11 Amendments of Jean-Paul GAUZÈS related to 2008/2122(INI)
Amendment 5 #
Motion for a resolution
Recital D
Recital D
D. whereas several features distinguish microcredit from ordinary credit, including credit for small and medium-sized enterprises, and whereas businesses seeking ordinary credit are generally and whereas the recipients of microcredit should seek to integrate or reintegrate themserlved bys into the traditional banksing system,
Amendment 8 #
Motion for a resolution
Recital G
Recital G
G. whereas microcredits are by definition small but the possibility of 'recycling' them (granting as further such loan after repayment) due to their generally short maturity multiplies their impact, without disregarding the objective of reintegrating the recipients into the traditional banking system,
Amendment 9 #
Motion for a resolution
Recital H
Recital H
H. whereas a range of providers can offer microcredit, such as informal financial services providers, member-owned organisations, non-governmental organisations and savings and commercial banks, and whereas cooperation between non-bank microfinance institutions (MFIs) and commercial bankthese various providers could be beneficial,
Amendment 18 #
Motion for a resolution
Recital K
Recital K
Amendment 26 #
Motion for a resolution
Recommendation 1 – point d
Recommendation 1 – point d
Amendment 35 #
Motion for a resolution
Recommendation 3 – title and introductory part
Recommendation 3 – title and introductory part
3. Recommendation 3 on a harmonised EU framework for non-bank MFImicrocredit providers The European Parliament considers that the legislative act to be adopted should aim to regulate the following: The Commission should propose legislation to provide an EU-wide framework for non-bank MFImicrocredit providers. The elements of such a framework should be:
Amendment 37 #
Motion for a resolution
Recommendation 3 – point a
Recommendation 3 – point a
(a) a clear definition of microcredit providers, providing that they do not take deposits, and therefore do not constitute financial institutions under the CRD;
Amendment 38 #
Motion for a resolution
Recommendation 3 – point b
Recommendation 3 – point b
(b) the ability to conduct credit-only activitiesharmonised, risk-based rules as regards authorisation, registration, reporting and prudential supervision;
Amendment 39 #
Motion for a resolution
Recommendation 3 – point c
Recommendation 3 – point c
(c) the ability to on-lend; anda detailed impact assessment which should be carried out in advance with a view to measuring the risk of over- indebtedness and abuse of market position by lenders;
Amendment 41 #
Motion for a resolution
Recommendation 3 – point d
Recommendation 3 – point d
Amendment 43 #
Motion for a resolution
Recommendation 5 – point b
Recommendation 5 – point b
(b) The Commission should specify in legislation that the role of non-bank MFImicrocredit providers and, if applicable, the public support that such institutions receive are in line with EU competition rules.