Plenary session 20-21 January 2016 - Related Opinions

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A legal framework for simple, transparent and standardised securitisation

Adopted on 20/01/2016
Reference: 
ECO/385-EESC-2015-04971-00-01-ac-tra
Referral: 
COM(2015) 472 final 2015/0226 CODCOM(2015) 473 final 2015/0225 COD
Rapporteur: 
Daniel MAREELS (Belgium)

The EESC welcomes the proposals to establish a system of "simple, transparent and standardised" securitisation (STS securitisations), that should enable significant additional resources to be generated for bank funding. That is very important, for SMEs and households in particular. There should be clarity as to the risk involved and who bears that risk, taking account of the whole chain from the issuer to the investor. It is important now is that the mistakes of the past are not repeated. Small investors and consumers should not have access to securitisation due to the complexity and risk involved, the Committee calls for a formal prohibition to be explicitly included in the texts.

EESC opinion: A legal framework for simple, transparent and standardised securitisation

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The Capital Markets Union Package - European Parliament

Launching the public consultation process on a new energy market design (communication)

Adopted on 20/01/2016
Reference: 
TEN/577-EESC-2015
Referral: 
COM(2015) 340 final
Rapporteur: 
Lutz RIBBE (Diversity Europe - GR III / Germany)

The EESC recognizes the importance of a new energy market design for achieving the ambitious climate-related policy goals of the European Union, most notably the expansion of renewable energy. The Committee acknowledges that many of the measures proposed by the European Commission in its Communication, such as the establishment of intraday markets or the removal of market-distorting national regulations, are steps in the right direction. However, the EESC would like the Commission to be more ambitious, in particular in terms of ensuring that energy prices become more transparent and reflect actual generation and external costs, consumers receiving adequate information and resources to become active market participants, and obstacles to market access for emerging local 'prosumers' being identified and removed.

EESC opinion: Launching the public consultation process on a new energy market design (communication)

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Delivering the internal electricity market and making the most of public interventions

Progress towards completing the Internal Energy Market

ACER Market Monitoring Report 2014

ENTSO-E Position Paper Energy Union

CEPS Task Force Report Electricity Market Design

Vers l’achèvement du marché intérieur de l’énergie: état des lieux

Réaliser le marché intérieur de l’électricité et tirer le meilleur parti de l’intervention publique

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