7 Amendments of Anna HEDH related to 2016/0182(COD)
Amendment 25 #
Proposal for a regulation
Recital 7
Recital 7
(7) The evaluation of the pilot project and the subsequent preparatory action carried out in 2015 concluded that the policy objectives have been generally achieved. Finance Watch and Better Finance have been working on complementary policy areas and targeted different audiences. Together they have covered, through their activities, most of the Union financial political agenda since 2012. Both organizations have successfully worked, as much as their resources have allowed, to expand their activity in order to have wide geographical coverage within the EU.
Amendment 29 #
Proposal for a regulation
Recital 8
Recital 8
(8) Both organisations provided added value both to the sum of activities of their national members and to Union consumers in a way that national consumer advocacy groups were unable to deliver. National organisations dealing with all kinds of consumers' issues lack technical expertise in policy areas related to financial services and the related European policy-making process. In addition, no other similar organisations have been identified at Union level so far. The evaluation also showed that no other applicant responded to the successive yearly calls for proposal since 2012, which tends to shows that no other organisation is currently able to carry out similar Union- wide activities.
Amendment 30 #
Proposal for a regulation
Recital 9
Recital 9
(9) However, despite regular efforts, both organisations did not manage to attract stable and significant funding from other donors, independent from the financial industry, and, therefore, remain heavily dependent on Union funding. Co- funding from the Union is therefore necessary to ensure the resources needed to achieve the desired policy objectives in the coming years, providing financial stability to those organisations and their experts and administrative staff who have so far managed to start-up their relevant activities in a short period of time. It is therefore necessary to establish a Union programme for the period 2017-2020 to support the activities of Finance Watch and Better Finance ('Programme'). Financial stability is of key importance to preserve the expertise, as well as for project planning for both organizations.
Amendment 36 #
Proposal for a regulation
Article 1 – paragraph 2 – point b
Article 1 – paragraph 2 – point b
(b) awareness, research and dissemination activities, including to a wide audience of non-experts;
Amendment 46 #
Proposal for a regulation
Article 3 – paragraph 1
Article 3 – paragraph 1
1. Finance Watch and Better Finance, as the only organizations able to carry out objectives set out in Article 2, shall be beneficiaries of the Programme (‘beneficiaries’).
Amendment 49 #
Proposal for a regulation
Article 3 – paragraph 2
Article 3 – paragraph 2
2. In order to benefit from the Programme, these beneficiaries shall remain non-governmental, non-profit- making legal entities, independent of industry, commerce or business. They shall have no other conflicting interests and represent through their members the interests of Union consumers and other end-users in the field of financial services. They should liaise with national consumer organisations working on financial services, where they exist and in line with their resources. The Commission shall ensure continued compliance with these criteria for the duration of the Programme by including them in the annual work programmes referred to in Article 7 and by assessing annually whether the beneficiaries meet these criteria before awarding the action grants referred to in Article 4.
Amendment 61 #
Proposal for a regulation
Article 9 – paragraph 1
Article 9 – paragraph 1
1. No later than twelve months before the end of the Programme, the Commission shall submit to the European Parliament and the Council an evaluation report on the achievement of the Programme's objectives. That report shall appraise the overall relevance and added value of the Programme, the effectiveness and efficiency of its execution, the adequacy of the funding against the tasks identified in this regulation and the overall and individual effectiveness of the beneficiaries' performance in terms of achievements of the objectives set out in Article 2.