1 Amendments of Sven GIEGOLD related to 2012/0244(COD)
Amendment 182 #
Proposal for a regulation
Article 1 – paragraph 1 – point 1 f (new)
Article 1 – paragraph 1 – point 1 f (new)
Regulation (EU) No 1093/2010
Article 8 – paragraph 1 – point l a (new)
Article 8 – paragraph 1 – point l a (new)
1 f. In Article 8(1) the following point is inserted after point (l): "(l a) to ensure that the application of this Regulation takes into account the nature, scale and complexity of the institution's activities and the risks inherent in its business model and preserves the pluralistic nature of the European banking industry and respects especially the business model of small credit institutions which are place-based and focus mainly on socially most vital parts like deposit-taking and providing financial services to the non-financial sectors in the economy."