BETA

6 Amendments of Sven GIEGOLD related to 2018/0076(COD)

Amendment 50 #
Proposal for a regulation
Recital 7
(7) Considering the technical level of the measures required in particular for transparency in currency conversion charges, the Commission should be empowered to adopt regulatory technical standards developed by the European Banking Authority with regard to the level of transparency required and the comparability of currency conversion services. The Commission should adopt those draft regulatory technical standards by means of delegated acts pursuant to Article 290 Treaty on the Functioning of the European Union and in accordance with Articles 10 to 14 of Regulation (EU) No 1093/2010 of the European Parliament and of the Council13 . _________________ 13 Regulation (EU) No 1093/2010 of the European Parliament and of the Council of 24 November 2010 establishing a European Supervisory Authority (European Banking Authority), amending Decision No 716/2009/EC and repealing Commission Decision 2009/78/EC (OJ L 331, 15.12.2010, p. 12).
2018/09/18
Committee: ECON
Amendment 61 #
Proposal for a regulation
Recital 8
(8) In order to limit serious consumer detriment before market players are required to comply with the transparency measures, it is appropriate to instruct the European Banking Authority (‘EBA’) to define within the regulatory technical standard the level of a transitional cap that should be applied to limit charges for currency conversion services while at the same time maintaining fair competition among payment service providers.
2018/09/18
Committee: ECON
Amendment 90 #
Proposal for a regulation
Article 1 – paragraph 1 – point 3
Regulation (EC) No 924/2009
Article 3 a – paragraph 2
The European Banking Authority (‘EBA’) shall develop draft regulatory technical standards specifying how payment service providers shall ensure transparency and price comparability of different currency conversion service options, where those are available, to payment service users. Those standards shall include binding measures to be applied by payment service providers, including at an ATM or point of sale, to ensure that payment service users are informed about the costs of the currency conversion service and the alternative currency conversion options, where available, before the payment is initiated.
2018/09/18
Committee: ECON
Amendment 94 #
Proposal for a regulation
Article 1 – paragraph 1 – point 3
Regulation (EC) No 924/2009
Article 3 a – paragraph 2 – subparagraph 2
TIn addition, the draft regulatory technical standards referred to in the first subparagraph shall also set the maximum amount of all charges allowed for the currency conversion services that can be applied to a payment transaction during the transitional period referred to in Article 3b. Those standards shall take into account the amount of the payment transaction and the fluctuation in exchange rates between currencies of Union Member States, while securing and maintaining fair competition among all payment service providers The regulatory technical standards shall specify the measures to be applied in order to prevent payment service users being charged more than this maximum amount during that period.
2018/09/18
Committee: ECON
Amendment 96 #
Proposal for a regulation
Article 1 – paragraph 1 – point 3
Regulation (EC) No 924/2009
Article 3 a – paragraph 2 – subparagraph 3
EBA shall submit those draft regulatory technical standards to the Commission by [612 months after entry into force of this Regulation]
2018/09/18
Committee: ECON
Amendment 107 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4
Regulation (EC) No 924/2009
Article 3 b
During the transitional period between the entry into force of the regulatory technical standards referred to in the fourth subparagraph of Article 3a(2) and the date of application of Article 3a(1), the charges for currency conversion services shall not exceed the maximum amount setdefined in the regulatory technical standards adopted in accordance with the fourth subparagraph of Article 3a(2).
2018/09/18
Committee: ECON