8 Amendments of Krišjānis KARIŅŠ related to 2013/2021(INI)
Amendment 101 #
Motion for a resolution
Recital J a (new)
Recital J a (new)
Ja. whereas enhanced competition in the European banking industry is highly desirable; whereas the aggregated amount of legislative and regulatory requirements on banks, although indeed warranted for many reasons, risk to create barriers to entry and, therefore, facilitate the cementation of the current banking groups' dominant positions;
Amendment 103 #
Motion for a resolution
Recital J a (new)
Recital J a (new)
Ja. whereas the EU needs growth and jobs as businesses need capital and credit; EU banking sector plays an important role to initiate growth, therefore any reforms for the EU banking sector that would impede growth should be avoided;
Amendment 107 #
Motion for a resolution
Paragraph 1
Paragraph 1
1. Welcomes the HLEG's analysis and recommendations on banking reform and considers them a sound basis for initiating reforms. However, considers that legislative initiatives currently processed or recently adopted, such as the Single supervisory mechanism, the capital and prudential requirements regulation and directive, the Bank recovery and resolution directive, the Deposit guarantee scheme, MiFID and MiFIR, the Market abuse regulation and directive, the European markets infrastructure regulation, the Alternative investment fund managers' directive, the Financial transaction tax, the Insurance mediation directive, the Insurance guarantee schemes, the Investor compensation schemes, Omnibus II, Solvecny II, UCITS II, the Credit rating agencies legislation and Short-selling legislation, should be implemented and allowed to come into operation and that the outcome thereof should be taken as a basis for the assessment of what might be needed in the future;
Amendment 182 #
Motion for a resolution
Paragraph 6 a (new)
Paragraph 6 a (new)
6a. Remembers that one of the main reasons why the situation in Cyprus has been so difficult to deal with is the fact that the banking system was more or less solely dependent on retail deposits for its funding. Highlights that had there been a larger share of unsecured debt-holders in the funding mix of Cypriot banks, the extraordinarily unfortunate debacle of bailing in insured depositors most probably would not have taken place;
Amendment 216 #
Motion for a resolution
Paragraph 8
Paragraph 8
Amendment 237 #
Motion for a resolution
Paragraph 8 a (new)
Paragraph 8 a (new)
8a. Underlines that such proposal might hinder the functioning of the whole banking sector of the EU, distort competition and pose far-reaching negative effects on the economic growth;
Amendment 293 #
Motion for a resolution
Paragraph 12
Paragraph 12
Amendment 465 #
Motion for a resolution
Paragraph 29
Paragraph 29
29. Urges the Commission and the Member States to work together to promote greater diversification and competition of the EU's banking sector by encouraging and facilitating more consumer-oriented banking, for example through cooperative, building society, peer-to-peer lending and saving bank models; stresses that fully functioning Single Market is the key;