15 Amendments of Jonás FERNÁNDEZ related to 2019/2130(INI)
Amendment 1 #
Motion for a resolution
Citation 4 a (new)
Citation 4 a (new)
- having regard to the Commission proposal of 24 November 2015 for a regulation of the European Parliament and of the Council amending Regulation (EU) No 806/2015 in order to establish a European Deposit Insurance Scheme (COM(2015)0586),
Amendment 2 #
Motion for a resolution
Citation 4 b (new)
Citation 4 b (new)
- having regard to the 2010 Framework Agreement on relations between the European Parliament and the European Commission,
Amendment 6 #
Motion for a resolution
Citation 14 a (new)
Citation 14 a (new)
- having regard to the endorsement by the Euro Summit on 14 December 2018 of the report of the Eurogroup in its inclusive format establishing a High- Level Working Group with a mandate to work on next steps towards a roadmap for beginning political negotiations on a European Deposit Insurance Scheme (EDIS), adhering to all elements of the 2016 roadmap in the appropriate sequence,
Amendment 7 #
Motion for a resolution
Citation 14 b (new)
Citation 14 b (new)
- having regard to the endorsement by the same Euro summit of the terms of reference of the common backstop for the Single Resolution Fund, which set out how the backstop will be operationalised, and anticipated provided sufficient progress has been made in risk reduction, to be assessed in 2020,
Amendment 8 #
Motion for a resolution
Citation 14 c (new)
Citation 14 c (new)
- having regard to the report adopted by the European Commission on 30 April 2019 by assessing the implementation of the Bank Recovery and Resolution Directive (BRRD) and the Single Resolution Mechanism Regulation (SRMR),
Amendment 59 #
Motion for a resolution
Paragraph 1 a (new)
Paragraph 1 a (new)
1 a. Notes that the full implementation of the Banking Union is necessary to deliver more financing to the economy – both to households and companies, specially SMEs –, promoting investment and job creation;
Amendment 92 #
Motion for a resolution
Paragraph 4 a (new)
Paragraph 4 a (new)
4 a. Notes however that the prospect of low risk and low profitability, the deterioration of the macroeconomic scenario and geopolitical tensions as well as cyber risks and data security are among the major challenges the EU banking sector is facing;
Amendment 105 #
Motion for a resolution
Paragraph 5 a (new)
Paragraph 5 a (new)
5 a. Underlines the importance of protecting consumer rights, namely regarding banking fees, the transparency of products costs, profitability and risks; calls, in this respect, on the European Banking Authority to devote more focus in fulfilling its mandate on properly collecting, analysing and reporting on consumer trends, and also on the review and coordination of financial literacy and education initiatives by the competent authorities;
Amendment 151 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Notes that the ratio of non- performing loans (NPLs) held by significant institutions has fallen by more than half from the start of ECB banking supervision, in November 2014, to June 2019; underlines the need to protect customers’ rights in the context of NPL transactions and calls on Member States to put measures in place to ensure that borrowers, who might be in already vulnerable financial situations, are not subject to aggressive and unfair treatment and practices by poorly-regulated debt buyers and collectors;
Amendment 201 #
Motion for a resolution
Paragraph 15
Paragraph 15
15. Welcomes the agreement on the exchange of information between the ECB and the AML/CFT supervisors; recalls its serious concern about regulatory and supervisory fragmentation in the AML/CFT area, which is ill-suited to supervise the increasing cross-border activity in the EU; welcomes, in this regard, the Council Conclusions of 5 December 2019, which give a mandate to the Commission to explore ways of ensuring better cooperation between authorities and conferring AML tasks to a Union body, and to turn certain parts of the Anti-money Laundering Directive into a Regulation, to ensure a single rulebook; calls on the Commission to start working on the overhaul of the EU AML framework and legislation to effectively address the risks posed by cross-border illegal activity to the integrity of the EU financial system and the security of EU citizens;
Amendment 243 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Is concerned by the lack of mechanisms in the Banking Union to ensure that emergency liquidity can be provided to a bank in the event of a resolution and calls on the Commission to attempt to address this gap without further delay;
Amendment 260 #
Motion for a resolution
Paragraph 21 a (new)
Paragraph 21 a (new)
21 a. Urges the Commission to put forward measures for a robust bank resolution and insolvency framework;
Amendment 280 #
Motion for a resolution
Paragraph 23 a (new)
Paragraph 23 a (new)
23 a. Is concerned that the European Parliament has not been kept informed of discussions taking place in the context of the High-Level Working Group on EDIS, which reports to the Eurogroup;
Amendment 281 #
Motion for a resolution
Paragraph 23 b (new)
Paragraph 23 b (new)
23 b. Notes that the European Commission is a participant in the High- Level Working Group and recalls Article 9 of the 2010 Framework Agreement which contains the obligation for the Commission to guarantee equal treatment, in particular, on legislative matters, between the European Parliament and the Council;
Amendment 282 #
Motion for a resolution
Paragraph 23 c (new)
Paragraph 23 c (new)
23 c. Urges the Council to resume negotiations on EDIS, proposing meaningful steps to move forward, without further delay;