10 Amendments of Othmar KARAS related to 2023/0212(COD)
Amendment 375 #
Proposal for a regulation
Article 15 – paragraph 1
Article 15 – paragraph 1
1. With a view to enabling natural and legal persons to access and use digital euro, to defining and implementing monetary policy and to contributing to the stability of the financial system, the use of the digital euro as a store of value mayshall be subject to limitsa Digital Euro holding corridor.
Amendment 375 #
Proposal for a regulation
Article 15 – paragraph 1
Article 15 – paragraph 1
1. With a view to enabling natural and legal persons to access and use digital euro, to defining and implementing monetary policy and to contributing to the stability of the financial system, the use of the digital euro as a store of value mayshall be subject to limitsa Digital Euro holding corridor.
Amendment 381 #
Proposal for a regulation
Article 16 – title
Article 16 – title
Amendment 381 #
Proposal for a regulation
Article 16 – title
Article 16 – title
Amendment 383 #
Proposal for a regulation
Article 16 – paragraph 1
Article 16 – paragraph 1
1. For the purpose of Article 15(1), the European Central Bank shall develop instruments to limit the use of the dDigital eEuro as a store of value and shall decide on their parameters and use,a Digital Euro holding corridor, specifying the minimum and maximum holding amount on Digital Euro payment accounts in accordance with the framework set out in this Article. PSPs providing account servicing payment services within the meaning of Directive 2015/2366 to natural and legal persons referred to in Article 12(1) shall apply these limits to digital euro payment accountsdefine holding limits for their customers within the holding corridor set by the European Central Bank and shall decide on their parameters and use. The holding limit may be agreed individually between the payment service provider and the Digital Euro user within the holding corridor set by the European Central Bank, while the daily limit of cash withdrawal defined for the costumer´s debit and credit cards may be considered as a reference threshold.
Amendment 383 #
Proposal for a regulation
Article 16 – paragraph 1
Article 16 – paragraph 1
1. For the purpose of Article 15(1), the European Central Bank shall develop instruments to limit the use of the dDigital eEuro as a store of value and shall decide on their parameters and use,a Digital Euro holding corridor, specifying the minimum and maximum holding amount on Digital Euro payment accounts in accordance with the framework set out in this Article. PSPs providing account servicing payment services within the meaning of Directive 2015/2366 to natural and legal persons referred to in Article 12(1) shall apply these limits to digital euro payment accountsdefine holding limits for their customers within the holding corridor set by the European Central Bank and shall decide on their parameters and use. The holding limit may be agreed individually between the payment service provider and the Digital Euro user within the holding corridor set by the European Central Bank, while the daily limit of cash withdrawal defined for the costumer´s debit and credit cards may be considered as a reference threshold.
Amendment 661 #
Proposal for a regulation
Article 38 a (new)
Article 38 a (new)
Article 38a Digital Euro information campaign The European Central Bank and the European System of Central Banks shall launch, in close collaboration with competent authorities, an EU-wide Digital Euro information campaign to provide fact-based information and raise awareness on the issuance and use of the Digital Euro. The information campaign shall be conducted in close collaboration with all relevant stakeholders, civil society organisations and Payment Service Providers to ensure that all EU citizens, residents as well as relevant legal entities are duly informed about the availability, functionality and opportunities of the Digital Euro issuance and use.
Amendment 661 #
Proposal for a regulation
Article 38 a (new)
Article 38 a (new)
Article 38a Digital Euro information campaign The European Central Bank and the European System of Central Banks shall launch, in close collaboration with competent authorities, an EU-wide Digital Euro information campaign to provide fact-based information and raise awareness on the issuance and use of the Digital Euro. The information campaign shall be conducted in close collaboration with all relevant stakeholders, civil society organisations and Payment Service Providers to ensure that all EU citizens, residents as well as relevant legal entities are duly informed about the availability, functionality and opportunities of the Digital Euro issuance and use.
Amendment 683 #
Proposal for a regulation
Article 41 – paragraph 1 a (new)
Article 41 – paragraph 1 a (new)
1a. Before the Governing Council of the European Central Bank convenes to decide on the issuance of the Digital Euro, the European Central Bank shall prepare a report on the foreseen technological structure of the Digital Euro and submit this report to the European Parliament, the Council and the Commission. On the basis of this report, the Commission shall, where appropriate, submit to the European Parliament and the Council a targeted legislative proposal to amend Chapter III to IX of this Regulation to ensure that the foreseen technological structure reflects the legislative intentions of the European Parliament and the Council with respect to the suitability to serve Digital Euro users' best interest as well as the effects on financial stability. The Commission shall consult the European Parliament and the Council thereof.
Amendment 683 #
Proposal for a regulation
Article 41 – paragraph 1 a (new)
Article 41 – paragraph 1 a (new)
1a. Before the Governing Council of the European Central Bank convenes to decide on the issuance of the Digital Euro, the European Central Bank shall prepare a report on the foreseen technological structure of the Digital Euro and submit this report to the European Parliament, the Council and the Commission. On the basis of this report, the Commission shall, where appropriate, submit to the European Parliament and the Council a targeted legislative proposal to amend Chapter III to IX of this Regulation to ensure that the foreseen technological structure reflects the legislative intentions of the European Parliament and the Council with respect to the suitability to serve Digital Euro users' best interest as well as the effects on financial stability. The Commission shall consult the European Parliament and the Council thereof.