4 Amendments of Elena BĂSESCU related to 2013/2047(INI)
Amendment 15 #
Motion for a resolution
Recital E a (new)
Recital E a (new)
Ea. whereas risk management processes show that CCPs reduce counterparty risk and uncertainty and prevent contagion;
Amendment 23 #
Motion for a resolution
Recital O a (new)
Recital O a (new)
Oa. whereas recovery and resolution represent key international tools dealing with risks presented by global systemically important financial institutions;
Amendment 68 #
Motion for a resolution
Paragraph 9 a (new)
Paragraph 9 a (new)
9a. Acknowledges that CCPs have clearing members from a large number of countries, therefore a CCP resolution framework will be effective when it is effective in all the jurisdictions involved; consequently, national insolvency frameworks have to be updated to accommodate the new European resolution regime;
Amendment 91 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Calls on theStresses the importance of a consistent and convergent approach by Member States towards the implementation of Solvency II within a reasonable time-frame, and calls for the completion of negotiations on Omnibus II so that EIOPA can effectively regulate insurance undertakings;