Activities of Antolín SÁNCHEZ PRESEDO related to 2007/2201(INI)
Plenary speeches (1)
Competition: Sector inquiry on retail banking - Retail Financial Services in the Single Market (debate)
Amendments (5)
Amendment 2 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. considering the essential role played by retail banks in passing on, as appropriate, monetary policy conditions to the market, particularly to SMEs and consumers,
Amendment 6 #
Motion for a resolution
Recital E a (new)
Recital E a (new)
Ea. Whereas the diversity of legal models and business objectives of the financial entities in the retail banking sector (banks, savings banks, cooperatives, etc) is a fundamental asset to the European economy which enriches the sector, corresponds to the pluralist structure of the market and helps to increase competition in the internal market,
Amendment 8 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Supports the integrated approach of the Commission consisting of supporting internal market policies with well-targeted sector inquiries; regrets nevertheless that there has been no examination of how monetary policy conditions are passed on to the retail market and the timing of this sector inquiry and encourages the Commission to follow up its work once the Capital Adequacy Directive, the Single European Payment Area (SEPA), the Payment Services Directives and the Consumer Credit Directive will have demonstrated their effects in practice;
Amendment 68 #
Motion for a resolution
Paragraph 12
Paragraph 12
12. Is of the opinion that decentralised banking networks such as for example some saving and cooperative banks guarantee the continuity of financial markets even in smaller and remote markets; stresses that pluralistic banking markets and diversity of providers enhance competition throughout the EU banking market while ensuring the financing of the local economy and facilitating access to financial services for all customers;
Amendment 70 #
Motion for a resolution
Paragraph 12 a (new)
Paragraph 12 a (new)
12a. Maintains that non-discriminatory cooperation between independent credit entities, which as they are still competing with each other is more efficient and ensures greater interoperability and variety of services to the end customers, can help the sector to function and contribute to achieving the objectives of paragraph 12;