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24 Amendments of Michael KAUCH related to 2023/0212(COD)

Amendment 220 #
Proposal for a regulation
Recital 71
(71) The digital euro should therefore be designed so as to minimise the processing of personal data by payment service providers and by the European Central Bank to what is necessary to ensure the proper functioning of the digital euro. The digital euro should be available offline, with a level of privacy vis a vis payment service providers which is comparable to withdrawals of banknotes at automatic teller machines. The settlement of digital euro transactions should be designed in such a way that neither the European Central Bank nor national central banks can attribute data to an identified or identifiable digital euro user. Payments with the digital euro should have a level of privacy vis-á-vis the payment service provider that is comparable to that for cash withdrawals from ATMs.
2024/02/21
Committee: ECON
Amendment 220 #
Proposal for a regulation
Recital 71
(71) The digital euro should therefore be designed so as to minimise the processing of personal data by payment service providers and by the European Central Bank to what is necessary to ensure the proper functioning of the digital euro. The digital euro should be available offline, with a level of privacy vis a vis payment service providers which is comparable to withdrawals of banknotes at automatic teller machines. The settlement of digital euro transactions should be designed in such a way that neither the European Central Bank nor national central banks can attribute data to an identified or identifiable digital euro user. Payments with the digital euro should have a level of privacy vis-á-vis the payment service provider that is comparable to that for cash withdrawals from ATMs.
2024/02/21
Committee: ECON
Amendment 253 #
Proposal for a regulation
Article 2 – paragraph 1 – point 15
15. ‘offline digital euro payment transaction’ means a digital euro payment transaction, made in physical proximity, where authorisation and settlement take place exclusively in the local storage devices of both payer and payee;
2024/02/21
Committee: ECON
Amendment 253 #
Proposal for a regulation
Article 2 – paragraph 1 – point 15
15. ‘offline digital euro payment transaction’ means a digital euro payment transaction, made in physical proximity, where authorisation and settlement take place exclusively in the local storage devices of both payer and payee;
2024/02/21
Committee: ECON
Amendment 293 #
Proposal for a regulation
Article 7 – paragraph 1
(1) The digital euro - in addition to cash - shall have legal tender status.
2024/02/21
Committee: ECON
Amendment 293 #
Proposal for a regulation
Article 7 – paragraph 1
(1) The digital euro - in addition to cash - shall have legal tender status.
2024/02/21
Committee: ECON
Amendment 334 #
Proposal for a regulation
Article 13 – paragraph 4 – subparagraph 2
For the purpose of points (a) and (b), and upon explicit prior approval by the respective individual digital euro users, payment service providers shall link each digital euro payment account to a single non-digital euro payment account designated by the digital euro users. Digital euro users shall be allowed to have that designated non-digital euro payment account with a different payment service provider than the one where a given digital euro payment account is held.
2024/02/21
Committee: ECON
Amendment 334 #
Proposal for a regulation
Article 13 – paragraph 4 – subparagraph 2
For the purpose of points (a) and (b), and upon explicit prior approval by the respective individual digital euro users, payment service providers shall link each digital euro payment account to a single non-digital euro payment account designated by the digital euro users. Digital euro users shall be allowed to have that designated non-digital euro payment account with a different payment service provider than the one where a given digital euro payment account is held.
2024/02/21
Committee: ECON
Amendment 361 #
Proposal for a regulation
Article 14 – paragraph 3 – point b
(b) provide basic digital payment services and provide digital inclusion support provided face-to-face in physical proximity to persons with disabilities, functional limitations or limited digital skills, and elderly peopl regardless of their age.
2024/02/21
Committee: ECON
Amendment 361 #
Proposal for a regulation
Article 14 – paragraph 3 – point b
(b) provide basic digital payment services and provide digital inclusion support provided face-to-face in physical proximity to persons with disabilities, functional limitations or limited digital skills, and elderly peopl regardless of their age.
2024/02/21
Committee: ECON
Amendment 434 #
Proposal for a regulation
Article 17 – paragraph 1
1. For the purpose of Article 15(2), without prejudice to any possible fees charged on other digital euro payment services, payment services providers shall not charge fees to natural persons as referred to in Article 13(1), points (a), (b) and (c), for the provision of the basic digital euro payment services referred to in Annex 2, (a) to (c) and (e) to (g). For the purpose of Annex II, point (d), payment service providers may charge a reasonable fee. For natural persons which also hold a non-digital euro payment account with the same payment service provider, this reasonable fee shall not be higher than the lowest fee charged by PSPs to that natural person for cash deposit/withdrawal services connected to the non-digital euro payment account.
2024/02/21
Committee: ECON
Amendment 434 #
Proposal for a regulation
Article 17 – paragraph 1
1. For the purpose of Article 15(2), without prejudice to any possible fees charged on other digital euro payment services, payment services providers shall not charge fees to natural persons as referred to in Article 13(1), points (a), (b) and (c), for the provision of the basic digital euro payment services referred to in Annex 2, (a) to (c) and (e) to (g). For the purpose of Annex II, point (d), payment service providers may charge a reasonable fee. For natural persons which also hold a non-digital euro payment account with the same payment service provider, this reasonable fee shall not be higher than the lowest fee charged by PSPs to that natural person for cash deposit/withdrawal services connected to the non-digital euro payment account.
2024/02/21
Committee: ECON
Amendment 562 #
Proposal for a regulation
Article 28 – paragraph 2
2. Front-end services provided by the European Central bank referred to in paragraph 1, point (b), shall not provide for customer relationships, that shall solely be provided by payment service providers in their role in the digital euro distribution as laid down in Article 13 and under Directive 2015/2366. The European Central Bank shall not have access to any personal data in relation to the front-end services developed by the European Central Bank and used by the payment services providers. To that extent, the European Central Bank shall ensure that any front- end services it develops are implementable by payment service providers and usable by digital euro users without requiring any transfer of personal data to the European Central Bank or intermediary services provided by the European Central Bank.
2024/02/21
Committee: ECON
Amendment 562 #
Proposal for a regulation
Article 28 – paragraph 2
2. Front-end services provided by the European Central bank referred to in paragraph 1, point (b), shall not provide for customer relationships, that shall solely be provided by payment service providers in their role in the digital euro distribution as laid down in Article 13 and under Directive 2015/2366. The European Central Bank shall not have access to any personal data in relation to the front-end services developed by the European Central Bank and used by the payment services providers. To that extent, the European Central Bank shall ensure that any front- end services it develops are implementable by payment service providers and usable by digital euro users without requiring any transfer of personal data to the European Central Bank or intermediary services provided by the European Central Bank.
2024/02/21
Committee: ECON
Amendment 578 #
Proposal for a regulation
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.
2024/02/21
Committee: ECON
Amendment 578 #
Proposal for a regulation
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.
2024/02/21
Committee: ECON
Amendment 604 #
Proposal for a regulation
Article 34 – paragraph 3 – subparagraph 1
The Commission is empowered to adopt delegated acts in accordance with Article 38 to update the types of personal data listed in Annex III.
2024/02/21
Committee: ECON
Amendment 604 #
Proposal for a regulation
Article 34 – paragraph 3 – subparagraph 1
The Commission is empowered to adopt delegated acts in accordance with Article 38 to update the types of personal data listed in Annex III.
2024/02/21
Committee: ECON
Amendment 612 #
Proposal for a regulation
Article 35 – paragraph 3
3. The Commission is empowered to adopt delegated acts in accordance with Article 38 to update the types of personal data listed in Annex IV.
2024/02/21
Committee: ECON
Amendment 612 #
Proposal for a regulation
Article 35 – paragraph 3
3. The Commission is empowered to adopt delegated acts in accordance with Article 38 to update the types of personal data listed in Annex IV.
2024/02/21
Committee: ECON
Amendment 623 #
Proposal for a regulation
Article 36 – paragraph 3
3. The Commission is empowered to adopt delegated acts in accordance with Article 38 to update the types of personal data listed in Annex V.
2024/02/21
Committee: ECON
Amendment 623 #
Proposal for a regulation
Article 36 – paragraph 3
3. The Commission is empowered to adopt delegated acts in accordance with Article 38 to update the types of personal data listed in Annex V.
2024/02/21
Committee: ECON
Amendment 636 #
Proposal for a regulation
Article 37 – paragraph 2
2. Transaction data shall not be collected or retained by payment service providers or by the European central banks and the national central banks.
2024/02/21
Committee: ECON
Amendment 636 #
Proposal for a regulation
Article 37 – paragraph 2
2. Transaction data shall not be collected or retained by payment service providers or by the European central banks and the national central banks.
2024/02/21
Committee: ECON