8 Amendments of Danuta Maria HÜBNER related to 2015/2221(INI)
Amendment 181 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Welcomes the publication by the ECB of a draft regulation aiming at closing around 35 national options and discretions under the EU banking regulatory framework as well as of a draft guide to help JSTs make decisions in a more consistent manner in the areas covered by the other options and discretions identified; considers this to be a significant step towards a genuinely European banking supervision; looks forward to the outcome of the public consultation launched by the ECB on these two draft texts as well as to the outcome of the work to be conducted on the options for which further assessment has been deemed necessary;
Amendment 188 #
Motion for a resolution
Paragraph 19 a (new)
Paragraph 19 a (new)
19a. Is of the opinion that setting limits to large exposures to sovereign risk and/or assigning a non-zero risk weight to government debt could contribute to breaking the "doom loop" between banks and sovereigns; calls therefore on the EBA, the SSM and the Commission to reflect and conduct research so as to determine whether and how such rules could be introduced without reducing available funding for the more fragile States and/or creating unintended market distortions;
Amendment 215 #
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24a. Recalls that public audit is an integral part of the mechanisms to ensure the accountability of institutions to citizens; takes therefore note with some concern of the statement published last June by the Contact Committee of the Heads of the Supreme Audit Institutions of the European Union and the European Court of Auditors (ECA), which warns against the emergence of audit gaps due to the transfer of supervisory tasks from national authorities to the SSM in a context where the audit mandate of the ECA over the ECB acting as a supervisor is less comprehensive than these of national audit institutions over national supervisors; recommends accordingly that consideration be given to strengthening the audit mandate of the ECA;
Amendment 262 #
Motion for a resolution
Paragraph 35
Paragraph 35
35. Calls on Member States to fully and swiftly implement the Bank Recovery and Resolution Directive (BRRD) and the intergovernmental agreement (IGA) on transfer and mutualisation of contributions to the Single Resolution Fund; regrets the decision to set up the fund through an IGA rather than through Union lawwelcomes the ratification of the Agreement of a sufficient number of countries by the deadline of 30 November 2015, which will enable the SRM to start operating as planned; regrets nevertheless the decision to set up the fund through an IGA rather than through Union law and calls on the Commission to take the necessary steps, in accordance with Article 16 of the Agreement, to incorporate the substance of this text into the legal framework of the Union, and to act as promptly as possible on that matter;
Amendment 272 #
Motion for a resolution
Paragraph 35 a (new)
Paragraph 35 a (new)
35a. Is concerned that, due to the way the BRRD has been implemented in some Member States, some banks appear to have been required to contribute to the resolution financing arrangements of both their home country and the countries where their branches are established; calls on Member States to consider granting some form of financial assistance, possibly in the form of tax relief, to banks in this situation;
Amendment 282 #
Motion for a resolution
Paragraph 36
Paragraph 36
36. Stresses the need, as a consequence of the existence of the national compartments in the SRF, to rapidly put in place an adequate bridge financing mechanism in order to provide the fund, if necessary, with sufficient resources in the period before its completion; recalls that the Eurogroup and the Ecofin ministers identified, in their statement of 18 December 2013, the possibility of having recourse to both national sources and the European Stability Mechanism (ESM), and considers the latter the most effective, logical and credible solution, which could be implemented; calls for further clarification of the conditions under which direct recapitalisation of a bank by the ESM, without going through a loan to the national government, would be possible under the current framework and for reflection on the changes necessary in order to turn the ESM into a genuine fiscal backstop, either through a swift revision of the ESM treaty or through appropriate implementation of the provisions of Article 13 thereof;
Amendment 313 #
Motion for a resolution
Paragraph 38 a (new)
Paragraph 38 a (new)
38a. Stresses that emergency liquidity assistance (ELA) is an essential instrument to safeguard the stability of the financial system by preventing liquidity crises from turning into solvency crises; notes that the responsibility for its provision has not yet been fully transferred to the euro area level; considers such transfer as a further means to address the negative bank - sovereign feedback loop; calls accordingly for full responsibility for decisions on ELA provision to be given to the ECB;
Amendment 331 #
Motion for a resolution
Paragraph 40
Paragraph 40
40. Welcomes the Commission’s announcement regarding the presentation of a legislative proposal for the first steps towards a European Deposit Insurance Scheme (EDIS) by establishing a reinsurance mechanism at EU level for the national deposit guarantee schemeslegislative proposal aiming at establishing a Deposit Insurance Scheme (EDIS) in three steps: reinsurance, coinsurance and full insurance; welcomes the gradual approach taken and looks forward to the implementation of the new mechanism;