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4 Amendments of Werner LANGEN related to 2017/0136(COD)

Amendment 214 #
Werner LANGEN
Proposal for a regulation
Recital 36
(36) ESMA should have all the powers necessary to supervise recognised third- country CCPs to ensure their ongoing compliance with the requirements of Regulation (EU) No 648/2012. In certain areas, ESMA’s decisions should be subject to the prior consent of should consult the relevant central bank(s) of issue.
2018/04/13
Committee: ECON
Amendment 527 #
Werner LANGEN
Proposal for a regulation
Article 2 – paragraph 1 – point 10
ESMA shall prepare and submit draft decisions toRegarding the decisions taken under Articles 41,44, 46, 50 and 54 ESMA shall consult the central bank(s) of issue of the relevafinancial instruments currency referred to in Article 18(2)(h) before adopting any decision pursuant to Articles 41, 44, 46, 50, and 54leared or to be cleared by the third-country CCP on those parts of the draft decision relating to the currency it issues. Within 10 working days as of the transmission of the draft decision, each central bank of issue shall reply to ESMA's consultation request. In emergency situations the above- mentioned period shall not exceed 24 hours.
2018/04/13
Committee: ECON
Amendment 534 #
Werner LANGEN
Proposal for a regulation
Article 2 – paragraph 1 – point 10
Regulation (EU) No 648/2012
Article 25 b – paragraph 2 – subparagraph 2
ESMA shall obtain, in accordance with this paragraph,At the consentd of the relevant central bank of issue in respect of any aspect of those decisions relating to the carrying out of their monetary policy tasks. The consentconsultation period of the central banks of issue referred to in the second subparagraph shall be deemed to be given unless it proposes amendments or objects to the draft decision within 15 calendar days after having been notified of the draft decision. Where the central bank of issue proposes amendments or objects to a draft decision, it shall provide full and detailed reasons, in writing, ESMA shall do its utmost to comply with the amendments proposed by them.
2018/04/13
Committee: ECON
Amendment 542 #
Werner LANGEN
Proposal for a regulation
Article 2 – paragraph 1 – point 10
Regulation (EU) No 648/2012
Article 25 b – paragraph 2 – subparagraph 3
Where the central bank of issue objects to a draft decision, ESMA shall not adopt that decision. Where the central bank of issue proposn ESMA does not take into account the amendments proposed by a central bank of issue, ESMA shall inform in writing and in detail the concerned central bank of issue of all the reasons why these amendments, ESMA may only adopt the decision as amended by that central bank of issue have not been taken into account.
2018/04/13
Committee: ECON
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