BETA

10 Amendments of Michael THEURER related to 2015/2221(INI)

Amendment 13 #
Motion for a resolution
Citation 14 a (new)
– having regard to the European Systemic Risk Board "Report on the regulatory treatment of sovereign exposures" of March 20151 a, __________________ 1a http://www.esrb.europa.eu/pub/pdf/other/e srbreportregulatorytreatmentsovereignexp osures032015.en.pdf?405685f026a3b42a9 f5e8fa1098ef5ed
2015/12/14
Committee: ECON
Amendment 32 #
Motion for a resolution
Recital C
C. whereas in a BU a Single Rulebook mustshould be complemented by a Single Supervisory Mechanism (SSM), a Single Resolution Mechanism (SRM) and - in so far as all the necessary conditions have been created - a common deposit guarantee scheme (DGS), and should be provided with an efficient fiscal backstop at EU level;
2015/12/14
Committee: ECON
Amendment 48 #
Motion for a resolution
Recital F
F. whereas a common DGS, originally intended as the third pillar of the BU, so far consists only in an approximation of national DGSs, while a common DGS that is able to ensure the same level of protection for deposits, irrespective ofnsiderable number of Member States have so far failed to implement fully the EU directives necessary for a common DGS, originally intended as the their location, is a necessary component of a trud pillar of the BU;
2015/12/14
Committee: ECON
Amendment 182 #
Motion for a resolution
Paragraph 17 a (new)
17a. Emphasises that government bonds are not a risk-free form of investment and calls for government bonds to be subject to regulatory capital requirements;
2015/12/14
Committee: ECON
Amendment 220 #
Motion for a resolution
Paragraph 25
25. Underlines the importance of cooperation with the European Banking Authority (EBA) and with other authorities within the European System of Financial Supervision, while fully respecting the division of roles and competences and the separation between regulation and supervision in order to help ensure compliance with the EU checks-and- balances structure;(does not apply to English version)
2015/12/14
Committee: ECON
Amendment 267 #
Motion for a resolution
Paragraph 35
35. Calls on Member States to fully and swiftly implement the Bank Recovery and Resolution Directive (BRRD) and the intergovernmental agreement (IGA) on transfer and mutualisation of contributions to the Single Resolution Fund; calls on the Commission to enforce the implementation of the BRRD; regrets the decision to set up the fund through an IGA rather than through Union law;
2015/12/14
Committee: ECON
Amendment 285 #
Motion for a resolution
Paragraph 36
36. Stresses the need, as a consequence of the existence of the national compartments in the SRF, to rapidly put in place an adequate bridge financing mechanism in order to provide the fund, if necessary, with sufficient resources in the period before its completion; recalls that the Eurogroup and the Ecofin ministers identified, in their statement of 18 December 2013, the possibility of having recourse to both national sources and the European Stability Mechanism (ESM), and considers the latter the most effective and credible solution, which could be implemented either through a swift revision of the ESM treaty or through appropriate implementation of the provisions of Article 13 thereof;
2015/12/14
Committee: ECON
Amendment 303 #
Motion for a resolution
Paragraph 38
38. Recalls that the credibility of the BU, and in particular of bail-in and single resolution provisions, requires a common backstop in order to be able to support the SRF, if necessary, beyond its capacity of EUR 55 billion, and considers that its setting-up should start swiftly and be based on the ESM;deleted
2015/12/14
Committee: ECON
Amendment 321 #
Motion for a resolution
Paragraph 39
39. Underlines that, together with the SSM and the SRM, the capacity to afford the same level of protection to deposits, irrespective of their location, is an indispensable component forimportant and that this can already be achieved by establishing national deposit guarantee schemes; calls on the Commission therefore consistently to punish the failure by some Member States to transpose the relevant Directive; calls on those non-compliant Member States to develop their national deposit guarantee schemes as swiftly as possible in order to make their contribution to the completingon of the BU;
2015/12/14
Committee: ECON
Amendment 345 #
Motion for a resolution
Paragraph 40
40. Welcomes the Commission’s announcement regarding the presentation of a legislative proposal for the first steps towards a European Deposit Insurance Scheme (EDIS) by establishing a reinsurance mechanism at EU level for the national deposit guarantee schemConsiders therefore the Commission's legislative proposal seeking to establish a European Deposit Insurance Scheme (EDIS) to be premature as national deposit guarantee schemes and funds have not yet been set up in all the Member States;
2015/12/14
Committee: ECON