18 Amendments of Burkhard BALZ related to 2010/2021(INI)
Amendment 1 #
Draft opinion
Recital B a (new)
Recital B a (new)
Ba. whereas the Lamfalussy procedure paved the way for a thorough legislative control over regulatory powers conferred to the European Commission in financial services,
Amendment 2 #
Draft opinion
Recital C
Recital C
C. whereas the European Supervisory Architecture envisages the use of technical standards to achieve a Single Rule Book viainvolving a prominent role for Delegated Acts,
Amendment 3 #
Motion for a resolution
Recital E
Recital E
E. whereas the ‘Lamfalussy procedure’ paved the way for the present mechanism of delegation with full control by the Legislator; whereas Declaration 39 to the Treaty of Lisbon recognised the specific nature of theParliament demands that the Commission consult widely on delegated acts including with Parliament experts, in the area of financial services; whereas Declaration 39 to the Treaty of Lisbon recognised the intention to continue consulting experts appointed by the Member States in the preparation of delegated acts in the area of financial services area; whereas the new regime for delegated acts cannot in any way undermine Parliament’s existing rights in that area, especially concerning the early transmission of documents and information,
Amendment 4 #
Draft opinion
Paragraph 1 a (new)
Paragraph 1 a (new)
1a. Stresses that Article 290 TFEU leaves the legislator free to decide case by case which control mechanisms are necessary and therefore any inter-institutional agreement should not restrict or alter this freedom;
Amendment 4 #
Motion for a resolution
Recital E a (new)
Recital E a (new)
(Ea) whereas the European Supervisory Architecture envisages the use of technical standards to achieve a Single Rule Book involving a prominent role for delegated acts,
Amendment 5 #
Draft opinion
Paragraph 1 b (new)
Paragraph 1 b (new)
1b. Notes, however, that there is an urgent need for an inter-institutional agreement between the Parliament, the Council and the Commission on the implementation of Article 290 to provide greater clarity and common understanding between the legislators;
Amendment 8 #
Draft opinion
Paragraph 3 a (new)
Paragraph 3 a (new)
3a. Points out that in each basic act sufficient time must be set to enable the European Parliament and Council to exercise their right to objecting to a delegated act; this may well be longer for some subject matters than others, taking into account the complexity and difficulty of the issues and the agenda of co- legislators;
Amendment 9 #
Draft opinion
Paragraph 3 b (new)
Paragraph 3 b (new)
3b. Considers that so-called "early non- objections" have been valuable under the Lamfalussy-procedure and could be kept as the preferred option for Parliament as opposed to any urgency procedure;
Amendment 10 #
Draft opinion
Paragraph 5 a (new)
Paragraph 5 a (new)
5a. Calls on each of its committees to exchange and regularly update best practice to ensure that Parliament’s procedures under Article 290 TFEU are as coherent as possible and for a periodic revision of the Parliament's delegation procedures;
Amendment 10 #
Motion for a resolution
Paragraph 4 – indent 3
Paragraph 4 – indent 3
– enable the Commission to exercise the delegated powerdelegated power to be exercised effectively, and
Amendment 11 #
Draft opinion
Paragraph 5 b (new)
Paragraph 5 b (new)
5b. Underlines the need for each parliamentary committee to organise its work in a way that is consistent with its specific nature and takes advantage of its accumulated expertise; recognises the consensus in financial services that, when possible, the rapporteurs for the ordinary legislative act should also lead for the Parliament on the delegated acts to ensure expert subject matter knowledge based on dialogue and information exchange from the beginning of the legislative process;
Amendment 12 #
Draft opinion
Paragraph 5 c (new)
Paragraph 5 c (new)
5c. Notes the importance of implementation of delegated acts and calls on the Commission to produce reports to update Parliament on their progress;
Amendment 17 #
Motion for a resolution
Paragraph 10 – introductory wording
Paragraph 10 – introductory wording
10. Considers that certain practical arrangements of a horizontal nature shcould not be dealt with separately in each basic act, but could be better dealtbe better coordinated with in a Common Understanding between the institutions covering inter alia:
Amendment 21 #
Motion for a resolution
Paragraph 10 – new last indent
Paragraph 10 – new last indent
– progress reports on the implementation of the delegated acts;
Amendment 23 #
Motion for a resolution
Paragraph 11
Paragraph 11
11. Stresses that, when preparing and drawing-up delegated acts, the Commission must ensure an early and continuous transmission of information and relevant documents to Parliament's relevant committees, and that Parliament is invited to preparatory meetings held in relation to delegated acts;
Amendment 27 #
Motion for a resolution
Paragraph 13
Paragraph 13
13. Proposes that a minimum period for objection be fixed in any future Common Understanding, it being made clear that this should be understood not as a straightjacket but merely as a minimum below which Parliament’s democratic control would become nugatory; considers that the minimum period for objection should be two months, with a possibility of its being extended by a further two months at the initiative of Parliament or the Council; recognises the right for longer minimum periods to be set according to the nature of the delegated act;
Amendment 28 #
Motion for a resolution
Paragraph 16
Paragraph 16
16. Calls on each of its committees to establish a mechanismxchange and regularly update best practice to ensure that Parliament’s practices under Article 290 TFEU are as coherent as possible and for a periodic revision of the Parliament's delegation procedures; underlines the need for each parliamentary committee to organise its work in a way that is consistent with its specific nature and takes advantage of its accumulated expertise; recognises the consensus in financial services that when possible the rapporteur in charge of the ordinary legislative act should also lead for the Parliament on the delegated acts to ensure expert subject matter knowledge based on dialogue and information exchange from the beginning of the legislative process;
Amendment 31 #
Motion for a resolution
Paragraph 17
Paragraph 17
17. Urges the Commission to present as a matter of priority the legislative proposals needed to adapt the acquis to the provisions of Articles 290 and 291 TFEU; considers, in respect of Article 290 TFEU, that this alignment should not be limited to those measures previously dealt with under the regulatory procedure with scrutiny but should cover all appropriate measures of general scope, including the Lamfalussy directives, independently of the decision- making procedure or comitology procedure applicable to them prior to the entry into force of the Treaty of Lisbon;