6 Amendments of Othmar KARAS related to 2018/2121(INI)
Amendment 809 #
Motion for a resolution
Paragraph 122
Paragraph 122
122. Calls for an assessment of long- term objectives leading to an enhanced AML/CFT framework as mentioned in the ‘Reflection Paper on possible elements of a Roadmap for seamless cooperation between Anti Money Laundering and Prudential Supervisors in the European Union’, such as the establishment at EU level of a mechanism to better coordinate the activities of AML/CFT supervisors of financial sector entities, notably in situations where AML/CFT concerns are likely to have cross-border effects, and athe possible centralisation of AML supervision via an existing or new Union body empowered to enforce harmonised rules and practices;ility of conferring specific tasks with regard to the prevention and combat of money-laundering and terrorist financing to an existing or new dedicated EU-wide agency.
Amendment 814 #
Motion for a resolution
Paragraph 124
Paragraph 124
124. Stresses that ESAs, and in particular the EBA, should be provided with sufficient resource capacity to carry out their oversight functions and improve AML supervision; perly and adequately resourced and staffed to effectively contribute to the consistent, efficient and effective prevention of the use of the financial system for the purposes of money-laundering and terrorist financing, within its respective competences.
Amendment 823 #
Motion for a resolution
Paragraph 125
Paragraph 125
125. Welcomes the Commission communication of 12 September 2018 on strengthening the Union framework for prudential and anti-money laundering supervision for financial institutions (COM(20189)0645) and the amending proposal it contains on the ESAs’ review to strengthen supervisory convergence; recalls that EBA should take a leading, coordinating and monitoring role at Union level to effectively protect the financial system from money-laundering and terrorist financing risks, given the consequences for financial stability which may stem from abuses of the financial sector for money-laundering or terrorist financing purposes, considering that it is in the banking sector that money- laundering and terrorist financing risks are most likely to have systemic impact, as well as building on the experience already gained by EBA in protecting the banking sector from such abuses as an Authority with oversight over all Member States.
Amendment 1254 #
Motion for a resolution
Paragraph 204
Paragraph 204
204. Reiterates its call on the Commission to use, wherever possible, the procedure laid down in Article 116 TFEU which makes it possible to change the unanimity requirement in cases where the Commission finds that a difference between the provisions laid down by law, regulation or administrative action in Member States is distorting the conditions of competition in the internal market;
Amendment 1264 #
Motion for a resolution
Paragraph 205
Paragraph 205
205. Welcomes the Commission’s intention to propose qualified majority voting for specific and pressing tax policy issues where vital legislative files and initiatives aimed at combating tax fraud, tax evasion, aggressive tax planning or financial crimes have been blocked in the Council to the detriment of Member States, such as the Common Consolidated Corporate Tax Base (CCCTB), the common system of a digital services tax on revenues resulting from the provision of certain digital services or the Corporate taxation of a significant digital presence;
Amendment 1277 #
Motion for a resolution
Paragraph 206
Paragraph 206
206. Stresses that all scenarios should be envisaged and not only the necessary shifting from unanimity to qualified majority voting through a passerelle clause; calls on the Commission to issue its proposal as soon as possible and before the end of its current mandate, early 2019;