10 Amendments of Corien WORTMANN-KOOL related to 2011/0062(COD)
Amendment 361 #
Proposal for a directive
Article 5 – paragraph 2 – point a (new)
Article 5 – paragraph 2 – point a (new)
(a) Member States shall ensure that the remuneration of creditors’ staff and credit intermediaries responsible for the assessment of the creditworthiness or for the provision of advice is not linked to individual product results or sales targets.
Amendment 368 #
Proposal for a directive
Article 6 – paragraph 1 – introductory part
Article 6 – paragraph 1 – introductory part
1. Home Member States shall ensure that:
Amendment 383 #
Proposal for a directive
Article 6 – paragraph 2
Article 6 – paragraph 2
2. Home Member States shall ensure that the appropriate level of knowledge and competence is determined on the basis of recognised qualifications or experience.
Amendment 388 #
Proposal for a directive
Article 6 – paragraph 3
Article 6 – paragraph 3
3. Home Member States shall make public the criteria they have established in order for credit intermediaries or creditors’ staff to meet their competence requirements. Such criteria shall include a list of any recognised qualifications.
Amendment 395 #
Proposal for a directive
Article 6 – paragraph 4
Article 6 – paragraph 4
4. Powers are delegated to the Commission in accordance with Article 26 and subject to the conditions of Articles 27 and 28The Commission shall be empowered to adopt delegated acts in accordance with Article 26, to specify the minimum requirements provided in paragraph 1 and 2 of this Article, and in particular, the necessary minimum requirements for appropriate knowledge and competence appropriate to the function and the relevant market.
Amendment 608 #
Proposal for a directive
Article 14 – paragraph 5
Article 14 – paragraph 5
Amendment 655 #
Proposal for a directive
Article 18 – paragraph 1
Article 18 – paragraph 1
1. Member States shallmay ensure that the consumer has a statutory or contractual right to discharge his obligations under a credit agreement prior to the expiry of that agreement. In such cases, he shall be entitled to a reduction in the total cost of the credit, such a reduction consisting of the interest and the costs for the remaining duration of the contract.
Amendment 682 #
Proposal for a directive
Article 18 – paragraph 2 – subparagraph 2
Article 18 – paragraph 2 – subparagraph 2
Where a Member States may lays down such conditions, these shall not make the exercise of the right referred to in paragraph 1 excessively difficult or onerous for the consumer.
Amendment 689 #
Proposal for a directive
Article 18 a (new)
Article 18 a (new)
Article 18a Portability 1. Member States shall ensure that lenders allow borrowers to keep a credit agreement when moving house provided that the value of the new property is sufficient to serve as the collateral required by the credit agreement and when the conditions required to consider collaterals as equivalents referred to in paragraph 2 have been fulfilled. 2. Member States shall adopt the measures appropriate to ensure that where under national law a credit agreement related to a residential immovable property located in another Member State is considered as equivalent to a credit agreement related to a residential immovable property on its territory for the purposes of being pooled in financial instruments traded in secondary markets, they shall also be considered equivalent for the purpose of paragraph 1.
Amendment 694 #
Proposal for a directive
Article 18 b (new)
Article 18 b (new)
Article 18b Payment flexibility Member States may ensure that creditors allow consumers to make payments which exceed the amount required by the amortisation structure of the loan contained in the credit agreement without penalty and thereby have the right to redeem in the future the payments scheduled according the amortization structure up to the value by which they have previously exceeded the required amount.