12 Amendments of Ramon TREMOSA i BALCELLS related to 2012/0242(CNS)
Amendment 119 #
Proposal for a regulation
Recital 9
Recital 9
(9) A European banking union should therefore be set up, underpinned by a true single rulebook for financial services for the Single Market as a whole and composed of a single supervisory mechanism, and a common deposit insurance and resolution framework. . In view of the close links and interactions between Member States participating in the common currency, the banking union should apply at least to all Euro area Member States. With a view to maintaining and deepening the internal market, and to the extent that thiNevertheless, maintaining the unity of the internal market is of crucial importance, and the banking union must therefore be open to the participation of other Member States ias well. The institutionally possible, the banking union should also be open to the participation of other Member States and legal modalities to allow for this must strike a balance between equal status for all participating Member States and offering incentives for non-Euro area Member States to join the common currency.
Amendment 354 #
Proposal for a regulation
Recital 38
Recital 38
(38) In order to carry out its supervisory tasks effectively, the ECB should exercise the supervisory tasks conferred on it in full independence, in particular from undue political influence and from industry interference which would affect its operational independence. At the same time, it is a founding principle of democratic societies that an independent institution bestowed with a public function should be accountable to citizens and their elected representatives for the conduct of its policies. Accountability is therefore an important counterpart of independence. As stated in the interim report "Towards a genuine economic and monetary union" of 12 October 2012, "a further strengthened role of EU institutions must be accompanied with a commensurate involvement of the European Parliament in the EU procedures". The European Parliament should put in place appropriate internal accountability modalities in order to mirror those of the Member States participating to this regulation.
Amendment 386 #
Proposal for a regulation
Recital 44 b (new)
Recital 44 b (new)
(44b) In order to ensure legal continuity in the prudential surveillance, it is necessary to ensure that all decisions adopted by national competent authorities, pertaining to the tasks conferred upon the ECB by the present Regulation, before its entry into force, remain in force as long as the ECB has not modified or repealed them.
Amendment 773 #
Proposal for a regulation
Article 16 – paragraph 1
Article 16 – paragraph 1
1. WThen carrying out the tasks conferred upon it by this Regulation, the ECB shall act independentl members of the Supervisory Board shall act independently and objectively in the sole interest of the Union as a whole and shall neither seek nor take instructions from the Union institutions or bodies, from any government of a Member State or from any other public or private body.
Amendment 775 #
Proposal for a regulation
Article 16 – paragraph 2
Article 16 – paragraph 2
2. Neither Member States, the Union institutions, or bodies, offices and agencies and the governments of nor any other public or private body shall seek to influence the Mmember States shall respect that independences of the Supervisory Board in the performance of their tasks.
Amendment 813 #
Proposal for a regulation
Article 19 – paragraph 1 – subparagraph 1 a (new)
Article 19 – paragraph 1 – subparagraph 1 a (new)
The Chair, the Vice-chair and the other members of the Supervisory Board shall be appointed by the European Parliament following a hearing of the candidates designated by the Council from among persons of recognised standing and professional experience in banking matters. The list of candidates shall be gender-balanced.
Amendment 814 #
Proposal for a regulation
Article 19 – paragraph 1 – subparagraph 1 b (new)
Article 19 – paragraph 1 – subparagraph 1 b (new)
Only nationals of Member States participating in this regulation may be members of the Supervisory Board.
Amendment 825 #
Proposal for a regulation
Article 19 – paragraph 2
Article 19 – paragraph 2
2. In addition, the supervisory board shall include a Chair elecappointed by the members of the Governing Council from the members, with the exception of the President, of the Executive Boardafter an open selection procedure and after approval by the European Parliament, and a Vice-Chair elected by and from the members of the Governing Council of the ECBsupervisory board.
Amendment 893 #
Proposal for a regulation
Article 21 – paragraph 3
Article 21 – paragraph 3
3. The Chair of the supervisory board mayshall, at the request of the European Parliament, beparticipate in a hearding on the execution of its supervisory tasks byin the competent committees of the European Parliament.
Amendment 904 #
Proposal for a regulation
Article 21 – paragraph 4 a (new)
Article 21 – paragraph 4 a (new)
4a. The Supervisory board shall also examine specific issues at the invitation of the European Parliament, the Council or the Commission.
Amendment 934 #
Proposal for a regulation
Article 26 – paragraph 1 – introductory part
Article 26 – paragraph 1 – introductory part
By 31 December 2015, a permanent supervisory structure shall be in place to take over all tasks conferred to the ECB through this Regulation. By 31 December 2013, the Commission shall publish a report on the application of this Regulation. That report shall evaluate, inter alia:
Amendment 953 #
Proposal for a regulation
Article 26 – paragraph 2
Article 26 – paragraph 2
The report shall be forwarded to the European Parliament and to the Council. The Commission shall make accompanying proposals, as appropriate to the report to establish, by 1 January 2016, a single European Supervisory Authority built on the European System for Financial Supervision and competent for all aspects of prudential supervision in the Union.