10 Amendments of Burkhard BALZ related to 2012/2115(INI)
Amendment 1 #
Motion for a resolution
Citation 1 a (new)
Citation 1 a (new)
- having regard to the Commission's proposals and its communication of 12 September 2012 on banking union,
Amendment 10 #
Motion for a resolution
Recital C
Recital C
C. whereas despite certain potential positive effects, such as the enhanced efficiency of the financial system, greater product diversity and increased competition, SB can weaken the financial system, especially through regulatory arbitrage and increased systemic risk;
Amendment 20 #
Motion for a resolution
Recital E
Recital E
E. whereas SB as a global phenomenon requires a coherent global regulatory approach, based on FSB recommendations, which will be published in the coming weeks;
Amendment 38 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Believes that a fuller overview and better monitoring and analysis will allow the identification of both those aspects of the SB system which have beneficial effects for the real economy and those raising concerns related to systemic risk or regulatory arbitrage; stresses the need for stronger risk assessment procedures, disclosure and oversight, for all institutionshadow banking entities presenting a concentrated risk profile;
Amendment 43 #
Motion for a resolution
Paragraph 5
Paragraph 5
5. Supports, therefore, as a first step,Invites the Commission, as a first step, to undertake a feasibility study of the creation by the ECB of a central EU database on euro repo transactions, and, invites the Commissionf appropriate, to submit a legislative proposal for the creation of such a database by the end of 2013, after undertaking a feasibility study;
Amendment 63 #
Motion for a resolution
Paragraph 7
Paragraph 7
Amendment 87 #
Motion for a resolution
Paragraph 10 a (new)
Paragraph 10 a (new)
10a. Takes the view that a European Banking Authority cannot be allowed to exclude the shadow banking sector;
Amendment 92 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Underlines the need to ensure greater transparency in the structure and activities of financial institutions; invites the Commission, taking account of the conclusions of the Liikanen report, to propose legislation to separate commercial and investment banks, in particular in order to avoid the financing of SB activities via savings;
Amendment 101 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Takes note of the importance of the repo and security lending market; invites the Commission to adopt measures, by the beginning of 2013,examine the extent to which it is necessary to adopt measures to increase transparency, as well as to allow regulators to impose minimum haircuts or margin levels for the collateralised financing markets;
Amendment 108 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Believes that incentives associated with securitisation need to be adequately addressed; invites the Commission to examine the securitisation market and to submit a legislative proposal at the latest by the beginning of 2013 for limiting the number of times a financial product can be securitised; calls on it; calls on it, where necessary, to impose particular requirements on suppliers of securitisation (e.g. originators or sponsors) to retain part of the risks associated with securitisation and of measures to achieve transparency, by the introduction of an external valuer of the underlying assets and standardisation of securitisation products as well as resolution processes;