18 Amendments of Dragoş PÎSLARU related to 2022/2061(INI)
Amendment 82 #
Motion for a resolution
Recital J a (new)
Recital J a (new)
J a. whereas crisis management remains fragmented across the EU and the BU, resulting in an unlevel playing field between banks and jurisdictions;
Amendment 112 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Stresses that the EU should fairly and fully implement the Basel III reform in a timely manner, while taking European specificities into account, and ensuring the competitiveness of EU banks and an international level playing field;
Amendment 141 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Welcomes the ongoing work by the Commission and the ECB on the digital euro; looks forward to the Commission’s legislative proposal and the ECB Governing Council’s decision on the digital euro;
Amendment 162 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8 a. Encourages banks to take advantage of the opportunities offered by the European market for banking services; stresses the need to remove unnecessary obstacles to cross-border activities within the European Union;
Amendment 175 #
9. Notes that since the beginning of 2022, the Common Equity Tier 1 ratio of SSM banks has decreased to 14.96 % and the liquidity coverage ratio has also decreased to 164.36 %5 ; welcomes that the stock of non-performing loans in banks’ balance sheets has continued to decrease, while differences between different Member States remain high; underlines that banks should keep sufficient capital and liquid assets on hand to cope with the economic repercussions of the Russian war; _________________ 5 ECB, ‘Publication of supervisory data’, accessed 15 December 2022.
Amendment 192 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Notes that banks’ exposures to domestic sovereign debt remain high; recalls that one of the main objectives of the BU is to break the link between bank, in conjunction with unprecedented public financing needs since the Covid crisis; recalls that one of the main objectives of the BU is to break the bank-sovereign doom loop, through which bank failures translate to public debt and sovereign risks;
Amendment 208 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Highlights that banks have a crucial role to play in enabling the transition towards a sustainable economy; calls for the EBA to assess whether the current dedicated prudential treatment of exposures related to assets or liabilities subject to impacts from environmental, and/or social factors should be adjusted; this assesment shall include - the availability and accessibility of reliable and consistent ESG data per exposure class; - the feasibility of introducing a classification system to identify and qualify the exposures, for each exposure class, based on a common set of principles to ESG risk classification; - the effective riskiness of exposures related to assets and activities subject to impacts from environmental and/or social factors compared to the riskiness of other exposure; - the potential short, medium and long- term effects of an adjusted dedicated prudential treatment of exposures related to assets and activities subject to impacts from environmental and/or social factors on financial stability and bank lending in the Union; - the targeted enhancements that could be considered within the current prudential framework and the possible additional and more comprehensive revisions to the framework that should be considered; calls, if appropriate, for the Commission to submit to the European Parliament and to the Council a legislative proposal concerning the inclusion of environmental, social and governance (ESG) risks to be included in the prudential framework;
Amendment 215 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Recalls that as part of its ‘strategy for financing the transition to a sustainable economy’, the Commission pledged to ‘take action to ensure the inclusion of relevant ESG factors in credit ratings’ and looks forward to the upcoming legislative proposal in this area;
Amendment 233 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Notes that crypto-assets create new challenges for banksand opportunities within the financial system; welcomes the forthcoming adoption of the regulation on markets in Crypto-assets in this regard;
Amendment 239 #
16. Notes that crypto-assets create new challenges for banks; welcomes the forthcoming adoption of the regulation on markets in Crypto-assets in this regard; welcomes the recently published Basel prudential standard for banks' exposures to crypto assets, calls for the rapid implementation at EU level of this standard;
Amendment 242 #
Motion for a resolution
Paragraph 16 a (new)
Paragraph 16 a (new)
16 a. Points out the necessity to ensure conformity between horizontal measures and financial market regulation particularly with regard to cyber security and digital policies to avoid duplication and bureaucratic burden;
Amendment 249 #
Motion for a resolution
Paragraph 18
Paragraph 18
18. Welcomes the publication of the resolvability heat map; calls on the SRB to further improve the transparency of its decisions, for instance through the publication of bank by bank analysis on resolvability;
Amendment 253 #
Motion for a resolution
Paragraph 19
Paragraph 19
19. Takes note of the SRB’s work programme for 2023; emphasises that the Single Resolution Fund should be fully filled up and that all banks should be fully resolvable by the end of 2023, including thanks to binding MREL targets; notes that further progress is needed by all banks; encourages the SRB to take coercive measures in order for banks lagging behind to respect their MREL targets, rather than to postpone the binding nature of the requirement;
Amendment 258 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Points out the need to address the loopholes identified in the resolutioncrisis management framework; asks that the public interest assessment be further specified and harmonised, in a way that allows significantly broadening the scope of resolution, in order to foster better crisis preparedness of EU banks as well as less fragmented procedures to handle bank crises; calls for greater harmonisation of the treatment of small and medium-size banks, especially as regards external support by deposit guarantee schemes (DGS); stresses that the resolution framework and State aid rules should be consistent and allow for sufficient market discipline in order to protect taxpayers and erase implicit guarantees;
Amendment 263 #
Motion for a resolution
Paragraph 20
Paragraph 20
20. Points out the need to address the loopholes identified in the resolution framework; asks that the public interest assessment be further specified and harmonised; calls for greater harmonisation of the treatment of small and medium-size banks while taking due account of the specificities in national banking sectors; stresses that the resolution framework and State aid rules should be consistent;
Amendment 266 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Calls on the Commission to put forward an ambitious and comprehensive review of the crisis management and deposit insurance framework; recalls that protecting taxpayer money is one of the main objectives of the resolutioncrisis management framework;
Amendment 276 #
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22 a. Encourages the SRB to move towards a further operationalisation of transfer strategies in resolution, building on existing best practices, for instance in the US or in Member States outside the BU;
Amendment 294 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Acknowledges the progress made regarding the reduction of risks in the banking sector; calls for a risk sharing mechanism through an EDIS, provided that an asset quality review be conducted beforehand and in parallel with further progress on integration both in terms of LSIs supervision and of capital and liquidity waivers, while continuing the risk reduction trend;