Activities of Thomas MANN related to 2017/2171(DEC)
Shadow opinions (1)
OPINION on discharge in respect of the implementation of the budget of the European Banking Authority for the financial year 2016
Amendments (7)
Amendment 10 #
Draft opinion
Paragraph 2 a (new)
Paragraph 2 a (new)
2a. Underlines the role of the EBA in improving the international coordination of supervision between national supervisory authorities, as well as in the consistent application of EU law; emphasises that close cooperation in an atmosphere of trust should be the foundation of relations between the EBA and national supervisory authorities; considers that the EBA should ensure financial security, transparency and better integrated and safer financial markets;
Amendment 14 #
Draft opinion
Paragraph 2 b (new)
Paragraph 2 b (new)
2b. Highlights the fact that the EBA derives 40% of its funding from Union funds and 60% from contributions from the Member States; recalls that the UK decision to leave the EU could have a negative impact on the budget of the EBA; underlines that the resources made available to the EBA should be used in accordance with clear priorities and a clear focus on the mandate in order to achieve the desired objectives efficiently;
Amendment 15 #
Draft opinion
Paragraph 2 c (new)
Paragraph 2 c (new)
2c. Recalls, in the context of Brexit, the importance of ensuring a smooth and cost-effective move; observes that, during the transition period, the functioning of the Authority must be ensured, and that in this context there is a need for transparency in dealing with all the parties involved;
Amendment 16 #
Draft opinion
Paragraph 2 d (new)
Paragraph 2 d (new)
2d. Stresses that the EBA must use its mandate to promote the principle of proportionality; notes that this includes the adequate, proportionate interpretation and implementation of regulatory requirements with respect to the size of a financial undertaking and the risk profile of its business model; stresses that the EBA must act, in accordance with the mandate given to it by the European legislator, so as to achieve optimal use of resources and achievement of objectives;
Amendment 17 #
Draft opinion
Paragraph 2 e (new)
Paragraph 2 e (new)
2e. Welcomes a discussion of the potential long-term transfer of tasks vested in the EBA to the ECB in order to create more effective supervisory structures;
Amendment 18 #
Draft opinion
Paragraph 2 f (new)
Paragraph 2 f (new)
2f. Expects the EBA to provide the European Parliament and the Council, on a regular basis, with up-to-date and comprehensive information about its work, in particular in connection with the establishment of binding technical standards, opinions and rules;
Amendment 19 #
Draft opinion
Paragraph 2 g (new)
Paragraph 2 g (new)
2g. Suggests that the Commission reconsider and modify the arrangements for financing the EBA by introducing fees for market participants, based on the principle of proportionality; considers that the contributions from national authorities should be reduced; takes the view that the independence of the EBA and the performance of its supervisory tasks must continue to be guaranteed;