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Activities of Ashley FOX related to 2012/2055(INI)

Shadow opinions (1)

OPINION on Access to Basic Banking Services
2016/11/22
Committee: IMCO
Dossiers: 2012/2055(INI)
Documents: PDF(160 KB) DOC(93 KB)

Amendments (7)

Amendment 4 #
Draft opinion
Recital C
C. whereas this right should also apply to people who want to openneed a bank account in amore than one Member State without being forced to close an existing account in anotherdue to the existence of a relationship with each of those Member States;
2012/04/11
Committee: IMCO
Amendment 10 #
Draft opinion
Recital F
F. whereas in its 2011 work programme the Commission announced its intention of publishing a proposal for a legislative instrument concerning access to a bank account, but whereas on 18 July 2011 it instead merely published a recommendation on access to a basic payment account; whereas only a legislative instrument can guarantee the legal certainty ordinary members of the public needthe Commission should evaluate all policy options in a thorough impact assessment before presenting any legislative instrument which, only if deemed necessary, should be in the form of a directive;
2012/04/11
Committee: IMCO
Amendment 25 #
Draft opinion
Recommendation 1 – paragraph 3
The right of access to a basic payment account should apply to all consumers unless there are serious reasons to the contrary such as fraud, money laundering or undischarged bankruptcy. It does not, however, imply any obligation to have a bank account. However, the opening or running of an account must be considered reasonable by the institution granting access, and that institution's power to reject the application or close the account if pre-defined conditions are not met should be maintained.
2012/04/11
Committee: IMCO
Amendment 28 #
Draft opinion
Recommendation 2 – paragraph 1
Member States should ensure that every consumer legally resident in the EU is entitled to open and keep an account with any payment service provider operating on their territory. It should make no difference whether the consumer has an account in another Member State enabling him or her to make use in that Member State of the services specified in recommendation 3. This entitlement is applicable regardless of the consumer’s financial circumstances, except in the event of a conviction for fraud, money laundering or undischarged bankruptcy.
2012/04/11
Committee: IMCO
Amendment 33 #
Draft opinion
Recommendation 2 – paragraph 2
Each Member States should ensure that all banks with private customers are obliged to offer basic payment accounts, so as to avoid discrimination and unfair compe may decide whether access to basic banking services should be provided by one or more banking or non- banking institution among banks, except where specific arrangements are in force in a Member States (other payment providers).
2012/04/11
Committee: IMCO
Amendment 61 #
Draft opinion
Recommendation 3 – paragraph 4
Prepaid payment cards or other devices serving the same purpose, which already exist in some Member States, whether provided by banking or non- banking institutions, such as payments using a mobile phone, which already exist in some Member States and which provide the same functionality as a basic payment account, are possible complementalternatives to a basic payment account that should be explored and developed further.
2012/04/11
Committee: IMCO
Amendment 68 #
Draft opinion
Recommendation 3 – paragraph 7
A consumer should not incur charges or financial penalties when an account is overdrawn due to circumstances beyond his or her control, for instance the fact that there are not enough funds in the account because amounts have been paMember States may, if they think fit, allow small bridging loans to cover temporary negative balances. Any charges for such small brid gin too late or paid out too early (e.g. as a result of recurrent direct debit entries invariably made on the same day of the month). Member States may, if they think fit, allow smalg loans should be reasonable and at least as favourable as the provider's usual bpridgcing loans intended specifically to cover such eventualitiespolicy.
2012/04/11
Committee: IMCO