BETA

Activities of Kay SWINBURNE related to 2014/2040(BUD)

Shadow opinions (1)

OPINION on the General budget of the European Union for the financial year 2015 - all sections
2016/11/22
Committee: ECON
Dossiers: 2014/2040(BUD)
Documents: PDF(114 KB) DOC(177 KB)

Amendments (7)

Amendment 6 #
Draft opinion
Paragraph 1
1. Recalls that the European Parliament has strongly supported the creation of the European Supervisory Authorities (ESAs) and believes that the Union needs to further improve the quality of supervision at Union levelcross the Union; believes that, besides the ECB, the ESAs are a cornerstone of fully functioning financial markets in the Union and are essential for the economic recovery and the creation of jobs and growth in Europe, as well as for the prevention and handling of future crises in the financial sector.
2014/07/31
Committee: ECON
Amendment 15 #
Draft opinion
Paragraph 2 a (new)
2a. Notes that all ESAs are currently operating significantly below the 2014 professional staffing numbers authorised under the Union budget and therefore supports the Commission proposal to utilise the same staffing targets for 2015;
2014/07/31
Committee: ECON
Amendment 16 #
Draft opinion
Paragraph 3
3 Expresses therefore its concerns with respect toAccepts that there are considerable pressures upon public finances following the economic downturn and therefore expresses support for the Commission proposal for a considerable decrease in payment appropriations for the three ESAs, in comparison to their respective budgets for 2014 as well as the Commission proposal to keep the number of establishment plan posts of the ESAs stable at the level of 2014 in 2015;
2014/07/31
Committee: ECON
Amendment 25 #
Draft opinion
Paragraph 4 a (new)
4a. Stresses that inflexibility in the ability to second national experts from the supervisory bodies of Member states, as well as strict adherence to language requirements and the Commission Staffing code has been a contributing factor to difficulties faced by the ESAs in attracting high quality staff for short periods of high need;
2014/07/31
Committee: ECON
Amendment 27 #
Draft opinion
Paragraph 5
5. Notes that the Chair, Executive Director and the members of the Board of Supervisors and Management Boards should be in a position to act independently and only in the interest of the Union; considers that compulsory contributions of Member States conflict with the independence of the ESAs; believes that the current financing arrangements of the ESAs based on a mixed financing system are inflexible, create administrative burdens and might pose a threat to their independence.believes that the current financing arrangements of the ESAs have not been fully utilised and do not allow enough flexibility for periods of high short term need that will not be necessary on an on- going basis which would be best filled by seconded national experts;
2014/07/31
Committee: ECON
Amendment 29 #
Draft opinion
Paragraph 6
6. Calls therefore on the Commission to propose a financing system by 2017 that is solely based on the introduction of fees by market participants.deleted
2014/07/31
Committee: ECON
Amendment 37 #
Draft opinion
Paragraph 6a (new)
6a. Calls therefore upon the Commission to consider within the course of the wider review of the ESAs, how to allow more flexible employment conditions within the ESAs that are best able to include the considerable expertise of supervisors within Member States on a temporary basis, as well as encourage recruitment of high quality staff on a permanent basis.
2014/07/31
Committee: ECON