2 Amendments of Othmar KARAS related to 2023/0205(COD)
Amendment 196 #
Proposal for a regulation
Recital 23
Recital 23
(23) To ensure proportionality, certain financial institutions are out of the scope of this Regulation for reasons associated with their size or the services they provide, which would make it too difficult to comply with this regulation. These include institutions for occupational retirement provision which operate pension schemes which together do not have more than 15 members in total, as well as insurance intermediaries who are microenterprises or small or medium-sized enterprises. In addition, small or medium-sized enterprises acting as data holders that are within the scope of this Regulation should be allowed to establish an application programming interface jointly, reducing the costs for each of them. They can also avail themselves of external technology providers which run application programming interfaces in a pooled manner for financial institutions and may charge them only a low fixed usage fee and work largely on a pay-per-call basis. Small enterprises should only fall into the scope of this Regulation 12 months after the date of application of this Regulation, due to potentially limited supply and/or high costs of these solutions in the short term.
Amendment 273 #
Proposal for a regulation
Article 2 – paragraph 3
Article 2 – paragraph 3
3. This Regulation shall apply to small enterprises as defined in Recommendation 2003/361/EC by [OP please insert the date 12 months after the date of application of this Regulation], and shall not apply to the entities referred to in Article 2(3), points (a) to (e), of Regulation (EU) 2022/2554.