3 Amendments of Thierry CORNILLET related to 2017/0810(COD)
Amendment 8 #
Proposal for a decision
Citation 1 a (new)
Citation 1 a (new)
Bank Having regard to the Treaty on European Union, and in particular Article 51 thereof,
Amendment 29 #
Proposal for a decision
Recital 8 a (new)
Recital 8 a (new)
Bank (8a) The new powers of the ECB regarding clearing systems for financial instruments under Article 22 of the Statute of the ESCB should be exercised alongside, and should not encroach on the regulatory competence of, other Union institutions, agencies and bodies on the basis of provisions relating to the establishment or functioning of the internal market provided for in Part III of the TFEU, including those contained in acts adopted by the Commission or by the Council pursuant to the powers conferred upon them. Therefore, in order to ensure that the respective powers of each entity are respected and to prevent conflicting rules and inconsistencies between the decisions taken by different Union institutions and agencies, the powers conferred under Article 22 of the Statute of the ESCB should only be exercised in a manner which fully recognises the general framework for the internal market established by the co-legislators and relevant Union institutions.
Amendment 44 #
Proposal for a decision
Article 1 – paragraph 1
Article 1 – paragraph 1
Statute of the European System of Central Banks and of the European Central Bank
Article 22
Article 22
Bank The ECB and national central banks may provide facilities, and the ECB may make regulations, to ensure efficient and sound clearing and payment systems, and clearing systems for financial instruments, within the Union and with other countries. In order to achieve the objectives of the ESCB and perform its tasks, the ECB may make regulations concerning clearing systems for financial instruments within the Union and with third countries, provided that it does so in a manner that fully recognises the legislative acts adopted by the European Parliament and the Council in this area as well as measures adopted under such acts.