10 Amendments of Lídia PEREIRA related to 2022/2061(INI)
Amendment 22 #
Motion for a resolution
Recital A
Recital A
A. whereas the Banking Union (BU) currently consists of the Single Supervisory Mechanism (SSM) and the Single Resolution Mechanism; whereas the establishment and implementation of those two instruments has helped to deepen the Banking Union and contributed to the recovery of the banking sector, in the aftermath of the financial crisis; whereas although the Deposit Guarantee Schemes Directive4 sets out high minimum standards in the area of deposit protection, the BU remains unfinished because the third pillar – the European deposit insurance scheme (EDIS) – has not yet been established, even though a European Parliament-approved mandate for negotiations exists; _________________ 4 Directive 2014/49/EU of the European Parliament and of the Council of 16 April 2014 on deposit guarantee schemes (OJ L 173, 12.6.2014, p. 149).
Amendment 31 #
Motion for a resolution
Recital B
Recital B
B. whereas the BU is open to all EU Member States and is intended to be participated in by all, in line with the objective of extending the single currency to all Member States as laid down in the Treaties, in particular Article 3 of the Treaty on European Union;
Amendment 35 #
Motion for a resolution
Recital C
Recital C
C. whereas the illegal, illegitimate, unjustified and immoral Russian aggression against Ukraine and its economic and social consequences will have a significant direct and indirect impact on the EU banking sector; , which needs to be anticipating by taking practical measures to ensure that European banks, which play a key role in making the European economy more competitive, are resilient;
Amendment 80 #
Motion for a resolution
Recital J a (new)
Recital J a (new)
Ja. whereas the EU banking sector is key to supporting economic recovery, promoting private investment and initiative, ensuring that people have access to credit, and providing liquidity and fluidity in the financial sector, and to an economic environment that fosters employment, innovation and competitiveness;
Amendment 92 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Condemns in the strongest possible terms the illegal, illegitimate, unjustified and immoral Russian aggression against Ukraine and its devastating impact on the Ukrainian people; notes that the Russian invasion has also had social, economic and financial consequences for the EU, including exacerbating inflation trends; notes that banks’ direct exposures to Russia and Ukraine are limited, but that the banking sector may be affected by indirect impacts; emphasises the important role that the banking sector plays in ensuring compliance with the restrictive measures applied to businesses and individuals associated with the Russian regime; and stresses the need to ensure that the European banking sector's exposure to Russia is progressively and significantly reduced;
Amendment 113 #
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 mannerand proportional manner; stresses, in this connection, that the European Parliament has specific positions on its proper implementation;
Amendment 174 #
Motion for a resolution
Paragraph 9
Paragraph 9
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, although at different speeds and to different extents from one Member State to another; 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 197 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Notes that banks’ exposures to domestic sovereign debt remain high, although the picture looks very different from one Member State to another; recalls that one of the main objectives of the BU is to break the link between bank and sovereign risks;
Amendment 237 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Notes that crypto-assets create new challenges for bank, particularly cryptocurrencies, create new challenges for banks; believes that banks should seize the opportunities created by the decentralisation of the financial sector, within a legislative and regulatory framework that should provide stability, security and legal certainty for all market participants; welcomes the forthcoming adoption of the regulation on markets in Crypto-assets in this regard;
Amendment 285 #
Motion for a resolution
Paragraph 23
Paragraph 23
23. Regrets that the BU is still incomplete owing to the absence of an EDIS; recognises that the EDIS would improve protection for depositors in the EU; recalls that the EDIS is the most tangible element of the BU for EU citizens; considers that the EDIS would provide an additional safeguard to host Member States and could therefore contribute to addressing home/host issues; points out that the European Parliament has a clear mandate to negotiate the EDIS and is ready to resume work to conclude it as soon as possible;