4.10.2018 |
EN |
Official Journal of the European Union |
C 356/204 |
P8_TA(2017)0468
Transitional arrangements for mitigating the impact of the introduction of IFRS 9 ***I
European Parliament legislative resolution of 30 November 2017 on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements and amending Regulation (EU) No 648/2012 (COM(2016)0850 — C8-0158/2017 — 2016/0360B(COD))
(Ordinary legislative procedure: first reading)
(2018/C 356/49)
The European Parliament,
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having regard to the Commission proposal to Parliament and the Council (COM(2016)0850), |
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having regard to Article 294(2) and Article 114 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C8-0158/2017), |
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having regard to Article 294(3) of the Treaty on the Functioning of the European Union, |
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having regard to the reasoned opinion submitted, within the framework of Protocol No 2 on the application of the principles of subsidiarity and proportionality, by the Swedish Parliament, asserting that the draft legislative act does not comply with the principle of subsidiarity, |
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having regard to the opinion of the European Central Bank of 8 November 2017 (1), |
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having regard to the opinion of the European Economic and Social Committee of 30 March 2017 (2), |
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having regard to the decision by the Conference of Presidents on 18 May 2017 to authorise the Committee on Economic and Monetary Affairs to split the above-mentioned Commission proposal and to draw up two separate legislative reports on the basis thereof, |
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having regard to the provisional agreement approved by the committee responsible under Rule 69f(4) of its Rules of Procedure and the undertaking given by the Council representative by letter of 15 November 2017 to approve the Parliament’s position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union, |
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having regard to Rule 59 of its Rules of Procedure, |
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having regard to the report of the Committee on Economic and Monetary Affairs (A8-0255/2017), |
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Adopts its position at first reading hereinafter set out; |
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Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal; |
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Instructs its President to forward its position to the Council, the Commission and the national parliaments. |
(1) Not yet published in the Official Journal.
P8_TC1-COD(2016)0360B
Position of the European Parliament adopted at first reading on 30 November 2017 with a view to the adoption of Regulation (EU) 2017/… of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards transitional arrangements for mitigating the impact of the introduction of IFRS 9 on own funds and for the large exposures treatment of certain public sector exposures denominated in the domestic currency of any Member State
(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Regulation (EU) 2017/2395.)