2 Amendments of Hans-Peter MARTIN related to 2011/2323(INI)
Amendment 7 #
Draft opinion
Paragraph 4
Paragraph 4
4. Emphasises that Parliament and Member States should be fully informed of the timeline and of the content of envisaged delegated measures; takes the view that the intention to endorse or reject a draft RTS or delegated act should be sent in writing to the Chairmembers of Parliament’s competent committee and to the rapporteur, giving reasons; holds that in the case of delegated acts the Commission must likewise inform Parliament and the Member States when it does not intend to follow ESA advice, specifying where and why it has chosen not to do so, and including cost-benefit and legal analysis to support its decision; considers that there should be full transparency vis-à-vis all stakeholders on progress; observes that the Commission’s interpretation of the Framework Agreement sometimes makes it difficult and cumbersome for Parliament experts to attend expert group meetings dealing with delegated acts and means that Parliament is not placed on an equal footing with Member States and the Council;
Amendment 9 #
Draft opinion
Paragraph 5
Paragraph 5
5. Points out that in the recently adopted Capital Requirements Regulation (CRR) and Capital Requirements Directive (CRD) the time period for scrutinising RTS may be extended by a further month given their volume and complexity, and considers that this should become a general rule; considers that deadlines for objections by Parliament to delegated acts adopted by the Commission need to be sufficiently long to allow for the full exercise of Parliament’s rights of scrutiny, taking into account the plenary calendar; takes the view that the standard deadline of two months, extendable by two months, as provided for the in the Common Understanding is not sufficiently long for complex matters and extensive delegated acts, which call for a longer scrutiny period to be set; recalls that the co- legislator has full discretion regarding the period of scrutiny to be set in the basic act; stresses, in this regard, that where the Common Understanding provides guidelines in relation to deadlines, it is in no way binding and therefore does not limit the legislator in this respect; points out that the legislator has set a period of scrutiny of three months, extendable by three months, for all delegated acts in the area of financial services, and considers that this practice should be extended to other areas of a complex nature;