Activities of Bas EICKHOUT related to 2019/2090(DEC)
Shadow reports (1)
REPORT on discharge in respect of the implementation of the budget of the European Banking Authority for the financial year 2018
Amendments (5)
Amendment 8 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4 a. Recalls the Authority’s new role, tasks and resources in the fight against money laundering and terrorist financing; holds that the effective performance of this role and these tasks depends on the support of the Board of Supervisors; regrets in this context the rejection of a proposal to investigate the Danske Bank money laundering case;
Amendment 9 #
Motion for a resolution
Paragraph 4 b (new)
Paragraph 4 b (new)
4 b. Recalls that the Authority has to date not opened an inquiry into dividend arbitrage trading schemes such as cum-ex or cum-cum as called for by the European Parliament; encourages the Authority to inquire together with ESMA dividend arbitrage schemes in order to stop ongoing and prevent future practices threatening the integrity of Union financial markets
Amendment 16 #
Motion for a resolution
Paragraph 11 a (new)
Paragraph 11 a (new)
11 a. Is concerned about the conflict of interest that has arisen as a consequence of the appointment of the Authority’s Executive Director as Chief Executive of AFME from 1 February 2020, which was insufficiently addressed by the restrictions imposed by the Board of Supervisors; expresses its concern that furthermore the Board of Supervisors of EBA nominated a candidate for the position of executive director who was formerly employed as managing director for advocacy at the AFME; calls for the need to urgently address the systematic nature of the 'revolving door' phenomenon, that has the potential to compromise the integrity of Union institutions and to damage citizens' trust in them; recalls that unaddressed conflict-of-interest situations might not only compromise the enforcement of high ethical standards throughout European administration, but also jeopardise the right to good administration, thereby threatening the level playing field required for the proper functioning of the single market;
Amendment 19 #
Motion for a resolution
Paragraph 11 b (new)
Paragraph 11 b (new)
11 b. Recalls its resolution adopted on 16 January 2020, “Institutions and bodies in the Economic and Monetary Union: Preventing post-public employment conflicts of interest”, and calls on the EBA and the Commission to follow up on this resolution;
Amendment 24 #
Motion for a resolution
Paragraph 15 a (new)
Paragraph 15 a (new)
15 a. Is of the opinion that the Court should carry out an audit on the efficiency and cost-effectiveness of the Authority's reallocation once all the costs of the move are clear, in order to identify best practices and address areas for improvement;