BETA

9 Amendments of Herbert DORFMANN related to 2010/2303(INI)

Amendment 21 #
Motion for a resolution
Paragraph 8
8. Stresses that risk is intrinsic and necessary in the financial sector in order to foster competitiveness, increase liquidity, provide loans, and deliver economic growth, whose core activity consists in mediating risks between economic operators, for example by transferring savings to those who require credit;
2011/01/18
Committee: ECON
Amendment 24 #
Motion for a resolution
Paragraph 9
9. Calls for the establishment of mandatoryBelieves that economically significant financial institutions should assess whether they ought to establish risk committees at board level for all economically significant financial institutions;
2011/01/18
Committee: ECON
Amendment 55 #
Motion for a resolution
Paragraph 16
16. Calls for regular, formal external assessments to be carried out of the board and its performancethe board regularly to assess its own members, on the basis of objective criteria to be approved by the relevant national supervisor, and for summaries of these assessments to be included in annual reports for the benefit of investors, shareholders and national supervisors;
2011/01/18
Committee: ECON
Amendment 69 #
Motion for a resolution
Paragraph 20
20. Believes that there sThe limits to the hould be a basic assumption that no person should serve ing of multiple positions more than three boards of directors of financial institutionust be the subject of specific provisions of company bylaws or rules;
2011/01/18
Committee: ECON
Amendment 80 #
Motion for a resolution
Paragraph 21
21. Believes that remuneration policies should encourage long-term thinking and the sustainable performance of the institution and should avoid a short-term focus, as this may contribute to excessive risk-taking;deleted
2011/01/18
Committee: ECON
Amendment 83 #
Motion for a resolution
Paragraph 22
22. Stresses that properly disclosed share options with vesting periods of at least three years for directors are a useful tool to bring the interests of directors into line with those of the shareholders;deleted
2011/01/18
Committee: ECON
Amendment 129 #
Motion for a resolution
Paragraph 27
27. Believes that significant transactions above a set size, with the benchmark to be decided by ESMA, should require specific shareholder approval or should be subject to a requirement to inform shareholders before the transaction can take effect;
2011/01/18
Committee: ECON
Amendment 135 #
Motion for a resolution
Paragraph 28
28. Recognises that transparency is necessary with regard to related party transactions and that, on the basis of a benchmark to be set by ESMA, transactions relating to financial institutions quoted on regulated exchanges which involve a related party should be notified to the listing authority and be accompanied by a letter from an independent adviser confirming that the transaction is fair and reasonable, or should be subject to a vote by shareholders from which the related party is excluded;
2011/01/18
Committee: ECON
Amendment 140 #
Motion for a resolution
Paragraph 29
29. Calls for mandatory annual elections of each member of the board at the AGM, with a view to making the board more accountable and encouraging a culture of greater responsibility;deleted
2011/01/18
Committee: ECON