3 Amendments of Danuta Maria HÜBNER related to 2015/2326(INI)
Amendment 34 #
Draft opinion
Paragraph 5
Paragraph 5
5. Points out that in 2014 only 10 of the 157 main recommendations made to Member States in the framework of the European Semester were fully implemented or showed substantial progress4 ; calls, in this context, for following the recommendations made on the European Semester in the Five presidents' report on deepening the EMU, that is: more concrete and ambitious Country-Specific Recommendations and a clearer focus on defined priorities while leaving the necessary room for manoeuvre to Member States in the implementation of CSRs, as well as a more systematic use of reporting, peer review and "comply-or-explain" approach in order to ensure proper implementation; __________________ 4 Success rate of around 6.5%: Zsolt Darvas and Alvaro Leandro, ‘The Limitations of Policy Coordination in the Euro Area under the European Semester’, Bruegel, November 2015.
Amendment 55 #
Draft opinion
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Notes with disappointment that, due to the inability of ESMA and of the Commission to draft and adopt the necessary level 2 measures within the timeframe that was set, the Commission has found it necessary to propose delaying by one year the entry into force of the Markets in Financial Instruments Directive (MIFID II) and of its accompanying regulation, MIFIR, as well as to similarly delay the implementation of some provisions within the Market Abuse Regulation (MAR) and the Central Securities Depositories Regulation (CSDR);
Amendment 60 #
Draft opinion
Paragraph 9
Paragraph 9
9. Believes that the Commission should propose more regulations and fewer directives in order to ensure a level playing field among the Member States vis-à-vis legislation; welcomes in this respect the decisions taken to move some provisions of the Markets in Financial Instruments Directive (MiFiD) to a regulation and to replace the Market Abuse Directive (MAD) by a regulation; also welcomes the current proposal to replace the Prospectus Directive by a regulation;