7 Amendments of Ivan ŠTEFANEC related to 2016/0282(COD)
Amendment 702 #
Proposal for a regulation
Article 265 – paragraph 1 – point 11 – point b – point i – indent 1
Article 265 – paragraph 1 – point 11 – point b – point i – indent 1
(iii) a publicly-owned bank or financial institution, established as a legal entity carrying out financial activities on a professional basis, which fulfils all the following conditions:
Amendment 705 #
Proposal for a regulation
Article 265 – paragraph 1 – point 11 – point b – point i – indent 1
Article 265 – paragraph 1 – point 11 – point b – point i – indent 1
- carries out its activities including development activities in regions, policy areas and or sectors for which access to funding from market sources is not generally available or sufficient;
Amendment 706 #
Proposal for a regulation
Article 265 – paragraph 1 – point 11 – point b – point i – indent 1
Article 265 – paragraph 1 – point 11 – point b – point i – indent 1
Regulation 1303/2013
Article 38 para 4
Article 38 para 4
- operates on a non-profit maximisation basiwithout primarily focus on maximising profits in order to ensure a long-term financial sustainability;
Amendment 708 #
Proposal for a regulation
Article 265 – paragraph 1 – point 11 – point b – point ii
Article 265 – paragraph 1 – point 11 – point b – point ii
When implementing the financial instrument, the bodies referred to in points (a) to (d) of the first subparagraph shall ensure compliancecomply with applicable law, including rules covering the ESI Funds, State aid, public procurement and relevant standards and applicable legislation on the prevention of money laundering, the fight against terrorism, tax fraud and tax evasion. Those bodies shall not make use of or engage in tax avoidance structures, in particular aggressive tax planning schemes or practices not complying with EU tax good governance cpriterianciples, as set out in EUthe Union legislation including Commission recommendations and communications or or any formal notice by the latter. In this context, the bodies implementing financial instruments shall take the utmost account of the policies of the Union. They shall not be established and, in relation to the implementation of the financial operations instruments shall not maintain business relations with entities incorporated in jurisdictions that do not co-operate with the Union in relation to the application of the internationally agreed tax standards on transparency and exchange of information. Those bodies may, under their responsibility, conclude agreements with financial intermediaries for the implementation of financial operations instruments. They shall transpose requirements referred to in this paragraph in their contracts with the financial intermediaries selected to participate in the execution of financial operations instruments under such agreements.
Amendment 710 #
Proposal for a regulation
Article 265 – paragraph 1 – point 11 – point d (new) Regulation 1303/2013
Article 265 – paragraph 1 – point 11 – point d (new) Regulation 1303/2013
8a. Notwithstanding Articles 70 and 93(1), contributions pursuant to paragraph 1 of this Article may be used for the purpose of giving rise to new debt and equity finance in the entire territory of the Member State without regard to the categories of region, unless otherwise provided for in the funding agreement.
Amendment 719 #
Proposal for a regulation
Article 265 – paragraph 1 – point 24 – point a
Article 265 – paragraph 1 – point 24 – point a
application of a flat rate net revenue percentage established by a Member State for a sector or sub-sector not covered under point (a). Before the application of the flat rate the responsible audit authority shall satisfy itself that the flat rate has been established according to a fair, equitable and verifiable method based on historical data or objective criteria.;
Amendment 743 #
Proposal for a regulation
Article 265 – paragraph 1 – point 57
Article 265 – paragraph 1 – point 57
Where documents are kept on commonly accepted data carriers in accordance with the procedure laid down in paragraph 5, no originals shall be required, except at least for the cases where fraud suspicions exist.