7 Amendments of Esther DE LANGE related to 2019/2130(INI)
Amendment 54 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Recalls the progress made regarding the implementation of the Banking Union, namely on risk reduction; stresses, however, that further progress has to be made, particularlyboth on risk sharing and risk reduction;
Amendment 67 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Welcomes the support of the [incoming] President of the European Commission and the President of the ECB for the completion of the Banking Union and, more globally, the Economic and Monetary Union, through for example the creation of a fiscal capacitybudgetary instrument for competitiveness and convergence (BICC), designed to provide the euro area Member States with an adequate stabilisation functionructural reform support;
Amendment 81 #
Motion for a resolution
Paragraph 3
Paragraph 3
3. Welcomes the overall increased resilience of the European banking system, as attested by the EBA’s 2018 Risk Assessment of the European Banking System; urges for a thorough asset quality review (AQR) to enhance transparency regarding banks’ exposures, as part of the risk reduction process;
Amendment 85 #
Motion for a resolution
Paragraph 4
Paragraph 4
4. Notes that bank profitability has increased steadily since 2012, with return on equity surpassing 6 % since 2017; underlines that the low risk and low interest rate environment has resulted in lower costs for provisions and losseUnderlines that the deteriorating economic outlook and low interest rate environment put a serious constraint on bank profitability, which is of concern for financial stability, as it hampers banks' ability to build capital buffers against unexpected shocks; recalls the need to continuously evaluate the levels of financing to the economy and particularly to SMEs;
Amendment 112 #
Motion for a resolution
Paragraph 6
Paragraph 6
6. Restates the importance of a safe assetto revise the regulatory treatment of sovereign exposures (RTSE) in the euro area as a way to help stabilise financial markets and allow banks to reduce the exposure of their balance sheets to national sovereign debt; calls on the Commission to submit a legislative proposal for the creation of a true European safe asset;
Amendment 155 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Notes that the ratio of non- performing loans (NPLs) held by significant institutions has fallen by more than half from the start of ECB banking supervision, in November 2014, to June 2019; however, notes that the stock of NPLs is still very high in certain Member States; underlines the need to protect customers’ rights in the context of NPL transactions;
Amendment 270 #
Motion for a resolution
Paragraph 22
Paragraph 22
22. Urges the completion of the Banking Union through the creation of a fully mutualisedn EDIS, to protect depositors against banking disruptions and to ensure confidence among depositors and investors across the Banking Union and thus notes that reducing risks will be an essential element going forward; welcomes the support of the [incoming] President of the Commission and the President of the ECB for the establishment of an EDIS;