2 Amendments of Jakob von WEIZSÄCKER related to 2015/2190(DEC)
Amendment 5 #
Draft opinion
Paragraph 3
Paragraph 3
3. Points out that ESMA when carrying out its activities needs to pay particular attention to the issue of proportionalitysafety and soundness of the financial sector and must strive to achieve outcomes that are unambiguous, coherent and free of superfluous complexitystandardized;
Amendment 16 #
Draft opinion
Paragraph 6
Paragraph 6
6. Stresses that given its limited resources, ESMA must stick strictly to the tasks assigned to it by the Union legislator and must not seek to broaden its mandate beyond those assignmethe practical limits of effective supervision by ESMA must not be set by budgetary constraints; stresses that while carrying out its work and in particular when drafting implementing legislation, ESMA needs to regularly and comprehensively inform the Union legislator about its activities; regrets that ESMA has in the past not always met that standard;