2 Amendments of Răzvan POPA related to 2017/0232(COD)
Amendment 16 #
Proposal for a regulation
Recital 2
Recital 2
(2) The 2017 Commission report on the mission and organisation of the ESRB5 concludes that, while the ESRB is generally well-functioning, improvements on certain specific points are necessary and should be changed accordingly in order to ensure the efficiency of the macro- prudential policies. _________________ 5 Commission Staff Working Document, Effect Analysis, Amendments to ESRB Regulation, COM(2017).
Amendment 20 #
Proposal for a regulation
Recital 3
Recital 3
(3) The broad membership of the General Board of the ESRB is a major asset. Recent developments in the financial supervisory architecture of the Union, and in particular the set-up of a Banking Union, are however not reflected in the composition of that General Board. For that reason, the Chair of the Supervisory Board of the ECB and the Chair of the Single Resolution Board should become members with voting rights of the General Board of the ESRB. Corresponding adjustments should also be made to the Steering Committee and to the Advisory Technical Committee, respectively.