7 Amendments of Herbert DORFMANN related to 2013/2021(INI)
Amendment 24 #
Motion for a resolution
Recital C
Recital C
C. whereas a weak European regulatory framework with excessive risk-taking, excessive leverage, inadequate capital and liquidity requirements and the excessive complexity of the overall banking system were at the root of the financial crisis;
Amendment 130 #
Motion for a resolution
Paragraph 2
Paragraph 2
2. Takes the view that while current proposals for reforms of EU banking sector rules (including the Capital Requirements Directive and Regulation, the Recovery and Resolution Directive, the Single Supervisory Mechanism, the Deposit Guarantee Schemes Directive and shadow banking initiatives) are vital and their structural impacts have to take effect, a more fundamental reform of the banking structure is essential, and complementary to the other proposals;
Amendment 226 #
Motion for a resolution
Paragraph 8
Paragraph 8
8. UConsidering the legal structure and the different European banking models urges the Commission to ensure to come forward with a proposal for mandatorya conditional separation of banks' retail and investment activities, if the activities to be separated represent a significant share of the overall bank activity;
Amendment 253 #
Motion for a resolution
Paragraph 9
Paragraph 9
9. Urges the Commission to come forward with a proposal for such mandatorya conditional separation through the establishment of a thorough, transparent and credible ‘ring fence’ around bank activities that are vital for the real economy, such as those relating to credit functions, payment systems and deposits, deposits and other services for the real economy through a universal banking concept; takes the view that in the event of a bank failure, the ring fence must ensure that the retail entity continues business unaffected by operational problems, financial losses, funding shortages or reputational damage resulting from the resolution or insolvency of the investment entity;
Amendment 298 #
Motion for a resolution
Paragraph 12 – introductory part
Paragraph 12 – introductory part
12. Urges the Commission to ensureConsidering the legal structure and the different European banking models urges the Commission to ensure, if the activities to be separated represent a significant share of the overall bank activity, that separation results in:
Amendment 395 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Considering the legal structure, the different European banking models and the principle of proportionality calls on the Commission to implement the proposals set out in the HLEG's report in the area of corporate governance of separated banks, including a) governance and control mechanisms, b) risk management, c) incentive schemes, d) risk disclosure and e) sanctions;
Amendment 464 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. Urges the Commission and the Member States to work together to promote greater diversification of the EU's banking sector by encouraging and facilitating more consumer-oriented banking which is closed to the territory of the banking activities and the real economy, for example through cooperative, building society, peer-to-peer lending and saving bank models;