15 Amendments of Herbert DORFMANN related to 2012/2151(INI)
Amendment 236 #
Motion for a resolution
Recital AM
Recital AM
AM. whereas the Union would benefit from proposals that introduce a single European supervisory mechanism for financial institutions, a single European deposit guarantee scheme and a singleframework and a European recovery and resolution scheme;
Amendment 244 #
Motion for a resolution
Recital AN
Recital AN
Amendment 264 #
Motion for a resolution
Recital AR
Recital AR
AR. whereas a clear division of operational responsibilities should be agreed between a European supervisory mechanism and the national supervisory authorities, depending on the size and nature of banks and the nature of the supervisory tasks, in application of the principles of proportionality and subsidiarity;
Amendment 316 #
Motion for a resolution
Recital BB
Recital BB
BB. whereas a single set of rules (single rule book), to be developed by EBAthe concept of a single rule book should not imply that one size of measures fits all; whereas a single set of rules (single rule book), to be developed by EBA, within the bounds of the principle of subsidiarity and the principle of proportionality, should ensure fully harmonised rules and their uniform application across the Union; whereas the completion of the single rule book on banking supervision and prudential requirements is a precondition for the effective functioning of the single supervisory mechanism, since the European supervisor cannot work with different national prudential rules;
Amendment 328 #
Motion for a resolution
Recital BD
Recital BD
BD. whereas deposit guarantee schemes, considered though their various institutional forms (paybox, risk manager, risk minimiser or IPS), have played an important role during the financial crisis to protect the assets of depositors, maintain financial stability, avoid bank runs and re- gain depositor confidence;
Amendment 345 #
Motion for a resolution
Recital BG
Recital BG
BG. whereas the introduction of a single European deposit guarantee fund shcould be the ultimate goalvery long-term goal once an effective resolution scheme and an effective supervisory mechanism are working, further increasing the credibility of the scheme; the development of a similar scheme is justified considering the introduction of a European structure for prudential supervision and a European recovery and resolution framework;
Amendment 354 #
Motion for a resolution
Recital BH
Recital BH
BH. whereas a single deposit guarantee schemeframework should cover all banks within the countries included in the system in order to guarantee a level playing field and avoid deposit flight from uncovered to covered financial institutions;
Amendment 392 #
Motion for a resolution
Recital BO
Recital BO
BO. whereas progress also must be made to create a single European recovery and resolution fund which is essential to guarantee at all times the stability of the financial system and to manage the resolution of financial institutions, whatever their size or nature, while safeguarding public finances; whereas it should be taken into account that certain specific banking sectors have already implemented recovery and resolution tools, with no reliance on or support from public finances and that such approach should be recognised, promoted and articulated within the single recovery and resolution scheme;
Amendment 535 #
Motion for a resolution
Recital CH
Recital CH
CH. whereas the instrument of enhanced cooperation should be used more frequently in the field of taxation; whereas reference can be made to the European Parliament's position on the common consolidated corporate tax base (CCCTB) and the financial transactions tax (FTT), considering the type and the specific nature of enterprises concerned by the application of a CCCTB;
Amendment 661 #
Motion for a resolution
Annex – part 1 – point 1.1 – paragraph 9 – indent 1
Annex – part 1 – point 1.1 – paragraph 9 – indent 1
- supervise all financial institutions within the countries included in the system but with a clear division of operational responsibilities between the European and national supervisors depending on the size and nature of banks and the nature of the supervisory tasks, taking into account markets’ and institutional forms’ diversity among intermediaries;
Amendment 670 #
Motion for a resolution
Annex – part 1 – point 1.1 – paragraph 9 – indent 3
Annex – part 1 – point 1.1 – paragraph 9 – indent 3
– protect the stability of the financial system, the transparency of markets and financial products and the protection of depositors and investors, taking into account markets’ and institutional forms’ diversity;
Amendment 675 #
Motion for a resolution
Annex – part 1 – point 1.1 – paragraph 9 – indent 4
Annex – part 1 – point 1.1 – paragraph 9 – indent 4
– prevent regulatory arbitrage and guarantee a level playing field, however taking into due account that a single rule book should not translate into one size fits all measures;
Amendment 697 #
Motion for a resolution
Annex – part 1 – Point 1.2 – paragraph 2
Annex – part 1 – Point 1.2 – paragraph 2
The proposal should create a single European deposit guarantee fund (EDGF) and ensure that the level of funds available at Union level are adequate to provide a high level of protection to eligible deposits, taking into account the diversity of institutional forms of deposit guarantee schemes (paybox, risk manager, risk minimize or IPS). The EDGF should cover all banks in order to guarantee a level playing field and avoid deposit flight from uncovered to covered financial institutions. However, since at least three models of deposit guarantee schemes exist, the proposal should carefully consider which one to select.
Amendment 722 #
Motion for a resolution
Annex – part 1 – point 1.3 – paragraph 1
Annex – part 1 – point 1.3 – paragraph 1
The legislative act to be adopted should update and supplement the current proposal for a directive establishing a framework for the recovery and resolution of credit institutions and investment firms in order to create a European scheme for the application of resolution measures to institutions subject to direct supervision under the single supervisory mechanism. However, it should be taken into account that certain banking sectors already have mechanisms of full protection and tools of recovery and resolution that should be recognised, supported and articulated within the legislative act.
Amendment 770 #
Motion for a resolution
Annex – part 2 – point 2.3 – paragraph 1
Annex – part 2 – point 2.3 – paragraph 1
Enhanced cooperation should be used more frequently in the field of taxation (such as for establishment of a CCCTB or a financial transaction tax) since harmonised frameworks for taxation will enhance budgetary policy integration. The type and the specific nature of enterprises concerned by the application of such measures should be considered.