible ‘comply or explain’ approach in the form of codes of best practice is more appropriate; believes that ‘comply or explain’ is proportionate and canthat a ‘comply or explain’ approach in the form of codes of best practice should be applied across a wide range of financial institutions and listed companies operating in various sectors and markets where appropriate, but that it must be complemented by concrete legislation, as well as by regular external evaluation and appropriate regulatory oversight;
Amendment 28 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Calls for the establishment of mandatory risk committees at board level for all economically significant financial institutions and at parent company board level for all economically significant financial groups;
Amendment 94 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. NotWelcomes that the issue of remuneration in financial institutions has been dealt with in CRD III as a first step; stresses, however, that additional measures at EU level are needed in order to ensure that the structure of remuneration does not encourage excessive risk-taking in the financial services sectors as well as to prevent distortions of competition between financial institutions in different sectors;
Amendment 98 #
Motion for a resolution
Paragraph 23 a (new)
Paragraph 23 a (new)
23a. Notes that the application of existing recommendations for the remuneration of directors of listed companies is neither uniform nor satisfactory; therefore calls on the Commission to come forward with legislation at EU level on remuneration for directors of listed companies in order to ensure that the structure of remuneration in listed companies does not encourage excessive risk-taking as well as to ensure an EU level-playing field;
Amendment 142 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. Calls for mandatory annual elections of each member of the board or mandatory annual requests for approval of the board's policy or for discharge of the board at the AGM, with a view to making the board more accountable and encouraging a culture of greater responsibility;