53. Calls on the EIB to refrain from cooperation with financial intermediaries having a negative track record in terms of transparency, tax evasion or aggressive tax planning practices, or use of other harmful tax practices such as ‘tax rulings’ and abusive transfer pricing, fraud, corruption or environmental and social impacts, or with no substantial local ownership, and to update its policies on anti-money laundering and combating the financing of terrorism; highlights the need for more comprehensive transparency regarding global loans, to ensure rigorous scrutiny of the impact of this type of indirect lending; encourages the EIB to ...[+++]make both direct funding and funding via intermediaries contingent upon the disclosure of both country-by-country tax-relevant data along the lines of the CRD IV provision for credit institutions, and beneficial ownership information; to this end, calls on the EIB to establish a new responsible taxation policy, starting from the review of its policy on non-cooperative jurisdictions (NCJ policy) in 2015;

What about the dozens of regional US banks who were involved in lending easy money in the housing sector?

We have proposed five billion for various initiatives within the energy sector, and I would like to say on behalf of my group that we are prepared to find a solution to this – we are prepared to find funding and also to work quickly, but if we are to look at how the individual programmes are made up – more money for TEN-e, more money for research programmes and more money for the CIP, in other words, programmes we know well – we should also take our time to ensure that we do this in a sound and sensible way.

Banks have a long history of lending money and we sometimes take it for granted that they are fully prepared for the traditional risks such as credit and market risks.

The Commission will be assessing whether the deal could lead to the creation or strengthening of dominant positions on a number of markets including savings (deposits, mutual funds), card payments (card issuing, card acquiring), ATM transactions and money lending.

(19) “value” means the maximum amount of goods, services, or money that an individual is willing to give up to obtain a specific good or service, or the minimum amount of goods, services, or money that an individual is willing to accept to forgo a specific good or service.