9 Amendments of Alfredo PALLONE related to 2010/2303(INI)
Amendment 21 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Stresses that risk is intrinsic and necessary in the financial sector in order to foster competitiveness, increase liquidity, provide loans, and deliver economic growth, whose core activity consists in mediating risks between economic operators, for example by transferring savings to those who require credit;
Amendment 24 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Calls for the establishment of mandatoryBelieves that economically significant financial institutions should assess whether they ought to establish risk committees at board level for all economically significant financial institutions;
Amendment 55 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Calls for regular, formal external assessments to be carried out of the board and its performancethe board regularly to assess its own members, on the basis of objective criteria to be approved by the relevant national supervisor, and for summaries of these assessments to be included in annual reports for the benefit of investors, shareholders and national supervisors;
Amendment 69 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Believes that there sThe limits to the hould be a basic assumption that no person should serve ing of multiple positions more than three boards of directors of financial institutionust be the subject of specific provisions of company bylaws or rules;
Amendment 80 #
Motion for a resolution
Paragraph 21
Paragraph 21
Amendment 83 #
Motion for a resolution
Paragraph 22
Paragraph 22
Amendment 129 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Believes that significant transactions above a set size, with the benchmark to be decided by ESMA, should require specific shareholder approval or should be subject to a requirement to inform shareholders before the transaction can take effect;
Amendment 135 #
Motion for a resolution
Paragraph 28
Paragraph 28
28. Recognises that transparency is necessary with regard to related party transactions and that, on the basis of a benchmark to be set by ESMA, transactions relating to financial institutions quoted on regulated exchanges which involve a related party should be notified to the listing authority and be accompanied by a letter from an independent adviser confirming that the transaction is fair and reasonable, or should be subject to a vote by shareholders from which the related party is excluded;
Amendment 140 #
Motion for a resolution
Paragraph 29
Paragraph 29