Activities of Brian HAYES related to 2017/2072(INI)
Plenary speeches (1)
Banking Union - Annual Report 2017 (debate)
Amendments (7)
Amendment 141 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. RWelcomes efforts to reduce the level of non-performing loans (NPLs) by various Member States but reiterates its concerns about the high level of non-performing loans (NPLs) in certain jurisdictions; agrees with the Commission that ‘Member States and banks themselves have a primary responsibility in tackling non-performing loans’4 ; welcomes, nonetheless, the work done by different EU institutions and bodies on this issue; calls on these actors and the Member States to duly implement the Council conclusions of 11 July 2017 on the action plan to tackle non-performing loans in Europe; _________________ 4 Commission communication on completing the Banking Union, 11 October 2017, p. 15 (COM(2017)0592).
Amendment 205 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Welcomes the banking reform package proposed by the Commission in November 2016 and in particular the commitment by the European Commission to maintain and extend the SME Supporting Factor; underlines the importance of the fast-track procedure for the phasing- in of International Financial Reporting Standard (IFRS) 9 in order to avoid cliff effects on the regulatory capital of credit institutions; supports the efforts made to reduce the reporting burden for smaller banks; is concerned, however, about the proposed amendments to the waivers in Articles 7 and 8 of the CRR, and more generally, about the proposed shift in the home-host balance;
Amendment 220 #
Motion for a resolution
Paragraph 7 a (new)
Paragraph 7 a (new)
7a. Supports efforts to date to streamline reporting requirements and particularly the idea behind the European Reporting Framework (ERF) and AnaCredit; calls on the institutions involved to ensure balance between user demands for the data and the efforts required to produce the data and to ensure that the data is processed in a way useful to all stakeholders;
Amendment 241 #
Motion for a resolution
Paragraph 10 a (new)
Paragraph 10 a (new)
10a. Notes the upcoming EBA stress tests in 2018;in this regard recalls the need for a high level of transparency behind the results of the stress tests and that potential distortions of results are avoided as much as possible;
Amendment 320 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Notes the ongoing technical work by the Council on a common fiscal backstop for the Single Resolution Fund (SRF); calls for the ex-ante contributions to the Single Resolution Fund to be calculated in a transparent manner, through the provision of information on the calculation methodology, along with efforts to harmonise information on calculation outcomes;
Amendment 354 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Recalls that deposit protection is a common concern for all EU citizens and supports the principle of an EDIS as the third pillar of a fully completed and harmonised Banking Union; is currently debating the proposal on an EDIS at committee level; notes, in this respect, the Commission’s more proportionate ‘new approach’ to an EDIS as put forward in its communication of 11 October 2017;
Amendment 385 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Notes the potential benefits and the likely risks related to the introduction of an EDIS; considers, therefore, risk reduction measures to be essential building blocks laying the foundations for an EDIS;