5 Amendments of Sławomir NITRAS related to 2013/2021(INI)
Amendment 86 #
Motion for a resolution
Recital I
Recital I
I. whereas, since it is neither feasible nor desirable to effect a bank separation post- failure, an effective recovery and resolution regime is needed in order to provide authorities with a credible set of tools, including a bridge banklegislation to split banks into separate investment and retail entities, so that they can intervene sufficiently early and quickly in an unsound or failing bank to enable its essential financial and economic functions to continue, so that it would be possible to separate and if necessary shut down the investment entity without this having any adverse effects on purely banking-related activities, while minimising the impact on financial stability and ensuring that appropriate losses are imposed on the shareholders and creditors who bore the risk of investing in the institution in question, and not by taxpayers or depositors;
Amendment 198 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Considers that an effective banking system must deliver a change in banking culture in order to reduce complexity, enhance competition, limit interconnectedness between risky and commercialinvestment and purely banking-related activities, improve corporate governance, create a responsible remuneration system, allow effective bank resolution and recovery, reinforce bank capital and deliver credit to the real economy;
Amendment 319 #
Motion for a resolution
Paragraph 12 – point b
Paragraph 12 – point b
(b) limits on the extent to which the two entities are reliant on each other for funding and/or resources; in particular, there should be no legal basis for shifting capital and liquidity from ring-fenced entities to other entities in the group, and vice versa;
Amendment 330 #
Motion for a resolution
Paragraph 12 – point d
Paragraph 12 – point d
(d) net and gross large exposure limits taking into account the operation of concentration limits for intra-group transactions between ring- fenced and non- ring-fenced activities, which are at least as strict as those for third-party exposure, including strict limits on the exposure of ring-fenced activities to the investment entity’s riskier activities, so as to guarantee the market-oriented nature of such transactions;
Amendment 466 #
Motion for a resolution
Paragraph 29 a (new)
Paragraph 29 a (new)
29a. Notes that, in order to boost the competitiveness and stability of the European banking system, it is vital to address effectively the issue of systemically important financial institutions (i.e. those that are too big to fail), whose problems resulted in an escalation of the adverse effects of the financial crisis, by rationalising the scale of the activities of banking groups and by reducing dependency where groups are concerned;