Activities of Ildikó GÁLL-PELCZ related to 2011/0006(COD)
Plenary speeches (1)
European Insurance and Occupational Pensions Authority and European Securities and Markets Authority (debate)
Amendments (2)
Amendment 301 #
Proposal for a directive
Recital 15
Recital 15
(15) The new supervisory architecture established by the ESFS will require national supervisory authorities to cooperate closely with the ESAs. Amendments to the relevant legislation should ensure that there are no legal obstacles to the information sharing obligations included in the regulations proposed by the Commission establishing the ESAs and that the provision of data does not give rise to unnecessary red tape.
Amendment 307 #
Proposal for a directive
Recital 22
Recital 22
(22) The development of international convergence toward risk-based solvency regimes should be encouraged. In order to acknowledge that some third countries may need more time to adapt and implement a solvency regime that would fully satisfy the criteria for being recognised as equivalent, it is necessary to enable Commission measures adopted by means of delegated act to specify transitional arrangements in relation to the treatment of such third country regimes, particularly where a public commitment to converge to a regime equivalent to Directive 2009/138/EC has been made. It should furthermore be stressed that, in the case of third countries, risk-based supervision is not enough but they must have group supervision systems similar to the EU’s.