1 Amendments of Jakob von WEIZSÄCKER related to 2014/2158(INI)
Amendment 202 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Notes the considerable advanceprogress that haves been made in EU banking regulation since 2008, and particularly in 2013; believes that a comprehensive analysis of the competitive aspects of this large amount of new EU financial regulation is iafter the financial crisis in better regulating the financial sector to protect taxpayers from massively subsidizing the financial sector, implicitly in good times and explicitly in crisis times; stresses the need further to address the problem of financial institutions which are too big to fail and as a result continue to benefit from implicit subsidies; welcomes the proposed regulation on banking structural reform in that context; concludes that financial markets less distorted by implicit subsidies will be able to deliver a more effective capital allocation forder sustainable growth;