4 Amendments of Tom VANDENKENDELAERE related to 2015/2221(INI)
Amendment 16 #
Motion for a resolution
Recital A
Recital A
A. whereas the Banking Union (BU) is an indispensable component of a ma Single Rulebook is crucial for ensuring financial stability, enhancing financial integration and creating a level- playing field in the European financial market; whereas in the Economic and Monetary uUnion and a fundamental building block of a genuine economic and monetary union (EMU)with its shared currency it proved necessary to complement this with a genuine Banking Union to address the sovereign-bank loop and more generally mirror the increased interdependence;
Amendment 170 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Believes that the homogenisation of supervisory practices and standards within the euro area is a key objective for the SSM in order to ensure a true level playing fieldyet should go hand in hand with the completion of the other two pillars of the Banking Union; in this respect, welcomes the agreement on a single implementation of national options and discretion for the euro area; considers that such a single implementation requires a gradual approach and should aim to address all existing barriers and segmentations; stands ready to cooperate at the legislative level to further improve regulatory and supervisory harmonisation;
Amendment 328 #
Motion for a resolution
Paragraph 39
Paragraph 39
39. Underlines that, together with the SSM and the SRM, the capacity to afford the same level of protection to deposits, irrespective of their location, is an indispensable component for completing the BU and thus genuinely breaking the sovereign-bank loop, restoring depositor confidence, creating a level-playing field and enhancing financial stability;
Amendment 341 #
Motion for a resolution
Paragraph 40
Paragraph 40
40. Welcomes the Commission’'s announcement regarding the presentation of a legislative proposal for the first steps towards a European Deposit Insurance Scheme (EDIS) by establishing a reinsurance mechanism at EU level for the national deposit guarantee schemelegislative proposal regarding the establishment of a European Deposit Insurance Scheme (EDIS) which would gradually evolve from a re-insurance of national Deposit Guarantee Schemes (DGS) to a co- insurance scheme and finally a genuine European Deposit Insurance Scheme; deems it essential that in parallel to the gradual introduction of a European Deposit Insurance Scheme concrete steps are taken towards a further reduction of risks in the banking sector and a weakening of the link between banks and sovereigns;