2015/2188(DEC) | [ParlTrack]

Draft opinion
Paragraph 3 a (new)

3a. Stresses that EBA must be independent of any interest group and must ensure its total independence by pursuing consumer protection as its sole objective;

Amendment 11 #

Draft opinion
Paragraph 4 a (new)

4a. Emphasizes that, on all issues linked to EBA's resources, it has to be ensured that the mandate can consistently be fulfilled and that the practical limits of independent, reliable and effective supervision are not set by budgetary constraints;

Amendment 12 #

Draft opinion
Paragraph 5

5. ATakes note of the conclusion of the European Court of Auditors, in its special report 2014/05, that, overall, EBA's resources during its start-up phase were insufficient to allow it to fulfil its mandate; acknowledges that the setting-up phase of ESFS has still not been completed and therefore notes that the tasks already entrusted to EBA, as well as additional tasks envisaged in ongoing legislative work, require an adequate level of staff ~~and budget to allow for satisfactory supervision~~, in terms of both numbers and qualifications, and funding to allow for satisfactory supervision; underlines that, in order to uphold the quality of the supervisory work, it is very often the case that an expansion of tasks has to be matched by an expansion of resources; emphasises, however, that any potential increases in EBA’'s means must be explained thoroughly and accompanied by rationalisation measures wherever possible;

Amendment 13 #

Draft opinion
Paragraph 5

5. Acknowledges that the setting-up phase of ESFS has still not been completed and therefore notes that the tasks already entrusted to EBA, as well as additional tasks envisaged in ongoing legislative work, require an adequate level of staff and budget to allow for satisfactory supervision; suggests that, as EBA's workload is increasingly shifting from legislative tasks to supervisory convergence and enforcement, EBA's budget and manpower should shift accordingly; emphasises~~, however,~~ that any potential increases in EBA’'s means must be explained thoroughly and accompanied by rationalisation measures ~~wherever possible~~;

Amendment 14 #

Draft opinion
Paragraph 6

6. Stresses that~~, given its limited resources,~~ EBA must stick strictly to the tasks assigned to it by the Union legislator and must not seek to broaden its mandate beyond those assignments; stresses that, while carrying out its work and in particular when drafting implementing legislation, EBA needs to regularly and comprehensively inform the Union legislator about its activities; regrets that EBA has in the past not always met that standard;

Amendment 15 #

Draft opinion
Paragraph 6

6. Stresses that, given its limited resources, EBA must stick strictly to the tasks assigned to it by the Union legislator and must not seek to broaden its mandate beyond those assignments; stresses that, while carrying out its work and in particular when drafting implementing legislation, EBA needs to regularly and comprehensively inform the Union legislator about its activities; ~~regrets that EBA has in the past not always met that standard;~~

Amendment 16 #

Jonás FERNÁNDEZ

Draft opinion
Paragraph 6

6. Stresses that, given its limited resources, EBA must ~~stick strictly to~~carry out the tasks assigned to it by the Union legislator ~~and must not seek to broaden its mandate beyond those assignments~~; stresses that, while carrying out its work and in particular when drafting implementing legislation, EBA needs to regularly and comprehensively inform the Union legislator about its activities; regrets that EBA has in the past not always met that standard;

Amendment 17 #

Jakob von WEIZSÄCKER

Draft opinion
Paragraph 6

6. Stresses that~~, given its limited resources, EBA must stick strictly to the tasks assigned to it by the Union legislator and must not seek to broaden its mandate beyond those assignme~~ the practical limits of effective supervision by EBA must not be set by budgetary constraints; stresses that, while carrying out its work and in particular when drafting implementing legislation, EBA needs to regularly and comprehensively inform the Union legislator about its activities; regrets that EBA has in the past not always met that standard;

Amendment 18 #

Draft opinion
Paragraph 6

6. Stresses that, ~~given its limited resources~~while making sure that all assignments are carried out in full, EBA must ~~stick~~carefully stric~~tly~~k to the tasks assigned to it by the Union legislator and must not seek to de facto broaden its mandate beyond those assignments; stresses that, whilen carrying out its work and in particular when drafting ~~implementing legislation~~technical standards and technical advice, EBA needs to timely, regularly and comprehensively inform the ~~Union legislator~~European Parliament about its activities; regrets that ~~EBA~~this has in the past not always ~~met that standard~~been done;

Amendment 19 #

Draft opinion
Paragraph 6

6. Stresses that, given its limited resources, EBA must stick strictly to the tasks assigned to it by the Union legislator and must not seek to broaden its mandate beyond those assignments; suggests that using national secondees on short-term contracts could assist permanent staff with legislative workload in times of high demand; stresses that, while carrying out its work and in particular when drafting implementing legislation, EBA needs to regularly and comprehensively inform the Union legislator about its activities; regrets that EBA has in the past not always met that standard;

Amendment 2 #

Draft opinion
Paragraph 2

2. Underlines that EBA’'s role in promoting a common supervisory regime across the internal market is essential in order to ensure a better integrated, more efficient and safer financial markets, as well as a high degree of consumer protection in the Union;

Amendment 20 #

Draft opinion
Paragraph 6 a (new)

6a. Stresses that when drafting implementing legislation, guidelines, questions and answers or similar measures EBA must always respect the mandate attributed by the Union legislator and must not seek to set standards in areas where legislative processes are still pending;

Amendment 21 #

Draft opinion
Paragraph 6 a (new)

6a. Regrets the lack of transparency that has hitherto characterised EBA in the performance of its duties, in particular as regards the drafting of secondary legislation, despite the continuous reminders and numerous requests from the European Parliament;

Amendment 22 #

Draft opinion
Paragraph 6 b (new)

6b. Regrets to acknowledge that EBA has not managed to keep the Union legislator informed in a sufficient and comprehensive manner about all details of its on-going work;

Amendment 23 #

Draft opinion
Paragraph 6 c (new)

6c. Regrets to acknowledge that in some occasions documents have only been transmitted to the Union legislator after they have been leaked to the wider public and deems this to be unacceptable;

Amendment 24 #

Draft opinion
Paragraph 7

7. Concludes that EBA’s mixed financing arrangement is inflexible, burdensome and a potential threat to its independence; therefore calls on the Commission to reconsider the financing arrangement in favour of an independent budget line from the budget of the Union and the introduction of fees by market participants.deleted

Amendment 25 #

Draft opinion
Paragraph 7

7. Concludes that EBA’'s mixed financing arrangement is, which relies heavily on contributions from national competent authorities, is inadequate, inflexible, burdensome and a potential threat to its independence; therefore calls on the Commission ~~to reconsider the~~, in the White Paper planned for Q2 2016 and in a legislative proposal presented by 2017, to launch a different financing arrangement ~~in favour~~based ofn a~~n independent~~ separate budget line ~~from~~in the budget of the Union and on the ~~introduction of fees~~complete replacement of the contributions from national authorities by fees paid by market participants.

Amendment 26 #

Jonás FERNÁNDEZ

Draft opinion
Paragraph 7

7. Concludes that EBA’s mixed financing arrangement ~~is inflexible, burdensome and a potential~~may pose a threat to its independence; therefore calls on the Commission to reconsider the financing arrangement in favour of an independent budget line from the budget of the Union and the introduction of fees by market participants.

Amendment 27 #

Cătălin Sorin IVAN

Draft opinion
Paragraph 7

7. Concludes that EBA’s mixed financing arrangement is inflexible, burdensome and a potential threat to its independence; therefore calls on the Commission as soon as possible to reconsider the financing arrangement in favour of an independent budget line from the budget of the Union and the introduction of fees by market participants.

Amendment 28 #

Sven GIEGOLD

Draft opinion
Paragraph 7

Amendment 29 #

Bas EICKHOUT

Draft opinion
Paragraph 7 a (new)

7a. Calls on EBA to supplement communication with the EP on draft advice or technical standards relating to the calibration of prudential formulae with a full description of the data and methodology used in such calibrations;

Amendment 3 #

Cătălin Sorin IVAN

Draft opinion
Paragraph 2

2. Underlines that EBA’s role in promoting a common supervisory regime across the internal market is essential in order to ensure better integrated and safer financial markets, as well as a high degree of consumer protection in the Union by promoting fairness and transparency on the product and financial services market;

Amendment 30 #

Draft opinion
Paragraph 7 a (new)

7a. Calls for any EU funds from the Union budget earmarked for EBA to be subject to the prior approval of the European Parliament and to be accounted for by EBA every six months;

Amendment 31 #

Bas EICKHOUT

Draft opinion
Paragraph 7 b (new)

7b. Welcomes the increased transparency about the EBA's meetings with stakeholders;

Amendment 4 #

Jonás FERNÁNDEZ

Draft opinion
Paragraph 2

2. Underlines that EBA’s role in promoting a common supervisory regime across the internal market is essential in order to ensure financial stability, better integrated and safer financial markets, as well as a high degree of consumer protection in the Union;

Amendment 5 #

Draft opinion
Paragraph 2 a (new)

2a. Stresses that EBA's work is of a purely technical nature and that key political decisions are the prerogative of the Union legislator;

Amendment 6 #

Jakob von WEIZSÄCKER

Draft opinion
Paragraph 3

3. Points out that EBA, when carrying out its activities, needs to pay particular attention to the ~~issue of proportionality~~safety and soundness of the financial sector and must strive to achieve outcomes that are unambiguous, coherent and ~~free of superfluous complexity~~standardized;

Amendment 7 #

Draft opinion
Paragraph 3

3. Points out that EBA, when carrying out its activities, needs to pay ~~particular attention to the issue of proportionality and~~attention to ensuring compatibility with Union law, respecting the principle of proportionality and complying with the fundamental principles of the internal market for financial services; underlines that EBA, on that basis, must strive to achieve outcomes that are unambiguous, coherent and free of superfluous complexity;

Amendment 8 #

Draft opinion
Paragraph 3

3. Points out that EBA, when carrying out its activities, needs to pay particular attention to the issue of proportionality and must strive to achieve outcomes that are unambiguous, coherent and free of superfluous complexity; recalls that the ESAs are responsible for micro- prudential supervision, whereas day-to- day supervision is conducted at national level;

Amendment 9 #

Ryszard CZARNECKI, Raffaele FITTO, Beata GOSIEWSKA, Richard SULÍK

Draft opinion
Paragraph 3 a (new)

3a. Points out that it is of particular importance that provisions drafted by EBA are designed in a way that allow them to be equally applied by smaller entities;

source: 575.249

2016/03/04 CONT 8 amendments...

Amendment 1 #

Anders VISTISEN

Proposal for a decision 1
Paragraph 1

1. GPostpones its decision on grantsing the Executive Director of the European Banking Authority discharge in respect of the implementation of the Authority’s budget for the financial year 2014;

Amendment 2 #

Proposal for a decision 1
Paragraph 1

1. GPostpones its decision on grantsing the Executive Director of the European Banking Authority discharge in respect of the implementation of the Authority’s budget for the financial year 2014;

Amendment 3 #

Anders VISTISEN

Proposal for a decision 2
Paragraph 2

2. ~~Approv~~Postpones the closure of the accounts of the European Banking Authority for the financial year 2014;

Amendment 4 #

Ryszard CZARNECKI, Raffaele FITTO, Beata GOSIEWSKA, Richard SULÍK

Proposal for a decision 2
Paragraph 2

2. ~~Approv~~Postpones the closure of the accounts of the European Banking Authority for the financial year 2014;

Amendment 5 #

Motion for a resolution
Paragraph 7 a (new)

7 a. Asks the EU institutions and bodies to apply strictly the measures pertaining to discretion and exclusion in respect of public procurement, with proper background checks being carried out in every instance, and to apply the exclusion criteria in order to debar companies in the event of any conflict of interest, this being essential to protect the EU's financial interests;

Amendment 6 #

Motion for a resolution
Paragraph 8 a (new)

8 a. Encourages the EU institutions and agencies to better raise awareness of the conflict-of-interest policy among their officials, alongside ongoing awareness- raising activities and the inclusion of integrity and transparency as an obligatory item to be discussed during recruitment procedures and performance reviews; considers that a distinction should be made between elected representatives and public officials in the legislation on conflicts of interest; believes that there should also be such regulations in the Member States for public officials and civil servants involved in the administration and monitoring of EU subsidies; calls on the Commission to submit a draft legal basis on this matter;

Amendment 7 #

Motion for a resolution
Paragraph 8 b (new)

8 b. Calls for an overall improvement in the prevention of, and the fight against, corruption in the public sector, and especially within the EU institutions and agencies, through a holistic approach, commencing with better public access to documents and more stringent rules on conflicts of interest, the introduction or strengthening of transparency registers and the provision of sufficient resources for law enforcement measures, and also through improved cooperation among Member States and with relevant third countries;

Amendment 8 #