Activities of Gianni PITTELLA related to 2009/0161(COD)
Plenary speeches (1)
Specific tasks for the European Central Bank concerning the functioning of the European Systemic Risk Board - Powers of the European Banking Authority, the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority - European Securities and Markets Authority - Macro-prudential oversight of the financial system and establishment of a European Systemic Risk Board - European Banking Authority - European Insurance and Occupational Pensions Authority - Cross-Border Crisis Management in the Banking Sector (debate)
Amendments (4)
Amendment 370 #
Proposal for a directive – amending act
Recital 4
Recital 4
(4) The European Council, in its conclusions of 19 June 2009, recommended that a European System of Financial Supervisors, comprising three new European Supervisory Authorities, be established. The system should be aimed at upgrading the quality and consistency of national supervision, strengthening oversight of cross border groups and, establishing a European single rule book applicable to all financial institutions in the Internal Market and ensuring adequate harmonisation of criteria and methodology to be applicable by the national supervisors to assess the risk of credit institutions. It emphasised that the European Supervisory Authorities should also have supervisory powers for credit rating agencies and invited the Commission to prepare concrete proposals on how the European System of Financial Supervisors could play a strong role in crisis situations.
Amendment 449 #
Proposal for a directive – amending act
Article 9 – point 22
Article 9 – point 22
Directive 2006/48/EC
Article 124 – paragraph 6 – first subparagraph
Article 124 – paragraph 6 – first subparagraph
6. In order to ensure uniform application of this Article, the European Banking Authority shall develop draft technical standards to determine the conditions of application of this Article and a common risk assessment procedure and methodology. The Authority shall submit those draft technical standards to the Commission by 1 January 2014.
Amendment 453 #
Proposal for a directive – amending act
Article 9 – point 22 c (new)
Article 9 – point 22 c (new)
Directive 2006/48/EC
Article 129 – paragraph 1 – subparagraph 1 a (new)
Article 129 – paragraph 1 – subparagraph 1 a (new)
(22c) In Article 129(1), the following subparagraph is inserted after the first subparagraph: "Where any competent authority concerned has referred a matter referred to in points (a), (b) and (c) of the first subparagraph to the European Banking Authority in accordance with Article 11 of Regulation .../...[EBA], that competent authority shall await the decision of the European Banking Authority, and shall take its decision in conformity with the decision of the European Banking Authority."
Amendment 457 #
Proposal for a directive – amending act
Article 9 – point 22 d (new)
Article 9 – point 22 d (new)
Directive 2006/48/EC
Article 129 – paragraph 1 – subparagraph 1 b (new)
Article 129 – paragraph 1 – subparagraph 1 b (new)
(22d) In Article 129(1), the following subparagraph is added after subparagraph 1 a: "To ensure uniform application of this Article, the European Banking Authority shall develop draft technical standards and guidelines to determine the conditions of the coordination and cooperation process with regard to the application of Articles 22, 123 and 124."