6 Amendments of Sharon BOWLES related to 2009/0144(COD)
Amendment 148 #
Proposal for a regulation
Recital 11
Recital 11
(11) The legal acts which lay down the tasks for competent authorities of Member States, including cooperating with each other and with the Commission, are the following: Directive 97/9/EC of the European Parliament and of the Council of 3 March 1997 on investor-compensation schemes, Directive 98/26/EC of the European Parliament and of the Council of 19 May 1998 on settlement finality in payment and securities settlement systems, Directive 2001/34/EC of the European Parliament and of the Council of 28 May 2001 on the admission of securities to official stock exchange listing and on information to be published on those securities, Directive 2002/47/EC of the European Parliament and of the Council of 6 June 2002 on financial collateral arrangements, Directive 2002/87/EC of the European Parliament and of the Council of 16 December 2002 on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate, Directive 2003/6/EC of the European Parliament and of the Council of 28 January 2003 on insider dealing and market manipulation (market abuse), Directive 2003/71/EC of the European Parliament and of the Council of 4 November 2003 on the prospectus to be published when securities are offered to the public or admitted to trading and amending Directive 2001/34/EC, Directive 2004/25/EC of the European Parliament and of the Council of 21 April 2004 on takeover bids, Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments, Directive 2004/109/EC of the European Parliament and of the Council of 15 December 2004 on the harmonisation of transparency requirements in relation to information about issuers whose securities are admitted to trading on a regulated market and amending Directive, Directive 2005/60/EC of the European Parliament and of the Council of 26 October 2005 on the prevention of the use of the financial system for the purpose of money laundering and terrorist financing, Directive 2002/65/EC of the European Parliament and of the Council of 23 September 2002 concerning the distance marketing of consumer financial services, Directive 2006/49/EC of the European Parliament and the Council of 14 June 2006 on the capital adequacy of investment firms and credit institutions (recast), without prejudice to the competence of the European Banking Authority in terms of prudential supervision, Directive 2009/65/EC of the European Parliament and of the Council of 13 July 2009 concerning Undertakings for Collective Investment in Transferable Securities, Directive … (future AIFM Directive), and Regulation … (future CRA Regulation), including all Commission directives, regulations and decisions based on these acts, and of any further CommunityUnion act which confers tasks on the Authority.
Amendment 174 #
Proposal for a regulation
Recital 38
Recital 38
(38) A full time Chairperson, selecappointed by the Board of Supervisors through an open competitionEuropean Parliament following an open selection procedure managed by the Board of Supervisors, should represent the Authority. The management of the Authority should be entrusted to an Executive Director, who should have the right to participate in meetings of the Board of Supervisors and the Management Board without the right to vote.
Amendment 182 #
Proposal for a regulation
Article 1 – paragraph 2
Article 1 – paragraph 2
2. The Authority shall act within the scope of Directive 97/9/EC, Directive 98/26/EC, Directive 2001/34/EC, Directive 2002/47/EC, Directive 2002/87/EC, Directive 2003/6/EC, Directive 2003/71/EC, Directive 2004/25/EC, Directive 2004/39/EC, Directive 2004/109/EC, Directive 2005/60/EC, Directive 2009/65/EC, Directive 2002/65/EC, Directive 2006/49/EC (without prejudice to the competence of the European Banking Authority in terms of prudential supervision), Directive … [future AIFM Directive], and Regulation … [future CRA Regulation], including all directives, regulations, and decisions based on these acts, and of any further CommunityUnion act which confers tasks on the Authority.
Amendment 559 #
Proposal for a regulation
Article 33 – paragraph 2 – subparagraph 1
Article 33 – paragraph 2 – subparagraph 1
2. The Chairperson shall be appointed by the Board of SupervisorsEuropean Parliament on the basis of merit, skills, knowledge of financial market participants and markets, and experience relevant to financial supervision and regulation, following an open selection procedure. managed by the Board of Supervisors who shall select the three strongest candidates for consideration by the European Parliament.
Amendment 561 #
Proposal for a regulation
Article 33 – paragraph 2 – subparagraph 2
Article 33 – paragraph 2 – subparagraph 2
Before appointment, the three candidates selected by the Board of Supervisors shall be subject to confirmation by the European Parliament, who shall appoint one of them as Chairperson.
Amendment 619 #
Proposal for a regulation
Article 61 – paragraph 1 a (new)
Article 61 – paragraph 1 a (new)
Participation in the work of the Authority shall also be open to third countries applying legislation which has been recognized as equivalent by the European Union in the areas of competence of the Authority, as referred to in Article 1 (2) and where such participation strengthens consistency in supervisory outcomes of direct interest to the Authority and these third countries. Their participation shall be subject to the conclusion of administrative arrangements as referred to in Article 18.