8 Amendments of Gerben-Jan GERBRANDY related to 2015/2206(DEC)
Amendment 14 #
Motion for a resolution
Paragraph 110
Paragraph 110
110. Is disappointed that it was not possible to obtain a complete analysis of the efficiency of the various implemented allocation systems by the Member States during phase II of the EU ETS (2008- 2012), which would have been of the utmost importance in informing political recommendations on the basis of the Court's audit results;
Amendment 15 #
Motion for a resolution
Paragraph 110 a (new)
Paragraph 110 a (new)
110a. Notes that the Court's assessment focused on the implementation of phase II of the EU ETS (2008-2012), while for phase III of the EU ETS (2013-2020) significant reforms, including EU harmonisation measures, were decided and implemented;
Amendment 16 #
Motion for a resolution
Paragraph 110 b (new)
Paragraph 110 b (new)
110b. Welcomes that significant improvements to the framework for protecting the integrity of the ETS have been implemented, including most of the spot market for allowances in the Financial Instruments Directive (MiFID)1a and market abuse directive (MAD)1b/regulation (MAR)1c; calls on the Commission to consider complementary measures in line with the Court's recommendations, including measures covering compliance traders; ____________________ 1a Directive 2004/39/EC of the European Parliament and of the Council of 21 April 2004 on markets in financial instruments amending Council Directives 85/611/EEC and 93/6/EEC and Directive 2000/12/EC of the European Parliament and of the Council and repealing Council Directive 93/22/EEC (OJ L 145, 30.4.2004, p.1). 1b Directive2014/57/EU of the European Parliament and of the Council of 16 April 2014 on criminal sanctions for market abuse (market abuse directive) (OJ L 173, 12.6.2014, p. 179). 1c Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (market abuse regulation) and repealing Directive 2003/6/EC of the European Parliament and of the Council and Commission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ L 173, 12.6.2014, p. 1).
Amendment 17 #
Motion for a resolution
Paragraph 111
Paragraph 111
111. Regrets the lack of transparency of the implemented systems and the resulting opportunities opened up for fraudStrongly calls on the Commission and the Member States to ensure transparency and effective Union level oversight of the emissions market and procedures for cooperation involving national regulators and the Commission;
Amendment 18 #
Motion for a resolution
Paragraph 112
Paragraph 112
112. Considers that the Commission, as the guardian of the Treaties should monitor closely the implementation in Member States and assist more thoroughly throughout the process; considers that the Commission has to ensure predictability of legal decisions and legal certainty, especially for prospective adjustments of the ETS system, such as the market stability reserve mechanismbelieves the right balance between robust monitoring, reporting and verification and administrative burden is necessary; considers that the Commission has to ensure predictability of legal decisions and legal certainty, thereby taking into account the guidance of the European Council;
Amendment 19 #
Motion for a resolution
Paragraph 113
Paragraph 113
113. Notes that in its analysis of the efficiency of the ETS system, the Court is expected to include an analysis of the target achievements of the ETS in its report, emphasising the efficiency of the ETS managthe Court assessed the integrity and implementation of the EU ETS, but that also an analysis of the efficiency of the ETS system and its achievements in the various Member States, especially concerning interference and overlaps necessary, including an evaluation of the interaction between European and national legislation such as in the development of renewable energies and energy efficiency measures, which likewise have a profound effect on CO2 emissions and thus the carbon market;
Amendment 20 #
Motion for a resolution
Paragraph 114
Paragraph 114
114. Asks that the Court of Auditors include affected industrial sectors in its analysis, especially in regard of legal certainty and predictability, and in how far a reliable legal framework is ensured; expected a critical remark on the consta and how recent adjustments of the ETS legal framework and interference with the carbon market and accruing adjustment costshave possibly impacted on the effectiveness of the system;
Amendment 21 #
Motion for a resolution
Paragraph 115
Paragraph 115
115. Is surprisconcerned that at the Court did not comment on the risk of cross border VAT fraud, which has been quite prominent, eg. in the case of the Deutsche Banktime of the audit, the risk of VAT fraud in the ETS was still not fully addressed, since a third of the Member States did not yet implement legislation on the reverse charge mechanism; calls on all Member States to do so without further delay;