11 Amendments of Jean-Pierre AUDY related to 2011/2186(INI)
Amendment 2 #
Motion for a resolution
Recital J a (new)
Recital J a (new)
Ja. whereas the Audit Committee was established under the EIB Statute as an independent committee responsible for the auditing of the EIB’s accounts and verifying that the activities of the Bank conform to best banking practice; whereas the Audit Committee stated in its report of 6 April 2011 that: ‘in 2010 the Audit Committee received the expected support from the Bank’s services, thus being able properly to discharge its responsibilities’;
Amendment 12 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Urges EIB to increase the public sector support forProposes that the EIB increase its share of financing infrastructure networks in new, particularly in Member sStates which is still low compared to EU-15ere these networks are still underdeveloped; asks that this share of financing infrastructure networks be greater for interconnections at Member State borders;
Amendment 16 #
Motion for a resolution
Paragraph 10 a (new)
Paragraph 10 a (new)
Amendment 36 #
Motion for a resolution
Paragraph 32 a (new)
Paragraph 32 a (new)
Amendment 38 #
Motion for a resolution
Paragraph 33 a (new)
Paragraph 33 a (new)
33a. Questions whether the Audit Committee has all the skills and independence required to carry out its remit and would like to know what independent means are available to this body to carry out its work;
Amendment 39 #
Motion for a resolution
Paragraph 33 b (new)
Paragraph 33 b (new)
33b. Proposes that this regulatory supervision be: i) exercised by the European Central Bank on the basis of Article 127(6) of the TFEU, ii) or, failing that and on the basis of a voluntary approach by the EIB, carried out by the European Banking Authority with or without the participation of one or more national regulators, or by an independent auditor;
Amendment 45 #
Motion for a resolution
Paragraph 41 a (new)
Paragraph 41 a (new)
41a. Requests that the financial guarantees given by the EU to the EIB be repaid at the average rate for repayment of comparable guarantees observed on the financial market. The repayment as thus calculated may be subject to a subsidy decision by the EU for the EIB in accordance with the normal procedures if the absence of repayment of this guarantee forms part of an economic model in accordance with the Union’s objectives, particularly for activities outside the Union, and with the rules on the functioning of the internal market to avoid distortions of competition with the private sector;
Amendment 47 #
Motion for a resolution
Paragraph 41 b (new)
Paragraph 41 b (new)
41b. Regrets the mention in the EIB’s 2010 report that the EIB’s capital adequacy ratio – the ratio of the Bank’s capital to its assets – stands at 27.2%, whilst stating that the Bank for International Settlements’ Basel Committee sets the minimum capital adequacy ratio for banks at 8%, since the operating rules for the EIB’s capital are not the same as for banks to which the aforementioned Basel Committee’s ratio applies;
Amendment 48 #
Motion for a resolution
Paragraph 41 c (new)
Paragraph 41 c (new)
Amendment 49 #
Motion for a resolution
Paragraph 41 d (new)
Paragraph 41 d (new)
41d. Proposes that the Member States involved in the EIB adopt a plan, e.g. over the EU 2020 period, to release the share of unpaid subscribed capital which on 31 December 2010 amounted to around EUR 190bn;
Amendment 55 #
Motion for a resolution
Paragraph 48 a (new)
Paragraph 48 a (new)
48a. Proposes that the Commission, in conjunction with the EIB (in view of the quality of the latter’s human resources and its experience in financing major infrastructure), engage in a process of strategic analysis of investment funding, without ruling out any possible scenario, including subsidies, the release of sums subscribed to the EIB’s capital by the Member States, EU subscriptions to the EIB’s capital, loans, innovative instruments, financial engineering tailored to long-term projects which are not immediately profitable, the development of guarantee systems, the creation of an investment section within the EU budget, financial consortia of European, national and local authorities, public-private partnerships, etc.;