3 Amendments of Krišjānis KARIŅŠ related to 2012/0169(COD)
Amendment 109 #
Proposal for a regulation
Recital 10
Recital 10
(10) To meet the needs of retail investors, it is necessary to ensure that information on investment products is accurate, fair, clear and not misleading for those investors. This Regulation should therefore lay down common standards for the drafting of the key information document, in order to ensure that it is comprehensible for retail investors. Given the difficulties many retail investors have in understanding specialist financial terminology, particular attention should be paid to the vocabulary and style of writing used in the document. Rules should also be laid down on the language in which it should be drawn up. The calculations of the costs that may arise should also be explained in an understandable manner. Furthermore, retail investors should be able to understand the key information document on its own without referring to other information.
Amendment 268 #
Proposal for a regulation
Article 6 – paragraph 3 – point b – point iii a (new)
Article 6 – paragraph 3 – point b – point iii a (new)
(iiia) the calculations of the costs are explained in detail.
Amendment 652 #
Proposal for a regulation
Article 21 – paragraph 2
Article 21 – paragraph 2
2. The Member Statescompetent authority shall once a year provide EBA, EIOPA and ESMA with aggregate information regarding all administrative measures and sanctions imposed in accordance with Articles 18 and 19(2).