BETA

5 Amendments of Gabriel MATO related to 2017/2072(INI)

Amendment 22 #
Motion for a resolution
Citation 35 a (new)
- having regard to the ESRB March 2015 report on the regulatory treatment of sovereign exposures,
2017/11/24
Committee: ECON
Amendment 142 #
Motion for a resolution
Paragraph 3
3. Reiterates its concerns about the high level of non-performing loans (NPLs) in certain jurisdictions; agrees with the Commission that ‘Member States and banks themselves have a primary responsibility in tackling non-performing loans’4 ; welcomes, nonetheless, the work done by different EU institutions and bodies on this issue as well as the efforts done in some Member States; calls on these actors and the Member States to duly implement the Council conclusions of 11 July 2017 on the action plan to tackle non- performing loans in Europe; _________________ 4 Commission communication on completing the Banking Union, 11 October 2017, p. 15 (COM(2017)0592).
2017/11/24
Committee: ECON
Amendment 161 #
Motion for a resolution
Paragraph 4
4. Recalls that there are risks associated with sovereign debt; notes that in some Member States financial institutions have overly invested in bonds issued by their own governments, constituting excessive ‘home bias’reminds that in most euro area countries, euro area sovereign debt exposures of banks (as a proportion of total assets) were considerably larger at the inception of the Economic and Monetary Union than they are now; takes note, in this respect, of the Commission’s ongoing work on the idea of so-called sovereign bond-backed securities (SBBS);
2017/11/24
Committee: ECON
Amendment 364 #
Motion for a resolution
Paragraph 21
21. Recalls that deposit protection is a common concern for all EU citizens; is currently debating the proposal on an EDIS at committee level; notes, in this respect, the Commission’s more proportionate ‘new approach’ to an EDIS as put forward in its communication of 11 October 2017;
2017/11/24
Committee: ECON
Amendment 375 #
Motion for a resolution
Paragraph 22
22. Notes the potential benefits and the likely risks related to the introduction of an EDIS; considers, therefore, risk reduction measures to be essential building blocks laying the foundations for an EDIS; recalls that a common EDIS would reduce the vulnerability of national DGS to large local shocks, ensuring that the level of depositor confidence in a bank would not depend on the bank's location and weakening the link between banks and their national sovereigns;
2017/11/24
Committee: ECON