17 Amendments of Roberts ZĪLE related to 2018/2100(INI)
Amendment 13 #
Motion for a resolution
Recital A
Recital A
A. whereas entrusting the ECB with the prudential supervision of financial institutions has proven to be successful; whereas the ECB currently lacks the investigative powers to uncover breaches of anti-money laundering; whereas some directly-supervised financial institutions have been actively facilitating money laundering;
Amendment 19 #
Motion for a resolution
Recital A a (new)
Recital A a (new)
Aa. whereas prudential and anti- money laundering supervision cannot be treated as separate;
Amendment 23 #
Motion for a resolution
Recital B
Recital B
B. whereas the role and capacity of the EBA needs to be significantly strengthened in order to effectively implement anti-money laundering measures and common framework; whereas the role and functions of national regulators and Financial Intelligence Units (FIUs) level cannot be effectively replaced by a single EU body; whereas cooperation between the national supervisors, FIUs and EBA is key in order to help prevent systemic money- laundering problems at the national and the EU level;
Amendment 41 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Takes note of the achievements of the Banking Union in helping to fostering a truly single market, a level playing field and increased predictability for market actors; considers that a fully completed Banking Union will help to further strengthen financial stability and growth prospects in the EU;
Amendment 47 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Stresses the importance of completing the capital markets union, which will help to channel credit into the real economy, further enable private risk sharing, reduce the need for public risk- sharing and complement funding through banks;
Amendment 53 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Considers that one of the aims of the Banking Union should be to preserve the diversity of EU banking models that are sustainable, lawful, non-corrupt and well-functioning, as this enables the requirements of citizens and of their projects to be met, as well as acting as a diversification tool, a key feature to cope with potential shocks;
Amendment 57 #
Motion for a resolution
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Deplores those financial institutions and the related banking models which have actively facilitated, or prevented putting a stop to, systemic money laundering;
Amendment 61 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Recalls the need for a coherent set of rules for the proper functioning of the Banking Union; calls on the Commission to prioritise regulations over directives as the legislative tool for the Banking Union and to make it a priority to fully ensure that all relevant legislation is fully and correctly implemented in all Member States; calls on the Commission, in cooperation with the European supervisory authorities, to identify and remove obstacles to the internal market;
Amendment 67 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Takes note of the ECB’s recent ‘failing or likely to fail’ assessments, carried out in 2018; is deeply concerned that in one episode such assessment was countered by a national court; notes that some of these cases raised issues concerning the enforcement of anti-money laundering rules in the Banking Union; underlines the urgent need for a common EU approach in this regard with clearly assigned powers;
Amendment 71 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Believes that prudential and anti- money laundering supervision are equally important; calls for a unified approach towards prudential and anti-money laundering supervisions;
Amendment 73 #
Motion for a resolution
Paragraph 6 b (new)
Paragraph 6 b (new)
6b. Notes that some financial institutions directly supervised by the ECB have been actively facilitating money laundering;
Amendment 77 #
Motion for a resolution
Paragraph 7
Paragraph 7
7. Notes the results of the EBA’s EU- wide stress test; believes that stress tests should be interpreted in combination with other on-going supervisory monitoring activities;, and that fulfilment of prudential requirements by financial institutions with risky and often questionable business models may not necessarily prevent them from encountering other problems in the near future that can quickly lead to liquidity and solvency problems, as witnessed in the recent past.
Amendment 94 #
Motion for a resolution
Paragraph 10
Paragraph 10
10. Welcomes the Commission proposal to reinforce the role of the EBA in anti-money laundering supervision in the financial sector; calls on the co-legislators adopt the proposal without undue delay; notes, however, that the role and responsibilities of national supervisors and Financial Intelligence Units (FIUs) cannot be replaced by a single EU body; stresses the importance of cooperation between national supervisors, FIUs and EBA in order to help prevent systemic money-laundering problems at the national as well as the EU level;
Amendment 111 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Takes note of the on-going negotiations on the NPL package; strongly warns against weakening the Commission proposals, as this would jeopardise the overarching goal of risk reduction and hinder efforts to complete the Banking Union; welcomes the ECB addendum on NPLs and the work of the EBA on guidelines on management of non- performing and forborne exposures; welcomes the reduction in volume of NPLs over the past years; stresses that the risk to financial stability posed by NPLs is still significant; agrees with the Commission that the primary responsibility for reducing NPLs lies with the Member States, notably through efficient insolvency laws, and banks themselves;
Amendment 123 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. Takes note of the on-going negotiations on the European System of Financial Supervision (ESFS); believes that a single market needssupervision at the national level needs to be complemented by appropriate supervisory powers at the EU level;
Amendment 131 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Remains concerned about the spread of shadow banking in the EU; recalls that the problem needs to be addressed at bothnational, EU and global level in order to ensure fair competition, transparency and financial stability; calls on the Commission to urgently identify remaining gaps in the current regulations;
Amendment 186 #
Motion for a resolution
Paragraph 24
Paragraph 24
24. Instructs its President to forward this resolution to the Council, the Commission, the ECB and the EBABA, the ECB, the SRB, the national parliaments and the competent authorities as defined in point (40) of Article 4(1) of Regulation (EU) No 575/2013.