[ParlTrack]

Draft opinion
Paragraph 1 a (new)

1 a. Emphasises that the Authority’s role in promoting a common supervisory regime across the European financial system is essential in order to ensure financial stability, a better integrated, more efficient and safer financial market, as well as a high degree of consumer protection in the Union by promoting fairness and transparency on the product and financial services market;

2019/12/09
Committee: ECON

Csaba MOLNÁR

Draft opinion
Paragraph 1 b (new)

1 b. Underlines the central role of the Authority in contributing to a high quality common regulatory and supervisory standards and practices, to the consistent application of legally binding Union acts, to stimulate and facilitate the delegation of tasks and responsibilities among competent authorities, to monitor and access market developments within the scope of its competence and to foster the protection of policy holders, pension scheme members and beneficiaries;

2019/12/09
Committee: ECON

Csaba MOLNÁR

Draft opinion
Paragraph 1 c (new)

1 c. Emphasises the need for closer supervision in certain Member States with a view to addressing vulnerabilities in the insurance markets of those Member States and protecting consumers from unfair practices of multinational insurance companies;

2019/12/09
Committee: ECON

Csaba MOLNÁR

Draft opinion
Paragraph 1 d (new)

1 d. Underlines the responsibility of the financial system in meeting sustainability challenges and ensuring that the Union meets its obligations under the Paris Agreement under the United Nations Framework Convention on Climate Change; highlights the crucial role of the Authority in integrating environmental, social and governance related factors into the regulatory and supervisory framework and in mobilising and guiding private capital flows towards sustainable investments; therefore stresses the need for sufficient resources to monitor the implementation of that Framework by financial institution and national competent authorities;

2019/12/09
Committee: ECON

Csaba MOLNÁR

Draft opinion
Paragraph 1 e (new)

1 e. Underlines that the Authority, when carrying out its activities, needs to pay particular attention to ensuring compatibility with Union law, to respecting the principle of proportionality and to complying with the fundamental principles of the internal market;

2019/12/09
Committee: ECON

Csaba MOLNÁR

Draft opinion
Paragraph 1 f (new)

1 f. Stresses the need to allocate adequate funding and resources to the Authority in order to be able to fulfil its mandate consistently, independently and efficiently;

2019/12/09
Committee: ECON

Csaba MOLNÁR

Draft opinion
Paragraph 1 g (new)

1 g. Underlines the importance of an open, efficient and independent administration for all Union agencies and the Union as a whole; recalls the problem of conflict of interest arising from ‘revolving door’ situations and stresses the need for a unified legal framework to address these issues;

2019/12/09
Committee: ECON

Csaba MOLNÁR

Draft opinion
Paragraph 2 a (new)

2 a. Takes note of the Annual report on EU agencies for the financial year 20181a of the European Court of Auditors, that interim workers should work under the same working conditions as workers employed directly by the user undertaking, however the Authority did not likely carry out any comparison between the working conditions for its own staff and those of interim workers; calls on the Authority therefore to analyse the working conditions of its interim workers and ensure they are in line with European and national labour law; _________________ 1a https://www.eca.europa.eu/Lists/ECADoc uments/AGENCIES_2018/AGENCIES_2 018_EN.pdf

2019/12/09
Committee: ECON

Csaba MOLNÁR

Draft opinion
Paragraph 6

6. Recalls that 100 % of the budgetary surplus has been allocated to the Commission whereas Member States consider that 60 % thereof should be refunded to them; calls on the Commission to ~~resolve that issue~~find a balanced solution.

2019/12/09
Committee: ECON

9 Amendments of Csaba MOLNÁR related to 2019/2091(DEC)

ParlTrack - 2011-2024