24 Amendments of Philippe LAMBERTS related to 2016/2032(INI)
Amendment 5 #
Motion for a resolution
Citation 18 a (new)
Citation 18 a (new)
– having regard to the Commission Communication of 22 July 2015 entitled 'Working together for jobs and growth: The role of National Promotional Banks (NPBs) in supporting the Investment Plan for Europe' (COM(2015) 361 final);
Amendment 6 #
Motion for a resolution
Citation 18 b (new)
Citation 18 b (new)
– having regard to the Directive 2011/7/EU of 16 February 2011 on combating late payment in commercial transactions;
Amendment 7 #
Motion for a resolution
Citation 18 c (new)
Citation 18 c (new)
– having regard to the Commission Alert Mechanism Report 2016 of 26 November 2015 (COM(2015) 691 final),
Amendment 8 #
Motion for a resolution
Citation 18 d (new)
Citation 18 d (new)
– having regard to the European Banking Authorities report on SMEs and SME supporting Factor (EBA/OP/2016/04 23 March 2016),
Amendment 21 #
Motion for a resolution
Recital B a (new)
Recital B a (new)
Ba. whereas national/regional promotional banks play an important role in catalysing long-term finance; whereas they have stepped up their activities, aiming to counterbalance the necessary deleveraging process in the commercial banking sector; whereas they also play an important role in implementing EU financial instruments beyond the scope of the European Fund of Strategic Investments;
Amendment 29 #
Motion for a resolution
Recital B b (new)
Recital B b (new)
Bb. whereas, in Switzerland, the WIR Bank constitutes an complementary currency system that serves SME businesses mainly in hospitality, construction, manufacturing, retail and professional services; whereas the WIR offers a clearance mechanism in which businesses can buy from one another without using Swiss Francs; whereas, however, WIR is often used in combination with Swiss Franc in dual- currency transactions; whereas trade in WIR has a share of 1-2% of Swiss GDP; whereas the WIR has proved to be counter-cyclical with GDP, and even more so with the number of unemployed;
Amendment 31 #
Motion for a resolution
Recital B c (new)
Recital B c (new)
Bc. whereas, as of April 2015, the 2011 Late Payment Directive had reportedly been correctly transposed by only 21 of the 28 Member States, despite the deadline having passed over two years hitherto;
Amendment 32 #
Motion for a resolution
Recital B d (new)
Recital B d (new)
Bd. whereas the Commission warns in the Alert Mechanism Report 2016 that on the one hand, "Growth has become more reliant on domestic demand sources, in particular a more pronounced recovery in investment" and, on the other hand, "although consumption has recently strengthened, domestic demand remains subdued partly in light of significant deleveraging pressures in several Member States";
Amendment 33 #
Motion for a resolution
Recital B e (new)
Recital B e (new)
Be. whereas, since the first round of the surveys on the access to finance of SMEs, "Finding customers" has remained the dominant concern for euro area SMEs (around 25% declared it to be the most pressing problem), while "access to finance" has ranked much lower in terms of concerns;
Amendment 34 #
Motion for a resolution
Recital B f (new)
Recital B f (new)
Bf. whereas in its report of March 2016 on the subject, EBA found that there is no evidence that the SME SF has provided additional stimulus for lending to SMEs compared to the large corporates, finding instead that, in general, better capitalised banks lend more to SMEs and that the fees and charges imposed by the banks themselves are amongst the biggest hurdles to SME access to loans;
Amendment 42 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Notes that while access to customers, rather than finance, remains the biggest problem for SMEs, there remain significant differences in financing conditions for SMEs between Member States, notably as regards the quantity and cost of available funding, which are influenced by SME-specific and country- specific factors;
Amendment 105 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Reiterates that it is primordial to enhancfor banks to be encouraged to increase their SME lending capacity of banksby increasing their focus on the sector; points out that financing by capital markets alone will not succeed in providing sufficient funding and appropriate financing solutions for SMEs;
Amendment 114 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Highlights that a healthy, stable and resilient banking sector is a prerequisite for strengthening SMEs’' access to finance and maintaining it throughout the economic cycle; points out that the CRR and CRD IV, and in particular the higher level and quality of capital, are a direct response to the crisis and form the core of the renewed stability of the financial sector;
Amendment 122 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Is concerned about multiple regulatory requirements for banks and possibleincreasing pressure from the industry to roll back regulatory requirements for banks without there being any evidence of their negative effects on lending to SMEs; calls on the Commission to assess these effects on SME lending objectively, with the support of the EBA and SSM;
Amendment 125 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Emphasises the importance of the SME Supporting Factor for maintaining and increasing bank lending to SMEsRecalls that the SME Supporting Factor was designed to leave capital requirements for SME lending at the 8% RWA level consistent with Basel 2 rather than the new 10.5% RWA recommended under Basel 3; calls on the Commission to examine the appropriate calibration of the factor, including size, threshold and possible interactions with other regulatory requirements; is concerned about the possible negative impact of its removal; calls on the Commission to explore the possibilitytential risks of making this factor permanent;
Amendment 133 #
Motion for a resolution
Paragraph 12 a (new)
Paragraph 12 a (new)
12a. Points out that banks that specialise in SME lending have every incentive to use the Internal Ratings Based Approach (IRBA) and that, according to the EBA report of March 2016 on the SME Supporting Factor, if anything, banks currently under-capitalise IRBA loans to SMEs;
Amendment 135 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Reminds banks that lending and risk- taking is part of their core business; stresses that prudent risk assessment and the evaluation of qualitative information is one of their major strengthocially and economically useful functions, in particular for complex SME lending; underlines the confidential nature of credit information that banks receive when assessing the creditworthiness of SMEs;
Amendment 181 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Recalls the sizeable cost for SMEs to access capital markets; stresses the need for a proportionate regulation, with less complex and burdensome disclosure and listing requirements for SMEs where this is possible without compromising bank and systemic financial stability and investor protection;
Amendment 220 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. WelcomNotes the Commission’'s proposals for a framework for simple, transparent and standardised (STS) securitisation and the calibration of the prudential requirements for banks; notes the possible effects ofat there may be both risks and benefits associated with SME securitisation for bank lending to SMEs;
Amendment 240 #
Motion for a resolution
Paragraph 27 a (new)
Paragraph 27 a (new)
27a. Urges the Member States to examine and build on the experience of the Swiss WIR founded in 1934 and which rests on a credit clearing association between SMEs, considering that the WIR acts successfully as a macroeconomic stabiliser in times of tightening of credit or liquidity crises;
Amendment 243 #
Motion for a resolution
Paragraph 27 b (new)
Paragraph 27 b (new)
27b. Calls on the Commission to audit the existing instruments such as the structural funds and programmes such as COSME and HORIZON2020 as to the adequacy of their financial support to SMEs with respect to the pursued objectives and, where appropriate, as to their cushioning impact of the crisis on SMEs;
Amendment 247 #
Motion for a resolution
Paragraph 27 c (new)
Paragraph 27 c (new)
27c. Calls on the Commission to assess the role of the national/regional promotional banks as catalyser of long- term finance for SMEs notably, to identify and disseminate best practices and to encourage Member States where no such entities currently exist to set up national/regional promotional banks on this basis;
Amendment 248 #
Motion for a resolution
Paragraph 27 d (new)
Paragraph 27 d (new)
27d. Calls on the Commission to make public its report on the implementation of the Late Payment Directive, expected for the 16th of March 2016 and, if appropriate, to formulate new proposals to minimise risk of disruption to cash flow;
Amendment 249 #
Motion for a resolution
Paragraph 27 e (new)
Paragraph 27 e (new)
27e. Calls on the Commission and the Council to pay more attention to the demand-side concern of SMEs, to reflect it in a more appropriate manner in the recommendation on the economic policy of the euro area, in the country-specific recommendations and in the ex post assessment of the Member States' compliance with the recommendations;