BETA

12 Amendments of Silvia-Adriana ȚICĂU related to 2010/0363(COD)

Amendment 52 #
Proposal for a regulation
Title 1 – title
Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL on wholesale energy market integrity and transparency (Text with EEA relevance)
2011/04/27
Committee: ITRE
Amendment 57 #
Proposal for a regulation
Recital 1
(1) It is important to ensure that consumers can have confidence in the integrity of wholesale electricity and gas markets and that prices set on wholesale energy markets reflect a fair interplay between supply and demand.
2011/04/27
Committee: ITRE
Amendment 61 #
Proposal for a regulation
Recital 3
(3) EWholesale energy markets are increasingly interlinked across the Union. Market abuse in one Member State affects wholesale prices for electricity and gas across national borders. Therefore the concern to ensure the integrity of markets cannot be a matter only for individual Member States.
2011/04/27
Committee: ITRE
Amendment 73 #
Proposal for a regulation
Recital 6
(6) Behaviour which undermines the integrity of the energy market is currently not clearly prohibited on some of the most importantIn order to protect final consumers and guarantee affordable energy prices for European citizens, it is essential to prohibit behaviour which undermines the integrity of the energy markets.
2011/04/27
Committee: ITRE
Amendment 102 #
Proposal for a regulation
Recital 14
(14) Efficient market monitoring requires regular access to records of transactions. For this reason market participants who trade wholesale energy products should be required to provide this information regularly to the Agency.
2011/04/27
Committee: ITRE
Amendment 134 #
Proposal for a regulation
Recital 24
(24) Since the objective of this Regulation, namely the provision of a harmonised framework to ensure wholesale energy market transparency and integrity, cannot be sufficiently achieved by the Member States and can be better achieved at Union level, the Union may adopt measures, in accordance with the principle of subsidiarity as set out in Article 5 of the Treaty on European Union. In accordance with the principle of proportionality, as set out in that Article, this Regulation does not go beyond what is necessary in order to achieve that objective,
2011/04/27
Committee: ITRE
Amendment 249 #
Proposal for a regulation
Article 6 – paragraph 3 – subparagraph 1
3. The Agency shall at least on an annual basis submit a report to the European Parliament and Commission on its activities under this Regulation. Such reports shall bring to the notice of the European Parliament and Commission flaws in market rules, standards, and procedures which could facilitate insider trading and market manipulation or undermine the internal market. Reports may be combined with the report referred to in Article 11(2) of Regulation (EC) No 713/2009.
2011/05/05
Committee: ITRE
Amendment 253 #
Proposal for a regulation
Article 6 – paragraph 3 – subparagraph 2
The Agency may makeOn drawing up its annual report the Agency shall submit to the European Parliament and Commission its recommendations as to the records of transactions, including orders to trade, which it considers are necessary to effectively and efficiently monitor wholesale energy markets. Before making such recommendations the Agency shall consult with interested parties in accordance with the provisions of Article 10 of the Regulation (EC) No 713/2009. In particular the Agency shall consult with ESMA, national regulatory authorities and competent financial authorities in the Member States.
2011/05/05
Committee: ITRE
Amendment 268 #
Proposal for a regulation
Article 7 – paragraph 2 – subparagraph 2
Without prejudice to the first subparagraph, the delegated acts referred to in paragraph 1 may establish a non-binding frameworkormat to allow organised markets and trade matching or trade reporting systems to provide the Agency with a record of wholesale energy transactions.
2011/05/05
Committee: ITRE
Amendment 306 #
Proposal for a regulation
Article 10 – paragraph 2 – point d
(d) require existing telephone and existing data traffic records carried out legally;
2011/05/05
Committee: ITRE
Amendment 336 #
Proposal for a regulation
Article 15 – paragraph 1
(1) The powers to adopt the delegated acts referred to in Articles 5 and 7 shall be conferred on the Commission for an indeterminate period of time. period of five years from the data of entry into force of this regulation. The Commission shall submit a report on delegated powers at the latest six months before expiry of the five-year period from the date of entry into force of this regulation. The delegation of powers shall be tacitly extended for the same period of time except in cases where the European Parliament or the Council raise objections three months prior to expiry of the period in question.
2011/05/05
Committee: ITRE
Amendment 348 #
Proposal for a regulation
Article 17 – paragraph 1
(1) The European Parliament and the Council may object to the delegated act within a period of two months from the date of notification. At the initiative of the European Parliament or the Council this period shall be extended by onetwo months.
2011/05/05
Committee: ITRE