2 Amendments of Neena GILL related to 2017/0326(COD)
Amendment 10 #
Draft legislative resolution
Paragraph 5
Paragraph 5
5. Deplores the lack of transparency and accountability, in the voting procedure the Council has undertaken on the 20 November 2017, leaving final decisions to a draw; points to the fact that the agencies are currently partly funded by the Union budget and that also relocation costs may partly occur at the expense of the Union budget which are subject to ongoing negotiations between the European Union and the United Kingdom; highlights therefore the need for democratic accountability as well as a transparent and understandable decision-making in the interest of the European public; Requests further details on the weighting of the criteria applied by the Council in the selection procedure for the location of EBA;, as well as a report to the European Parliament with a detailed overview of the score of the different candidate cities on the different criteria.
Amendment 16 #
Draft legislative resolution
Paragraph 7
Paragraph 7
7. Highlights the different tasks and areas of competence of the European Supervisory Authorities EBA, EIOPA and ESMA; recalls the deliberate decision of the co-legislators to set up three authorities in three different Member States with separate tasks and fields of competence, one for banking, one for securities and one for insurance and pensions; regrets that the principle of having a location in three different Member States has been given up; demands that this separation remains to be reflected in the regulatory and supervisory competences and the governance, the main organisation and main financing of their activities independent of their location, while allowing for sharing, where applicable, administrative support services and facility management services which are not related to core activities, requests the Commission and Council to safeguard the current set-up of the three authorities during and after the relocation of EBA; demands a regular update from the Commission in this regard, in particular during the ongoing legislative procedure on the review of the European Supervisory authorities COM(2017)536; recalls that Article 7 of Regulation (EU) No 1093/2010 is part of the legislative procedure under review of the European Supervisory Authorities COM(2017)536;