BETA

4 Amendments of Gabriel MATO related to 2016/0276(COD)

Amendment 231 #
Proposal for a regulation
Recital 21 a (new)
(21 a) In order to address market failures and gaps, to stimulate adequate additional investments, and to promote the geographic and regional balance of EFSI-backed operations, an integrated and streamlined approach to the aim of promoting growth, jobs and investments is necessary. The Steering Board should set out guidelines which foresee that: - as a general rule and unless duly justified, EFSI should take a junior position versus other investors, and the pricing of the guarantee should be modulated including blending where necessary to enable projects in order to maximize leverage of funds and to take into account local market conditions; - the pricing policy for equity-type operations taking into account that pricing levels shall remain behind market prices significantly. According to the principle of subsidiarity, a higher pricing can be agreed where the private or public investors plan to bring in sufficient equity risk taking money.
2017/03/27
Committee: BUDGECON
Amendment 293 #
Proposal for a regulation
Article 1 – paragraph 1 – point 2 a (new)
Regulation (EU) No 2015/1017
Article 5 – paragraph 2 a (new)
(2 a) the following paragraph is added: ‘Furthermore, in line with the pricing policies, the Steering Board shall set out guidelines which foresee that: - as a general rule and unless duly justified, EFSI shall take a junior position versus other investors, and the pricing of the guarantee shall be modulated including blending where necessary to enable projects in order to maximize leverage of funds and to take into account local market conditions; - the pricing policy for equity-type operations taking into account that pricing levels shall remain behind market prices significantly. According to the principle of subsidiarity, a higher pricing can be agreed where the private or public investors plan to bring in sufficient equity risk taking money.';
2017/03/27
Committee: BUDGECON
Amendment 305 #
Proposal for a regulation
Article 1 – paragraph 1 – point 4 – point -a (new)
Regulation (EU) No 2015/1017
Article 7 – paragraph 3 – subparagraph 1
(- a) in paragraph 3, the first subparagraph is replaced by the following: 'The Steering Board shall comprise fourive members: three appointed by the Commission, one by the EIB and one by the EIBuropean Parliament. The Steering Board shall comprise one observatory member who is designated by National Promotional Banks and Institutions among themselves for a fixed term of 18 months. The observatory member can be consulted by the full members, but does not take part in the decision-making. The Steering Board shall elect a Chairperson from among its members for a fixed term of three years, renewable once. The Steering Board shall strive to take its decisions by consensus. In the event that a consensus cannot be reached, the Steering Board shall decide by a four- fifths majority of its component members.'
2017/03/27
Committee: BUDGECON
Amendment 384 #
Proposal for a regulation
Article 1 – paragraph 1 – point 5 – point d a (new)
Regulation (EU) No 2015/1017
Article 9 – paragraph 4 a (new)
(d a) in Article 9, a new paragraph 4a is inserted: '4a. If a public authority within a Member State establishes an investment platform or a national promotional bank or institution that shares the objectives of the EFSI, the EIB shall cooperate with that body and incorporate the due diligence process taken by the NPBs in its evaluation process of new operations to avoid duplications.'
2017/03/27
Committee: BUDGECON