Activities of Jytte GUTELAND related to 2017/0232(COD)
Legal basis opinions (0)
Amendments (11)
Amendment 21 #
Proposal for a regulation
Recital 3 a (new)
Recital 3 a (new)
(3a) The supervision of macro- economic imbalances within the European Union requires that the affected groups who bear the economic and social risks of financial crisis have a strong voice. Therefore, a strong and effective involvement of social partners is essential.
Amendment 22 #
Proposal for a regulation
Recital 3 b (new)
Recital 3 b (new)
(3b) A gender balance within the General Board of the ESRB should be aimed at.
Amendment 25 #
Proposal for a regulation
Recital 6
Recital 6
(6) Article 3(2) of Council Regulation (EU) No 1096/20106 provides that the head of the Secretariat of the ESRB is to be appointed by the ECB, in consultation with the General Board of the ESRB. To raise the profile of the head of Secretariat of the ESRB, the General Board of the ESRB should assess, in an open and transparent procedure, whether the shortlisted candidates for the position of head of Secretariat of the ESRB possess the qualities and experience necessary to manage the ESRB Secretariat. The General Board shouldis required to inform the European Parliament and the Council about the assessment procedure. Furthermore, the tasks of the head of the ESRB Secretariat should be clarified. _________________ 6 Council Regulation (EU) NO 1096/2010 of 17 November 2010 conferring specific tasks upon the European Central Bank concerning the functioning of the European Systemic Risk Board (OJ L 331, 15.12.2010, p. 162).
Amendment 26 #
Proposal for a regulation
Recital 10
Recital 10
(10) Article 16(3) of Regulation (EU) No 1092/2010 requires that the ESRB warnings and recommendations are transmitted to the Council and the Commission and, where addressed to one or more national supervisory authorities, to the ESAs. To strengthen democratic control and transparency, those warnings and recommendations should alsomust be transmitted without delay to the European Parliament and to the ESAs.
Amendment 29 #
Proposal for a regulation
Recital 11
Recital 11
(11) To ensure the quality and relevance of the ESRB opinions, recommendations and decisions, the Advisory Technical Committee and Advisory Scientific Committee are expected to consult stakeholders, where appropriateespecially the social partners, at an early stage and in an open and transparent manner. The results of those consultations have to be fully taken into account.
Amendment 31 #
Proposal for a regulation
Article 1 – paragraph 1 – point -1 a (new)
Article 1 – paragraph 1 – point -1 a (new)
Regulation (EU) No 1092/2010
Article 3 – paragraph 1
Article 3 – paragraph 1
(-1a) In article 3, the paragraph is replaced by the following: “1. The ESRB shall be responsible for the macro-prudential oversight of the financial system within the Union in order to contribute to the prevention or mitigation of systemic risks to financial stability in the Union that arise from developments within the financial system and taking into account macroeconomic developments, so as to avoid periods of widespread financial distress. It shall contribute to the smooth functioning of the internal market and thereby ensure a sustainable contribution of the financial sector to economic growth. and contributes to the achievement of the aims of Article 3 of the Treaty of the European Union."
Amendment 36 #
Proposal for a regulation
Article 1 – paragraph 1 – point 5 – point a – point i
Article 1 – paragraph 1 – point 5 – point a – point i
Regulation (EU) No 1092/2010
Article 11 – paragraph 1 – point c
Article 11 – paragraph 1 – point c
(i) point (c) is replaced by the following: “(c) four other members of the General Board who are also members of the Gpresidents of the national cenetral Council of the ECBbanks, with regard to the need for a balanced representation of Member States overall, and between those which are participating Member States as defined in Article 2(1) Regulation (EU) No 1024/2013 and those which are not. They shall be elected by and from among the members of the General Board who are also members of the General Council of the ECB, for a period of 3 years;”
Amendment 38 #
Proposal for a regulation
Article 1 – paragraph 1 – point 5 – point a – point ii a (new)
Article 1 – paragraph 1 – point 5 – point a – point ii a (new)
Regulation (EU) No 1092/2010
Article 11 – point j a (new)
Article 11 – point j a (new)
(iia) the following point (ja) is inserted: “(ja) one representative of the European social partners representing the employers and one representative of the European social partners representing the employees;”
Amendment 40 #
Proposal for a regulation
Article 1 – paragraph 1 – point 6 a (new)
Article 1 – paragraph 1 – point 6 a (new)
Regulation (EU) No 1092/2010
Article 12 – paragraph 1
Article 12 – paragraph 1
(6a) paragraph 1 is replaced by the following: "1. The Advisory Scientific Committee shall be composed of the Chair of the Advisory Technical Committee and 15 experts representing a wide range of skills and experiences proposed by the Steering Committee and approved by the General Board for a four-year, renewable mandate. The nominees shall not be members of the ESAs, but especially social partners and shall be chosen on the basis of their general competence and their diverse experience in academic fields or other sectors, in particular in small and medium- sized enterprises or trade-unions, or as providers or consumers of financial services."
Amendment 46 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9
Article 1 – paragraph 1 – point 9
Regulation (EU) No 1092/2010
Article 17 – paragraphs 1 and 2
Article 17 – paragraphs 1 and 2
9. In Article 17, the paragraphs 1 and 2 are replaced by the following: “1. If a recommendation referred to in Article 3(2)(d) is addressed to the Commission, to one or more Member States, to one or more ESAs, or to one or more national competent authorities, the addressees shall communicate to the European Parliament, the Council and to the ESRB the actions undertaken in response to the recommendation and shall substantiate any inaction. Where relevant, the ESRB shall, subject to strict rules of confidentiality, inform the ESAs of the answers received without delay.”; 2. If the ESRB decides that its recommendation has not been followed or that the addressees have failed to provide adequate justification for their inaction, the ESRB shall, subject to strict rules of confidentiality, inform the addressees, the European Parliament, the Commission, the Council and the relevant ESAs thereof.”;
Amendment 47 #
Proposal for a regulation
Article 1 – paragraph 1 – point 9 a (new)
Article 1 – paragraph 1 – point 9 a (new)
Regulation (EU) No 1092/2010
Article 18 – point 3 a (new)
Article 18 – point 3 a (new)
(9a) In article 18 the following point 3a is inserted:: "The analysis from the ESRB and the underlying data have to be made public."