16 Amendments of Jonás FERNÁNDEZ related to 2015/2106(INI)
Amendment 20 #
Motion for a resolution
Recital C a (new)
Recital C a (new)
Ca. notes that the purpose of financial markets is to provide capital for real, public and private investments, and not to aggravate risks by speculation;
Amendment 40 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the Commission’s Investment Package, including the Capital Markets Union (CMU); stresses that an efficient and effective financial services framework ensuring financial stability is a prerequisite in order to increase (long-term) investment and to foster growth in a competitive European economy; underlines the linkage between economic and financial stability, and the need for greater non-bank financing of companies;
Amendment 50 #
Motion for a resolution
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Points out that the euro is a pillar of the Capital Markets Union, and eliminating state currencies thus facilitates the integration of financial markets;
Amendment 52 #
Motion for a resolution
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Is baffled at the time taken to carry out intra-EU bank transfers, which can take up to three days despite the implementation of SEPA;
Amendment 54 #
Motion for a resolution
Paragraph 3
Paragraph 3
Amendment 72 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Notes that a sound and robust CMU has to acknowledge the interdependencies with other financial sectors and has to be based on well-established existing structures; stresses the need for a holistic view of EU financial services regulation; calls, therefore, for the CMU to reflect the perspective of consumers and small cross- border investors, rather than being solely orientated towards the financing of companies;
Amendment 90 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Expresses concern at the persistence of problems concerning IBAN codes, which are still not considered valid for making direct debits from bank accounts domiciled in Member States other than that of the beneficiary;
Amendment 107 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Believes that a single market for financial services servesis vital for businesses, but ultimately has to benefit customers and investors; insists that barriers to cross- border access, marketing and investment have to be analysed and addressed, particularly issues such as the cross- border portability of payment cards and the possibility of opening a bank account or purchasing government bonds without the obligation to reside in the Member State in question;
Amendment 114 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Believes that consumer protection does not necessarily entail large volumes of information; is concerned that the multiplicity of customer information might not ultimately serve real customer needs; pPoints to the necessity of a European initiative for more and better financial education;
Amendment 145 #
Motion for a resolution
Paragraph 10
Paragraph 10
Amendment 156 #
Motion for a resolution
Paragraph 11
Paragraph 11
Amendment 188 #
Motion for a resolution
Paragraph 14
Paragraph 14
Amendment 207 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Notes the achievements in establishing a banking union; stresses that the next step has to be its full implementation, including full capitalisation of national Deposit Guarantee Schemes (DGS), the introduction of the European Deposit Guarantee Fund and the Single Resolution Fund (SRF); emphasises the aim of avoiding moral hazard and ensuring that risk-takers bear the costs when their risks materialise;
Amendment 313 #
Motion for a resolution
Paragraph 26
Paragraph 26
26. Believes that better financial regulation starts with Member States applying the current acquis; considers that gold-plating does not facilitate the functioning of the internal market;
Amendment 333 #
Motion for a resolution
Paragraph 29
Paragraph 29
Amendment 370 #
Motion for a resolution
Paragraph 37
Paragraph 37
37. Reminds the ESAs that technical standards, guidelines and recommendations are bound by the principle of proportionality; calls on the ESAs to adopt a restrictive approach to the extent and number of guidelines, particularly where they are not explicitly empowered in the basic act; notes that such a restrictive approach is also required in view of the ESAs’ resources and the need to prioritise their tasks;