4 Amendments of Anne E. JENSEN related to 2010/0207(COD)
Amendment 105 #
Proposal for a directive
Recital 2
Recital 2
(2) In order to make it easier to take up and pursue the business of credit institutions, it is necessary to eliminate theall differences between the laws of the Member States as regards the rules on Deposit Guarantee Schemes to which these institutions are subject, and thereby ensure full harmonisation.
Amendment 109 #
Proposal for a directive
Recital 5
Recital 5
(5) Directive 94/19/EC was based on the principle of minimum harmonisation. Consequently, a variety of Deposit Guarantee Schemes with very distinct features were established in the Union. This caused market distortions for credit institutions and limited the benefits of the Internal Market for depositors. Full harmonisation is therefore of utmost importance in order to eliminate these distortions.
Amendment 130 #
Proposal for a directive
Recital 26
Recital 26
(26) The payout delay of at maximum six weeks from 31 December 2010 , runs counter to the need to maintain depositor confidence and does not meet their needs. The payout delay should therefore be reduced to a period of onefour weeks.
Amendment 194 #
Proposal for a directive
Article 7 – paragraph 1 – subparagraph 1
Article 7 – paragraph 1 – subparagraph 1
Deposit Guarantee Schemes shall be in a position to repay unavailable deposits within 7 dayfour weeks of the date on which the competent authorities make a determination as referred to in Article 2(1)(e)(i) or a judicial authority makes a ruling as referred to in Article 2(1)(e)(ii).