Activities of Olle LUDVIGSSON related to 2014/2040(BUD)
Shadow opinions (1)
OPINION on the General budget of the European Union for the financial year 2015 - all sections
Amendments (11)
Amendment 1 #
Draft opinion
Paragraph -1 (new)
Paragraph -1 (new)
-1. Welcomes the preference of the Commission to put strong emphasis on innovation, competitiveness, growth and jobs by making subheading 1.1 – which covers key policies to promote positive developments in those fields – highly prioritised in its draft budget;
Amendment 7 #
Draft opinion
Paragraph 1
Paragraph 1
1. Recalls that the European Parliament has strongly supported and very actively contributed to the creation of the European Supervisory Authorities (ESAs) and believes that the Union needs to further improve the supervision at Union level; believes that, besides the ECB, the ESAs are a cornerstone of fully functioning financial markets in the Union and are essential for the economic recovery and the creation of jobs and growth in Europe, as well as for the prevention of future crises in the financial sector.
Amendment 14 #
Draft opinion
Paragraph 2
Paragraph 2
2. Stresses that the additional tasks entrusted to the ESAs, in particular the monitoring of proper implementation of new EU law and compliance with new legal acts, and the new mandates stemming inter alia from the banking union legislation, as well as future tasks envisaged in planntabled legislative proposals, will require appropriate budgetary means in order to fulfil their supervisory and regulatory role as provided for in the ESA regulations;
Amendment 19 #
Draft opinion
Paragraph 3
Paragraph 3
3 Expresses therefore its concerns with respect to the Commission proposal for a considerable decrease in payment appropriations for the three ESAs, in comparison to their respective budgets for 2014 as well as the Commission proposal to keep the number of establishment plan posts of the ESAs stable at the level of 2014 in 2015; cannot see any reasonable logic in the Commission's approach in this case of reducing the budgets of authorities placed in the "new tasks" category;
Amendment 20 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Regrets that the Council has chosen the same overly restrictive line as the Commission regarding the appropriations for the ESAs;
Amendment 23 #
Draft opinion
Paragraph 4
Paragraph 4
4. Stresses that the ESAs need the appropriate human resources in order to fulfil their supervisory and regulatory role in a satisfactory manner; suggests that eventualunderlines that increases in human resources should always be preceded and/or accompanied by rationalisation efforts such as reallocation to achieve efficiency gains; points out that the ESAs stated havinghave difficulties in employing staff members of a certain seniority and are limited inrestrained from fulfilling their mandates by a lack of resources,the fact that staff and other available resources do not reflect the tasks required to be carried out, in particular the highly resource intensive and time- constrained work of delivering the single rulebook.
Amendment 28 #
Draft opinion
Paragraph 5
Paragraph 5
5. Notes that the Chair, Executive Director and the members of the Board of Supervisors and Management Boards should be in a position to act independently and only, objectively and in the interest of the Union as a whole; considers that compulsory contributions of the competent authorities of the Member States could conflict with the independence of the ESAs; believes that the current financing arrangements of the ESAs based on a mixed and nationally oriented financing system are inflexible, create administrative burdens and might pose a threat to their independence.
Amendment 31 #
Draft opinion
Paragraph 6
Paragraph 6
6. Calls therefore on the Commission to propose a financing system by 2017 that: - is solely based on the introduction of fees by market participants., or - combines fees by market participants with basic funding from the EU budget;
Amendment 34 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Stresses, in this context, that such a new financing system must be designed in a way which fully safeguards the integrity of the ESAs vis-à-vis the actors in the financial sector;
Amendment 35 #
Draft opinion
Paragraph 6 b (new)
Paragraph 6 b (new)
6b. Underlines that it is crucial, not least for the enhancement of the coordinated fight against tax fraud and evasion, that the Fiscalis 2020 programme gets off to a good start; notes that the relatively modest appropriations proposed by the Commission in this area could be seen as acceptable; stresses, however, that the reductions from the Commission level suggested by the Council could undermine planned Fiscalis 2020 activities and should therefore not be accepted;
Amendment 36 #
Draft opinion
Paragraph 6 c (new)
Paragraph 6 c (new)
6c. Emphasizes that the resources allocated to statistics must continuously reflect the heavy workload and high quality demands in this policy area, not least when it comes to the delivery of crucial economic and financial data; stresses that the relevant appropriations in the 2015 budget must not be any smaller than what has now been proposed by the Commission; disagrees, therefore, with the Council line of taking key appropriations down from the Commission level;