28 Amendments of Engin EROGLU related to 2023/0212(COD)
Amendment 174 #
Proposal for a regulation
Recital 31
Recital 31
(31) Pursuant to its powers under the Treaties and in line with the provisions of this Regulation, the European Central Bank should be able to set limits on the use of the digital euro as a store of value. In this context, holding limits for consumers will be necessary. Changes to those holding limits may not be misused to control the money supply as part of monetary policy. The effective use of the digital euro as a legal tender means of payment should be preserved through limits on inter-PSP or merchant fees.
Amendment 174 #
Proposal for a regulation
Recital 31
Recital 31
(31) Pursuant to its powers under the Treaties and in line with the provisions of this Regulation, the European Central Bank should be able to set limits on the use of the digital euro as a store of value. In this context, holding limits for consumers will be necessary. Changes to those holding limits may not be misused to control the money supply as part of monetary policy. The effective use of the digital euro as a legal tender means of payment should be preserved through limits on inter-PSP or merchant fees.
Amendment 293 #
Proposal for a regulation
Article 7 – paragraph 1
Article 7 – paragraph 1
(1) The digital euro - in addition to cash - shall have legal tender status.
Amendment 293 #
Proposal for a regulation
Article 7 – paragraph 1
Article 7 – paragraph 1
(1) The digital euro - in addition to cash - shall have legal tender status.
Amendment 302 #
Proposal for a regulation
Article 9 – paragraph 2
Article 9 – paragraph 2
Amendment 302 #
Proposal for a regulation
Article 9 – paragraph 2
Article 9 – paragraph 2
Amendment 305 #
Proposal for a regulation
Article 10
Article 10
Amendment 305 #
Proposal for a regulation
Article 10
Article 10
Amendment 374 #
Proposal for a regulation
Article 15 – paragraph 1
Article 15 – paragraph 1
1. With a view to enabling natural and legal persons to access and use digital euro, to defining and implementing monetary policy and to contributing to the stability of the financial system, the use of the digital euro as a store of value mayshall be subject to limita maximum limit for users.
Amendment 374 #
Proposal for a regulation
Article 15 – paragraph 1
Article 15 – paragraph 1
1. With a view to enabling natural and legal persons to access and use digital euro, to defining and implementing monetary policy and to contributing to the stability of the financial system, the use of the digital euro as a store of value mayshall be subject to limita maximum limit for users.
Amendment 386 #
Proposal for a regulation
Article 16 – paragraph 1
Article 16 – paragraph 1
1. For the purpose of Article 15(1), the European Central Bank shall develop instruments to limit the use of the digital euro as a store of value and shall decide on their parameters and use, in accordance with the framework set out in this Article. When the digital euro is introduced, a holding limit of EUR 1000 per consumer shall be set. PSPs providing account servicing payment services within the meaning of Directive 2015/2366 to natural and legal persons referred to in Article 12(1) shall apply these limits to digital euro payment accounts.
Amendment 386 #
Proposal for a regulation
Article 16 – paragraph 1
Article 16 – paragraph 1
1. For the purpose of Article 15(1), the European Central Bank shall develop instruments to limit the use of the digital euro as a store of value and shall decide on their parameters and use, in accordance with the framework set out in this Article. When the digital euro is introduced, a holding limit of EUR 1000 per consumer shall be set. PSPs providing account servicing payment services within the meaning of Directive 2015/2366 to natural and legal persons referred to in Article 12(1) shall apply these limits to digital euro payment accounts.
Amendment 431 #
Proposal for a regulation
Article 16 – paragraph 8
Article 16 – paragraph 8
8. Within the framework of this Regulation, the digital euro shall not bearThe digital euro shall bear neither positive nor negative interest.
Amendment 431 #
Proposal for a regulation
Article 16 – paragraph 8
Article 16 – paragraph 8
8. Within the framework of this Regulation, the digital euro shall not bearThe digital euro shall bear neither positive nor negative interest.
Amendment 578 #
Proposal for a regulation
Article 31 – paragraph 1
Article 31 – paragraph 1
1. Payment service providers shall enable digital euro users at their request to switch their digital euro payment accounts free of charge to other payment service providers while maintaining the same account identifiers.
Amendment 578 #
Proposal for a regulation
Article 31 – paragraph 1
Article 31 – paragraph 1
1. Payment service providers shall enable digital euro users at their request to switch their digital euro payment accounts free of charge to other payment service providers while maintaining the same account identifiers.
Amendment 589 #
Proposal for a regulation
Article 32 – paragraph 4
Article 32 – paragraph 4
4. For the purpose of this Article, payment service providers shall provide the fraud detection and prevention mechanism with information referred to in Annex 5. Payment service providers shall implement appropriate technical and organisational measures including state-of-the-art security and privacy-preserving measures to ensure that the support service shall not be able to directly identify the digital euro users on the basis of the information provided to the fraud detection and prevention mechanism.
Amendment 589 #
Proposal for a regulation
Article 32 – paragraph 4
Article 32 – paragraph 4
4. For the purpose of this Article, payment service providers shall provide the fraud detection and prevention mechanism with information referred to in Annex 5. Payment service providers shall implement appropriate technical and organisational measures including state-of-the-art security and privacy-preserving measures to ensure that the support service shall not be able to directly identify the digital euro users on the basis of the information provided to the fraud detection and prevention mechanism.
Amendment 612 #
Proposal for a regulation
Article 35 – paragraph 3
Article 35 – paragraph 3
Amendment 612 #
Proposal for a regulation
Article 35 – paragraph 3
Article 35 – paragraph 3
Amendment 623 #
Proposal for a regulation
Article 36 – paragraph 3
Article 36 – paragraph 3
Amendment 623 #
Proposal for a regulation
Article 36 – paragraph 3
Article 36 – paragraph 3
Amendment 637 #
Proposal for a regulation
Article 37 – paragraph 3
Article 37 – paragraph 3
3. Payment service providers shall retain data of funding and defunding for storing digital euros on payment instruments in accordance with Article 40 of Directive (EU) 2015/849 and national provisions transposing that Article. Payment service providers shall, upon a reasoned request, make those data available to the Financial Intelligence Unit and other competent authorities as referred in Article 2(31) of Regulation [please insert reference – proposal for Anti-Money Laundering Regulation - COM/2021/420 final].
Amendment 637 #
Proposal for a regulation
Article 37 – paragraph 3
Article 37 – paragraph 3
3. Payment service providers shall retain data of funding and defunding for storing digital euros on payment instruments in accordance with Article 40 of Directive (EU) 2015/849 and national provisions transposing that Article. Payment service providers shall, upon a reasoned request, make those data available to the Financial Intelligence Unit and other competent authorities as referred in Article 2(31) of Regulation [please insert reference – proposal for Anti-Money Laundering Regulation - COM/2021/420 final].
Amendment 663 #
Proposal for a regulation
Article 39
Article 39
Amendment 663 #
Proposal for a regulation
Article 39
Article 39
Amendment 682 #
Proposal for a regulation
Article 41 – paragraph 1
Article 41 – paragraph 1
1. By one year from the first issuance of the digital euro, and every three years thereafter, the Commission shall present to the European Parliament and to the Council a report on the application of this Regulation. When preparing its report, the Commission shall take into account the reports by European Central Bank referred in Article 40 and any opinion and views expressed by the European Central Bank. That report shall contain a disaggregated estimate of the digital euro distribution costs already incurred plus the ongoing costs, including imputed payroll costs, at political level, for the Central Bank and for financial service providers.
Amendment 682 #
Proposal for a regulation
Article 41 – paragraph 1
Article 41 – paragraph 1
1. By one year from the first issuance of the digital euro, and every three years thereafter, the Commission shall present to the European Parliament and to the Council a report on the application of this Regulation. When preparing its report, the Commission shall take into account the reports by European Central Bank referred in Article 40 and any opinion and views expressed by the European Central Bank. That report shall contain a disaggregated estimate of the digital euro distribution costs already incurred plus the ongoing costs, including imputed payroll costs, at political level, for the Central Bank and for financial service providers.