1 Amendments of Cora van NIEUWENHUIZEN related to 2016/2018(INI)
Amendment 17 #
Draft opinion
Paragraph 5
Paragraph 5
5. Urges the Commission to respect the deadlines set for delegated acts and implementing acts, and, as a minimum, to officially inform the co-legislators well in advance if it, on an exceptional basis, intends not to respect them, as well as stating its reasons; notes that the Commission recently omitted to do so in numerous cases in the field of financial services, in particular in relation to Regulation (EU) No 648/2012, Directive 2014/65/EU, Regulation (EU) No 600/2014 and Regulation (EU) No 2016/1011, where the Commission did not respect the 3 month deadline laid-down in Article 10(1) of Regulation (EU) No 1095/2010 for the adoption of regulatory technical standards, and where it was unable to inform the co-legislators on how and when it intended to adopt the delegated acts based on ESMA’s technical advice; reminds the Commission that procedures through which Parliament declares it has no objections to an act were never intended to compensate for delays originating at the Commission’s end and that these procedures significantly impact the time available for Parliament to exercise its scrutiny rights;