8 Amendments of Costas MAVRIDES related to 2018/0178(COD)
Amendment 142 #
Proposal for a regulation
Recital 8 a (new)
Recital 8 a (new)
(8 a) The scale of the challenge requires gradually moving the entire financial system to support the economy to function on a sustainable basis.
Amendment 239 #
Proposal for a regulation
Recital 33
Recital 33
(33) In order to specify the requirements set out in this Regulation, and particularly to establish and update granular and calibrated technical screening criteria for different economic activities as to what constitutes a substantial contribution and significant harm to the environmental objectives, the power to adopt acts in accordance with Article 290 of the Treaty on the Functioning of the European Union should be delegated to the Commission in respect of the information required to comply with the disclosure obligation set out in Article 4 (3), and the technical screening criteria mentioned in Article 6(2), Article 7(2), Article 8(2), Article 9(2), Article 10(2) and Article 11(2). It is of particular importance that the Commission carry out appropriate, extensive consultations during its preparatory work, including at expert level,and user level, that impacts on the economy are carefully assessed and that those consultations be conducted in accordance with the principles laid down in the Interinstitutional Agreement on Better Law-Making of 13 April 2016. In particular, to ensure equal participation in the preparation of delegated acts, the European Parliament and the Council should receive all documents at the same time as Member States’ experts, and the experts of the European Parliament and the Council should systematically have access to meetings of Commission expert groups dealing with the preparation of delegated acts.
Amendment 279 #
Proposal for a regulation
Article 1 – paragraph 2 – point b a (new)
Article 1 – paragraph 2 – point b a (new)
(b a) 'credit institutions' as defined in point (1) of Article 4 (1) of Regulation (EU) No 575/2013 which provides investment or credit risk-management processes with the exception of small and non-complex institutions defined under [PO insert reference to relevant Article of Regulation (EU) 575/2013];
Amendment 367 #
Proposal for a regulation
Article 4 – paragraph 2 a (new)
Article 4 – paragraph 2 a (new)
2 a. Companies shall be responsible for the certification of their specific economic activities on the basis of the delegated act referred to in paragraph 2.
Amendment 377 #
Proposal for a regulation
Article 4 – paragraph 3 – point b
Article 4 – paragraph 3 – point b
Amendment 381 #
Proposal for a regulation
Article 4 – paragraph 3 – point b a (new)
Article 4 – paragraph 3 – point b a (new)
(b a) Member States, in close cooperation with the relevant ESA, shall monitor the information referred to in paragraphs 2 and 2a. After disclosing that information, financial market participants shall report it to the relevant national competent authority which shall communicate it to the relevant ESA without delay. Whenever the relevant national competent authority or the relevant ESA disagree with the information reported as referred to in paragraphs 2 and 2a, financial market participants shall review and correct the information disclosed.
Amendment 609 #
Proposal for a regulation
Article 15 – paragraph 3
Article 15 – paragraph 3
3. The Platform on Sustainable Finance shall follow the principle of rotation and shall be chaired by the Commission.
Amendment 638 #
Proposal for a regulation
Article 17 – paragraph 1 – point d
Article 17 – paragraph 1 – point d
(d) the use of the definition of environmentally sustainable investment in Union law, and at Member State level, including the appropriateness of setting up verification mechanism of compliance with the criteria based on indicators set out in this Regulation.