BETA

7 Amendments of Bernd LUCKE related to 2016/2247(INI)

Amendment 120 #
Motion for a resolution
Paragraph 2
2. Considers that - as the Greek haircut has shown - there are risks associated with sovereign debt; notes, however, that modifying its prudential treatment could have a significant effect on the financial sector, which calls for caution in reform efforts; awaits with interest the results of the international work on this issue; considers that, in the end, a better regulatory framework, be it European or international, will be needed even of Eurozone Member States and that, consequentially, sovereign risk must not be considered as risk free assets in balance sheets;
2016/12/20
Committee: ECON
Amendment 142 #
Motion for a resolution
Paragraph 3
3. Considers it essential to ensure the comparability of risk-weighted assets across institutions in order to allow for effective supervision; welcomes the work done internationally to streamline the resort to internal models, as well as the introduction of a leverage ratio to act as a backstop; recalls, however, that the regulatory changes planned should not result in significant increases in capital requirements, nor in order to cushion the financial institutions appropriately against future shocks hitting the financial sector; points out that increased capital requirements need not harm the ability of banks to finance the real economy, in particular SMEs;
2016/12/20
Committee: ECON
Amendment 319 #
Motion for a resolution
Paragraph 13
13. Stresses that it is crucial to harmonise the hierarchy of claims in bank insolvency across Member States in order to make the implementation of the BRRD more consistent and effective; is concerned by the multitude of exceptions far beyond deposits up to EUR 100 000;
2016/12/20
Committee: ECON
Amendment 364 #
Motion for a resolution
Paragraph 19
19. Is aware of the potential benefitrisks of an EDIS; is nevertheless of the opinion that risk reduction measures as well as a link between political responsibility and the bearing of the occurring costs are an indispensable counterparty to its establishment in order to prevent moral hazard, and that such measures should preferably precede risk sharing;
2016/12/20
Committee: ECON
Amendment 382 #
Motion for a resolution
Paragraph 20
20. WelcomeRejects a European approach to deposit insurance, which must make it possible to address outstanding DGSD implementation issues and phase in the risk reduction measures;
2016/12/20
Committee: ECON
Amendment 405 #
Motion for a resolution
Paragraph 22
22. Highlights that Article 114 seems to be an inappropriate legal basis for the establishment of both the EDIS and the DIF;
2016/12/20
Committee: ECON
Amendment 423 #
Motion for a resolution
Paragraph 24
24. WelcomeRejects the establishment of loan facility agreements between the SRF and the Banking Union Member States; is of the opinion, nevertheless, that this solution is not sufficient to do away with the bank- sovereign vicious circle and that the work on a common fiscal backstop for the SRF, which should be fiscally neutral over the medium term, should continue step by steponly another step into a debt and liabilities union;
2016/12/20
Committee: ECON