6 Amendments of Nils TORVALDS related to 2012/0244(COD)
Amendment 81 #
Proposal for a regulation
Recital 1 a (new)
Recital 1 a (new)
(1 a) It is critical that the banking union should contain democratic accountability mechanisms. There should be consideration of the function of national parliaments.
Amendment 94 #
Proposal for a regulation
Recital 3
Recital 3
(3) In order to provide for the single supervisory mechanism, Council Regulation (EU) No …/… [127(6) Regulation] on a temporary basis until 31 December 2015, confers specific tasks on the ECB concerning policies relating to the prudential supervision of credit institutions in the Member States whose currency is the euro. Other Member States may enter in a close cooperation with the ECB. Under that Regulation, the ECB is to coordinate and express the position of those Member States on the decisions to be taken by the Board of Supervisors of the European Banking Authority (EBA) falling within the scope of the ECB tasks. By 1 January 2016 a permanent supervisory structure should be in place building on the existing European supervisory authorities while drawing upon the expertise and experience of the ECB, particularly for the execution of supervisory tasks. For this reason, all references to tasks conferred to the ECB in this Regulation shall be regarded as temporary, even where not explicitly stated.
Amendment 108 #
Proposal for a regulation
Recital 4 a (new)
Recital 4 a (new)
(4 a) The single market and the cohesion of the EU must be secured. With regard to this, concerns such as governance and voting arrangements in the EBA should be considered carefully and equal treatment of Member States participating in the SSM and other Member States must be guaranteed.
Amendment 195 #
Proposal for a regulation
Article 1 – paragraph 1 – point 2 – point b
Article 1 – paragraph 1 – point 2 – point b
Regulation (EU) No 1093/2010
Article 18 – paragraph 3a (new)
Article 18 – paragraph 3a (new)
"3a. Where the Authority requests the ECB as competent authority to take the necessary action in accordance with paragraph 3, the ECB concerning tasks other than those conferred upon it by Regulation (EU) No .../... [conferring specific tasks on the ECB] , the European Central Bank shall comply with it or shall provide within 48 hours at the latest adequate public justification to the Authority for its non- compliance."
Amendment 273 #
Proposal for a regulation
Article 2 – paragraph 1 – introductory part
Article 2 – paragraph 1 – introductory part
Without prejudice to Article 81 of Regulation (EU) No 1093/2010, by 31 JanuaryDecember 20163, the Commission shall publish a report on the application of the provisions of this Regulation in relation to:
Amendment 281 #
Proposal for a regulation
Article 2 – paragraph 2 a (new)
Article 2 – paragraph 2 a (new)
The report shall be forwarded to the European Parliament and to the Council. The Commission shall make accompanying proposals to the report to establish by 1 January 2016 a single European Supervisory Authority built on the European System for Financial Supervision and competent for all aspects of prudential supervision in the Union.