BETA

3 Amendments of Jonás FERNÁNDEZ related to 2014/0807(CNS)

Amendment 19 #
Draft regulation
Article 1 – point 4 – point aa (new)
Regulation (EC) No 2532/98
Article 3 – paragraph 9
(aa) paragraph 9 is replaced by the following: "9. The proceeds from sanctions imposed by the ECB shall belong to the ECB.Bank Resolution Fund. Alternatively they shall become an own resource of the Union."
2014/10/21
Committee: ECON
Amendment 20 #
Draft regulation
Article 1 – point 4 – point b
Regulation (EC) No 2532/98
Article 3 – paragraph 10
If an infringement relates exclusively to a task entrusted to the ESCB or the ECB under the Treaty and the Statute of the ESCB, an infringement procedure may be initiated only on the basis of this Regulation, irrespective of the existence of any national law or regulation which may provide for a separate procedure. If an infringement also relates to one or more areas outside the competence of the ESCB or the ECB, the right to initiate an infringement procedure on the basis of this Regulation shall be independent of any right of a competent national authority to initiate separate procedures in relation to such areas outside the competence of the ESCB or the ECB. This provision shall be without prejudice to the application of criminal law and of national law relating to prudential supervisory competencies in participating Member States, in accordance with Council Regulation (EU) No 1024/2013. Furthermore, the proceeds accruing from the sanctions referred to in Article 9 of this Regulation shall remain at the disposal of the ECB provided that that Institution specifies a purpose for those proceeds other than financing current expenditure, and provided that it reports on their use to the European Parliament and the Court of Auditors. Otherwise, the ECB shall cede the proceeds to the Bank Resolution Fund, failing which they shall become an own resource of the European Union.
2014/10/21
Committee: ECON
Amendment 24 #
Draft regulation
Article 1 – point 5a (new)
Regulation (EC) No 2532/98
Article 5
Article 5 Judicial review T5a. Article 5 is replaced by the following: “Article 5 Judicial review As stated in article 263 of the Treaty on the Functioning of the European Union, the Court of Justice of the European CommunitiesUnion shall have unlimited jurisdiction within the meaning of Article 172 of the Treaty over the review of final decisions whereby a sanction is imposed.
2014/10/21
Committee: ECON