17 Amendments of Danuta Maria HÜBNER related to 2016/2032(INI)
Amendment 9 #
Motion for a resolution
Recital -A (new)
Recital -A (new)
-A. whereas no single express definition of SMEs, other than the categorisations "small undertakings" and "medium-sized undertakings" under the Accounting Directive, is currently stated in the legislation of the Union;
Amendment 13 #
Motion for a resolution
Recital A
Recital A
A. whereas SMEs and mid-caps play an important role for the European economy in terms of employment and growth;, with SMEs accounting for 67% of total employment, 71.4% of the increase in employment and 58% of the value added in the non-financial business sector in the EU in 20141a; __________________ 1a Commission annual report on European SMEs 2014/2015
Amendment 15 #
Motion for a resolution
Recital B
Recital B
B. whereas SME financing, despite having recently registered some improvement, suffered more from the crisis than the financing of large enterprises; and whereas SMEs in the euro area have experienced and still continue to some extent to face a tightening in bank's collateral requirements1a; __________________ 1aECB survey on the Access to Finance of Enterprises in the euro area – April to September 2015
Amendment 23 #
Motion for a resolution
Recital B a (new)
Recital B a (new)
Ba. whereas the availability of funding for SMEs differs across countries in the euro area2b; __________________ 2bECB survey on the Access to Finance of Enterprises in the euro area – April to September 2015
Amendment 39 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Acknowledges the diversity of SMEs and mid-caps in the Member States, which is reflected in their business models, size, stages of development, financial structure and legal form; notes that such diversity warrants a diversified and tailor-made approach in terms of regulation and in terms of initiatives to be supported;
Amendment 94 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. Acknowledges that bank lending is traditionally the most important external financing source for SMEs; underlines the important role of banks with in the Union, as bank funding accounts for over three quarters of SME financing in the Union, compared with under a half in the US; underlines the important role of banks in providing funding to SMEs due to their specific regional and local knowledge and their long-term relationship with SMEthese companies;
Amendment 106 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Reiterates that it is primordial to enhance the SME lending capacity of bankability of banks to lend to SMEs; points out that financing by capital markets alone will not succeed in providing sufficient funding and appropriate financing solutions for SMEs;
Amendment 138 #
Motion for a resolution
Paragraph 14
Paragraph 14
14. NotWelcomes the various ongoing initiatives to improve the availability of standardised and transparent SME credit information; stresse, which have the potential to enhance investors' confidence; stresses nevertheless the need to apply the principle of proportionality when requesting such credit information so as not to overburden SMEs;
Amendment 139 #
Motion for a resolution
Paragraph 14 a (new)
Paragraph 14 a (new)
14a. Recalls that the diversity and specific needs and characteristics of SMEs require adequate knowledge and expertise within banks in order for them to properly assess and deal with this category of companies; notes that such expertise might too often be lacking; takes the view that the knowledge and awareness of SMEs' particularities within the banking community should be enhanced;
Amendment 140 #
Motion for a resolution
Paragraph 14 b (new)
Paragraph 14 b (new)
14b. Stresses that a costless way for banks to provide support to SMEs in their search for funding is through the information and advice they provide to investors, for instance through signalling and advising adequate investments in SMEs to relevant private investors;
Amendment 149 #
Motion for a resolution
Paragraph 17 a (new)
Paragraph 17 a (new)
17a. Notes that credit ratings are an important and sometimes determining element of investment decisions; draws attention to the existence in some Member States of In-house Credit Assessment Systems (ICAS) managed by the national central banks in order to assess the eligibility of collateral and which enable SMEs to obtain an assessment of their creditworthiness; calls on the Commission, the ECB and national central banks to further investigate whether and how these systems can be used in order to help SMEs access capital markets;
Amendment 152 #
Motion for a resolution
Paragraph 18 a (new)
Paragraph 18 a (new)
18a. Draws attention to the potential offered by structures associating banks and non-bank actors in order to provide support to SMEs, such as partnerships between banks and institutional investors or dedicated off-balance sheet "business growth funds";
Amendment 183 #
Motion for a resolution
Paragraph 21
Paragraph 21
21. Recalls the sizeable cost for SMEs to access capital markets; stresses the need for a proportionate regulation, with less complex and burdensome disclosure and listing requirements for SMEs; welcomes in this respect the introduction of a minimum disclosure regime for SMEs in the currently discussed Commission proposal for a new Prospectus regulation;
Amendment 198 #
Motion for a resolution
Paragraph 22 a (new)
Paragraph 22 a (new)
22a. Recalls that accounting standards are crucial inasmuch as they frame the way information is provided to supervisors and investors and inasmuch as the administrative burden imposed on companies differs depending on the accounting standards applying; takes note of the ongoing discussions on the expediency of designing specific common accounting standards for SMEs and looks forward to further reflections being conducted on this issue;
Amendment 214 #
Motion for a resolution
Paragraph 24 a (new)
Paragraph 24 a (new)
24a. Notes that the heterogeneity of national insolvency legislation and the related legal uncertainty constitute one of the barriers to cross-border investment in SMEs and start-ups, as more risk of failure is involved in this type of investment; welcomes therefore the decision of the Commission to address this issue through a legislative proposal, as stated in its Action Plan on a Capital Markets Union, and looks forward to this future proposal;
Amendment 221 #
Motion for a resolution
Paragraph 25
Paragraph 25
25. Welcomes the Commission’s proposals for a framework for simple, transparent and standardised (STS) securitisation and thfor a more risk-sensitive calibration of the prudential requirements for banks' exposures to securitisation; notes the possible effeimpacts of SME securitisation for bank lending tothese proposals on bank lending to and investment in SMEs;
Amendment 230 #
Motion for a resolution
Paragraph 27
Paragraph 27
27. Underlines the importancenfluence of the design of corporate and income taxation structures for the internal financing capacity of SMEs;