2 Amendments of John PURVIS related to 2008/0199(COD)
Amendment 24 #
Proposal for a directive – amending act
Recital 7
Recital 7
(7) Member States should ensure that deposit-guarantee schemes have adequate funds available to meet their needs. The deposit-guarantee scheme should be empowered to raise finance for the purposes of underpinning the continuity of banking services and access to monies and should stand as a creditor in the normal sequence of insolvency.
Amendment 35 #
Proposal for a directive – amending act
Article 1 – point 3 – subpoint a
Article 1 – point 3 – subpoint a
Directive 94/19/EC
Article 7 – paragraph 1 – subparagraph 2
Article 7 – paragraph 1 – subparagraph 2
By 31 December 2009 at the latest, coverage shall be increased to at least EUR 100 000, or equivalent, in the event that a Commission impact assessment, submitted to the European Parliament and the Council by 31 March 2009, concludes that such an increase is required and is financially viable for all Member States in order to ensure consumer protection and financial market stability.