8 Amendments of Kaja KALLAS related to 2016/2243(INI)
Amendment 25 #
Draft opinion
Paragraph 4 a (new)
Paragraph 4 a (new)
4a. Believes that the completion of the Capital Market Union will help support the development of FinTechs and a true Single Market for financial products and services;
Amendment 36 #
Draft opinion
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Building on the work of the eIDAS Regulation, calls on the Commission to further assess the framework for European e-ID schemes in order to ensure that they facilitate the supply of cross-border online financial services; asks furthermore the Commission to urgently assess the current regulatory barriers that hamper a wider use of e- identification techniques;
Amendment 45 #
Draft opinion
Paragraph 6 c (new)
Paragraph 6 c (new)
6c. Stresses that FinTechs should be used as a means to increase financial stability in Europe; asks the Commission to analysis how FinTechs can help in this process;
Amendment 52 #
Draft opinion
Paragraph 6 g (new)
Paragraph 6 g (new)
6g. Recalls the Parliament’s report on virtual currencies and the potential benefit of distributed ledger technology (DLT) beyond VCs; asks the Commission to look into a possible DLT usages in FinTechs and other DSM schemes;
Amendment 53 #
Draft opinion
Paragraph 6 h (new)
Paragraph 6 h (new)
6h. Notes the increase of robot financial advisors and welcomes this as it could decrease the barriers to market investments by consumers;
Amendment 55 #
Draft opinion
Paragraph 6 j (new)
Paragraph 6 j (new)
6j. Stresses that consumers are the driving force behind the rise of FinTechs; underlines the goal of any future legislative changes should be to support consumers in this transformation;
Amendment 58 #
Draft opinion
Paragraph 6 m (new)
Paragraph 6 m (new)
6m. Believes that data portability must be part of FinTech services in order to ensure that consumers are not locked into one service provider or product; additionally asks the Commission to analyse the benefits of greater application programming interface (API) access for FinTech companies allowing supplementary services for consumers;
Amendment 59 #
Draft opinion
Paragraph 6 n (new)
Paragraph 6 n (new)
6n. Notes that financial passporting could allow FinTech services to be offered across Europe while being subject to the regulator control of a single Member State;