BETA

3 Amendments of Krišjānis KARIŅŠ related to 2013/0253(COD)

Amendment 127 #
Proposal for a regulation
Recital 19
(19) In order to ensure a swift and effective decision making process in resolution, the Board should be a specific Union agency with a specific structure, corresponding to its specific tasks, and which departs from the model of all other agencies of the Union. Its composition should ensure that due account is taken of all relevant interests at stake in resolution procedures. The Board should operate in executive and plenary sessions. In its executive session, it should be composed of an Executive Director, a Deputy Executive Director, and representatives of the Commission and the ECB. Considering the missions of the Board, the Executive Director and Deputy Executive Director should be appointed by the Council on a proposal from the Commission and after hearing the European Parliament. When deliberating on the resolution of a bank or group established within a single participating Member State, the executive session of the Board should also convene and involve in the decision-making process the member appointed by the Member State concerned representing its national resolution authority. When deliberating on a cross- border group, the members appointed by the home and all host Member States concerned representing the relevant national resolution authorities should also be convened and involved in the decision- making process of the executive session of the Board. However, home authorities and host authorities should have a balanced influence on the decision, so hostTo ensure a balanced influence on the decision that has a negative fiscal effect for Member States where the cross- border group operates, each member representing the relevant national resolution authoritiesy should have jointly one singlone vote. Observers, including a representative of the ESM and of the Euro Group, may also be invited to attend the meetings of the Board.
2013/10/22
Committee: ECON
Amendment 417 #
Proposal for a regulation
Article 12 – paragraph 2 – subparagraph 1 – point b
(b) to avoid significant adverse effects on financial stability, including first at the national level to prevent contagion, and maintain market discipline;
2013/10/22
Committee: ECON
Amendment 849 #
Proposal for a regulation
Article 51 – paragraph 2
2. When deliberating on a cross-border group, the Board shall take its decisions in its executive sessions by a simple majority of its participating members. The members of the Board referred to in Article 40(2) and the members appointed by the Member States in which the group level and host resolution authority isies are situated shall each have one vote. The other participating members shall each have a voting right equal to a fraction of one vote and the number of national resolution authorities of the Member States in which a subsidiary or entity covered by consolidated supervision is established. In case of a tie the Executive Director shall have a casting vote.
2013/10/22
Committee: ECON