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En En Amendments 1 European Parliament 2019-2024 Committee on Economic and Monetary Affairs 2020/2122(INI) 27.5.2021 AMENDMENTS 1 - 80 Draft report Danuta Maria Hübner (PE658.703v01-00) Banking Union - annual report 2020 (2020/2122(INI)) AM\1232542EN.docx PE693.617v01-00 EN United in diversityEN AM_Com_NonLegReport PE693.617v01-00 2/35 AM\1232542EN.docx EN Amendment 1 Kira Marie Peter-Hansen on behalf of the Verts/ALE Group Motion for a resolution Citation 11 a (new) Motion for a resolution Amendment — having regard to the ECON Chair's letter to the President of the Eurogroup of 22 July 2020, Or. en Amendment 2 Kira Marie Peter-Hansen on behalf of the Verts/ALE Group Motion for a resolution Citation 20 a (new) Motion for a resolution Amendment — having regard to the statement agreed by the Eurogroup at its meetings of 30 November, Or. en Amendment 3 Danuta Maria Hübner, José Manuel García-Margallo y Marfil, Frances Fitzgerald, Isabel Benjumea Benjumea Motion for a resolution Citation 29 Motion for a resolution Amendment — having regard to the Memoranda deleted of Understanding on supervisory cooperation between the UK supervisory authorities and the EU and its Member States’ supervisory authorities, AM\1232542EN.docx 3/35 PE693.617v01-00 EN Or. en Amendment 4 Danuta Maria Hübner, Inese Vaidere, Lídia Pereira, José Manuel García-Margallo y Marfil, Frances Fitzgerald, Isabel Benjumea Benjumea Motion for a resolution Citation 32 a (new) Motion for a resolution Amendment — having regard to the paper entitled ‘Liquidity in resolution: comparing frameworks for liquidity provision across jurisdictions’ of the ECB’s Occasional Paper Series1a, _________________ 1a Grund, Sebastian, Nomm, Nele and Walch, Florian, ‘Liquidity in resolution: comparing frameworks for liquidity provision across jurisdictions’, Occasional Paper Series, No 251, ECB, Frankfurt am Main, December 2020, available at https://www.ecb.europa.eu/pub/pdf/scpops /ecb.op251~65a080c5b3.en.pdf Or. en Amendment 5 Kira Marie Peter-Hansen on behalf of the Verts/ALE Group Motion for a resolution Citation 39 a (new) Motion for a resolution Amendment — having regard to the Commission’s action plan “for a comprehensive Union policy on preventing money laundering and terrorism financing” published on 7 May 2020, Or. en PE693.617v01-00 4/35 AM\1232542EN.docx EN Amendment 6 Pedro Marques, Jonás Fernández, Pedro Silva Pereira, Paul Tang, Joachim Schuster, Margarida Marques Motion for a resolution Citation 40 a (new) Motion for a resolution Amendment — having regard to the European Commission action plan for a comprehensive Union policy on preventing money laundering and terrorism financing of 7 May 202029a, _________________ 29a https://ec.europa.eu/info/business- economy-euro/banking-and- finance/financial-supervision-and-risk- management/anti-money-laundering-and- counter-terrorist-financing_en Or. en Amendment 7 Eugen Jurzyca, Johan Van Overtveldt, Michiel Hoogeveen, Bogdan Rzońca, Roberts Zīle, Jessica Stegrud Motion for a resolution Citation 43 a (new) Motion for a resolution Amendment — having regard to the European Court of Auditors (ECA) Special Report entitled ‘Resolution planning in the Single Resolution Mechanism’, published on 14 January 2021, Or. en Amendment 8 Gunnar Beck, Jörg Meuthen, Jaak Madison, Roman Haider, Laura Huhtasaari, Michiel Hoogeveen AM\1232542EN.docx 5/35 PE693.617v01-00 EN Motion for a resolution Citation 43 a (new) Motion for a resolution Amendment — having regard to the answer by Commissioner Johansson to parliamentary question E-003462/2020, Or. en Amendment 9 Gunnar Beck, Jörg Meuthen, Jessica Stegrud, Jaak Madison, Roman Haider, Laura Huhtasaari, Michiel Hoogeveen Motion for a resolution Citation 43 b (new) Motion for a resolution Amendment — having regard to Article 140(1) of the Treaty on the Functioning of the European Union, Or. en Amendment 10 Gunnar Beck, Jörg Meuthen, Jessica Stegrud, Jaak Madison, Roman Haider, Laura Huhtasaari, Michiel Hoogeveen Motion for a resolution Citation 43 c (new) Motion for a resolution Amendment — having regard to the ECB´s Targeted Review of Internal Models, published April 2021, Or. en Amendment 11 Gunnar Beck, Jörg Meuthen, Jaak Madison, Roman Haider, Laura Huhtasaari, Michiel PE693.617v01-00 6/35 AM\1232542EN.docx EN Hoogeveen Motion for a resolution Citation 43 d (new) Motion for a resolution Amendment — having regard to the answer of Commission Vice-President Dombrovskis to written question E-003152/2019, Or. en Amendment 12 Valentino Grant, Francesca Donato, Antonio Maria Rinaldi, Marco Zanni Motion for a resolution Recital A Motion for a resolution Amendment A. whereas overall, the banking sector A. whereas the regulatory reforms has responded to the COVID-19 pandemic enacted since the major global financial with resilience, mostly founded on the crisis have proved ineffective in regulatory reforms enacted since the combating the causes of the banking global financial crisis and further crises that have followed, and whereas supported by extraordinary public policy many of the rules were immediately relief measures and capital conservation suspended in order to allow the banking practices; system to prop up the economy during the COVID-19 pandemic; Or. it Amendment 13 Gunnar Beck, Jörg Meuthen, Jessica Stegrud, Jaak Madison, Roman Haider, Laura Huhtasaari, Michiel Hoogeveen Motion for a resolution Recital A Motion for a resolution Amendment A. whereas overall, the banking sector A. whereas overall, the banking sector has responded to the COVID-19 pandemic has responded to the COVID-19 pandemic with resilience, mostly founded on the with resilience, mostly founded on the regulatory reforms enacted since the global regulatory reforms enacted since the global AM\1232542EN.docx 7/35 PE693.617v01-00 EN financial crisis and further supported by financial crisis and increased capital extraordinary public policy relief requirements, indicating that equity and measures and capital conservation solvency are key to tackle financial and practices; economic shocks instead of ever- increasing debt financing; Or. en Amendment 14 Danuta Maria Hübner, Inese Vaidere, Lídia Pereira, José Manuel García-Margallo y Marfil, Frances Fitzgerald, Isabel Benjumea Benjumea Motion for a resolution Recital A Motion for a resolution Amendment A. whereas overall, the banking sector A. whereas overall, the banking sector has responded to the COVID-19 pandemic has responded to the COVID-19 pandemic with resilience, mostly founded on the with resilience, founded on the regulatory regulatory reforms enacted since the global overhaul enacted since the global financial financial crisis and further supported by crisis, facilitated by the single European extraordinary public policy relief measures Rulebook and Single Supervision in the and capital conservation practices; Banking Union, and supported by extraordinary public policy relief measures and capital conservation practices; Or. en Amendment 15 Antonio Tajani, Herbert Dorfmann, Fulvio Martusciello Motion for a resolution Recital A Motion for a resolution Amendment A. whereas overall, the banking sector A. whereas overall, the banking sector has responded to the COVID-19 pandemic has responded to the COVID-19 pandemic with resilience, mostly founded on the with resilience, also founded on the regulatory reforms enacted since the global regulatory reforms enacted since the global financial crisis and further supported by financial crisis and further supported by extraordinary public policy relief measures extraordinary public policy relief measures and capital conservation practices; and capital conservation practices; Or. en PE693.617v01-00 8/35 AM\1232542EN.docx EN Amendment 16 Gianna Gancia Motion for a resolution Recital A Motion for a resolution Amendment A. whereas overall, the banking sector A. whereas overall, the banking sector has responded to the COVID-19 pandemic has responded to the COVID-19 pandemic with resilience, mostly founded on the with resilience, also founded on the regulatory reforms enacted since the global regulatory reforms enacted since the global financial crisis and further supported by financial crisis and further supported by extraordinary public policy relief measures extraordinary public policy relief measures and capital conservation practices; and capital conservation practices; Or. en Amendment 17 Georgios Kyrtsos Motion for a resolution Recital A Motion for a resolution Amendment A. whereas overall, the banking sector A. whereas overall, with certain has responded to the COVID-19 pandemic exemptions, the banking sector has with resilience, mostly founded on the responded to the COVID-19 pandemic regulatory reforms enacted since the global with resilience, mostly founded on the financial crisis and further supported by regulatory reforms enacted since the global extraordinary public policy relief measures financial crisis and further supported by and capital conservation practices; extraordinary public policy relief measures and capital conservation practices; Or. en Amendment 18 Kira Marie Peter-Hansen on behalf of the Verts/ALE Group Motion for a resolution Recital A a (new) AM\1232542EN.docx 9/35 PE693.617v01-00 EN Motion for a resolution Amendment A a. whereas the need remains to limit the damage due to failures within the current structure of the banking system, structural reforms aimed at reducing a priori the systemic risks due to interconnections and complexity, underpinning the “too big to fail problem”, would be much more effective; Or. en Amendment 19
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