2001/0095(COD) | [ParlTrack]

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2001/0095(COD) Supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate

Progress: Procedure completed

Role	Committee	Rapporteur
Lead	ECON	LIPIETZ Alain ( Verts/ALE)
Former Responsible Committee	ECON	LIPIETZ Alain ( Verts/ALE)
Former Committee Opinion	JURI

Lead committee dossier:

ECON/5/16090

Legal Basis:

EC Treaty (after Amsterdam) EC 047-p2

Subjects

Events

2017/07/14

EC - Follow-up document

Documents

SWD(2017)0272

2017/07/14

EC - Follow-up document

Documents

SWD(2017)0273

2012/12/20

EC - Follow-up document

Details

In accordance with the requirements of Directive 2011/89/EU (FICOD1), the Commission presents a review of Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate (FICOD). It recalls that FICOD1 was adopted following the lessons learnt during the financial crisis of 2007-2009. FICOD1 amended the sector-specific directives to enable supervisors to perform consolidated banking supervision and insurance group supervision at the level of the ultimate parent entity, even where that entity is a mixed financial holding company. Furthermore, FICOD1 revised the rules for the identification of conglomerates, introduced a transparency requirement for the legal and operational structures of groups, and brought alternative investment fund managers within the scope of supplementary supervision in the same way as asset management companies.

The report notes that since the adoption of FICOD1 some issues, such as addressing systemic importance of complex groups, and recovery and resolution tools beyond the living wills requirement in FICOD1 have been or will be resolved in other contexts and have therefore become less relevant for this review.

The Commission considers that the most relevant issues that could be addressed in a future revision of the financial conglomerates directive are as follows:

The criteria for the definition and identification of a conglomerate : the two thresholds for identification of a conglomerate set out in Article 3 of FICOD take into account materiality and proportionality for identifying conglomerates that should be subject to supplementary supervision of group risks. The first threshold restricts supplementary supervision to those conglomerates that carry out business in the financial sector and the second restricts application to very large groups.

The combined application of the two thresholds and the use of the available waiver by supervisors have led to a situation where very big banking groups that are also serious players in the European insurance market are not subject to supplementary supervision. Furthermore, the wording of the identification provision may leave room for different ways to determine the significance of cross-sectoral activities. It could be improved to ensure consistent application across sectors and borders.

To ensure legal clarity, it is important to have easily understandable and applicable thresholds. However, the question remains whether the thresholds and the waivers should be amended or complemented to enable supervision in a proportionate and risk-based manner.

The identification of the parent entity ultimately responsible for meeting the group-wide requirements and the strengthening of enforcement with respect to that entity . The identification of the responsible parent entity would also enhance the effective application of the existing requirements concerning capital adequacy, risk concentrations, intra-group transactions and internal governance.

Given the inherent complexity of financial conglomerates, corporate governance should carefully consider and balance the combination of interests of recognised stakeholders of the ultimate parent and the other entities of the group. The governance system should ensure that a common strategy achieves that balance and that regulated entities comply with regulation on an individual and on a group basis.

CRD III and the proposal for CRD IV require further strengthening of corporate governance and remuneration policy following the lessons learnt during the crisis. The living will requirement in FICOD1 will be strengthened by the Bank Recovery and Resolution Framework . What these frameworks do not yet cover is the enforceable responsibility of the head of the group or the requirement for this legal entity to be ready for any resolution and to ensure a sound group structure and the treatment of conflicts of interest.

The report notes that the regulatory and supervisory environment with regard to credit institutions, insurance undertakings and investment firms is evolving. All the sectoral prudential regulations have been significantly amended on several occasions in the last few years, and even more significant changes to the regulatory rules are pending before the legislators. Furthermore, the proposal for the Banking Union significantly changes the supervisory framework. Therefore, the Commission considers it advisable not to propose a legislative change in 2013. It will keep the situation under constant review to determine an appropriate timing for the revision.

Documents

COM(2012)0785
EUR-Lex

2012/12/20

EC - Follow-up document

Details

The Commission presents a Staff working document which accompanies the Commission’s 2012 report reviewing Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate (FICOD) ( please refer to the summary dated 20/12/2012 ).

It explains in more detail the analysis carried out by the Commission, building on work done in international fora, discussions with stakeholders, supervisors and Member State experts, and a vast amount of literature on lessons learnt during the crisis with respect to large, complex financial groups.

The review is guided by the objective of FICOD, which is to ensure the supplementary supervision of regulated entities that form part of a conglomerate. It aims to analyse whether the current provisions of FICOD, in conjunction with the relevant sectoral rules for group and consolidated supervision, are effective beyond the provisions introduced by FICOD1.

Documents

EUR-Lex
SWD(2013)0071

2003/02/11

Final act published in Official Journal

Documents

Directive 2002/87
OJ L 035 11.02.2003, p. 0001-0027

2002/12/16

CSL - Final act signed

2002/12/16

EP - End of procedure in Parliament

2002/11/20

EP - Text adopted by Parliament, 2nd reading

Documents

T5-0548/2002
OJ C 025 29.01.2004, p. 0026-0185 E

2002/11/20

EP - Decision by Parliament, 2nd reading

Documents

T5-0548/2002

2002/11/18

EP - Debate in Parliament

Documents

Debate in Parliament

2002/11/05

EP - Committee recommendation tabled for plenary, 2nd reading

Documents

A5-0367/2002

2002/11/05

EP - Vote in committee, 2nd reading

2002/11/04

EP - Committee recommendation tabled for plenary, 2nd reading

Documents

A5-0367/2002

2002/09/24

EP - Committee referral announced in Parliament, 2nd reading

2002/09/20

EC - Commission communication on Council's position

Documents

SEC(2002)0995
EUR-Lex

2002/09/12

CSL - Council position

Documents

09754/3/2002
OJ C 253 22.10.2002, p. 0001 E

2002/09/11

CSL - Council position published

Documents

09754/3/2002

2002/07/12

CSL - Resolution/conclusions adopted by Council

2002/07/12

CSL - Council Meeting

2002/05/07

CSL - Council Meeting

2002/03/14

EP - Text adopted by Parliament, 1st reading/single reading

Documents

T5-0112/2002
OJ C 047 27.02.2003, p. 0416-0486 E

2002/03/14

EP - Decision by Parliament, 1st reading

Documents

T5-0112/2002

2002/03/13

EP - Debate in Parliament

Documents

Debate in Parliament

2002/02/25

EP - Committee report tabled for plenary, 1st reading/single reading

Documents

A5-0060/2002

2002/02/25

EP - Vote in committee, 1st reading

2002/02/24

EP - Committee report tabled for plenary, 1st reading

Documents

A5-0060/2002

2001/12/04

CSL - Debate in Council

Documents

2393

2001/12/04

CSL - Council Meeting

2001/10/17

ESC - Economic and Social Committee: opinion, report

Documents

CES1309/2001
OJ C 036 08.02.2002, p. 0001

2001/09/13

ECB - Document attached to the procedure

Documents

OJ C 271 26.09.2001, p. 0010
BCE(2001)0025

2001/05/02

EP - Committee referral announced in Parliament, 1st reading

2001/04/24

EC - Legislative proposal

Documents

EUR-Lex
OJ C 213 31.07.2001, p. 0227 E
COM(2001)0213

2001/04/23

EC - Legislative proposal published

Documents

EUR-Lex
COM(2001)0213

2000/11/06

EP - LIPIETZ Alain (Verts/ALE) appointed as rapporteur in ECON

2000/11/06

EP - LIPIETZ Alain (Verts/ALE) appointed as rapporteur in ECON

Documents

Follow-up document: SWD(2017)0272
Follow-up document: SWD(2017)0273
Follow-up document: COM(2012)0785
Follow-up document: EUR-Lex
Follow-up document: EUR-Lex
Follow-up document: SWD(2013)0071
Final act published in Official Journal: Directive 2002/87
Final act published in Official Journal: OJ L 035 11.02.2003, p. 0001-0027
Text adopted by Parliament, 2nd reading: T5-0548/2002
Text adopted by Parliament, 2nd reading: OJ C 025 29.01.2004, p. 0026-0185 E
Decision by Parliament, 2nd reading: T5-0548/2002
Debate in Parliament: Debate in Parliament
Committee recommendation tabled for plenary, 2nd reading: A5-0367/2002
Committee recommendation tabled for plenary, 2nd reading: A5-0367/2002
Commission communication on Council's position: SEC(2002)0995
Commission communication on Council's position: EUR-Lex
Council position: 09754/3/2002
Council position: OJ C 253 22.10.2002, p. 0001 E
Council position published: 09754/3/2002
Text adopted by Parliament, 1st reading/single reading: T5-0112/2002
Text adopted by Parliament, 1st reading/single reading: OJ C 047 27.02.2003, p. 0416-0486 E
Decision by Parliament, 1st reading: T5-0112/2002
Debate in Parliament: Debate in Parliament
Committee report tabled for plenary, 1st reading/single reading: A5-0060/2002
Committee report tabled for plenary, 1st reading: A5-0060/2002
Debate in Council: 2393
Economic and Social Committee: opinion, report: CES1309/2001
Economic and Social Committee: opinion, report: OJ C 036 08.02.2002, p. 0001
Document attached to the procedure: OJ C 271 26.09.2001, p. 0010
Document attached to the procedure: BCE(2001)0025
Legislative proposal: EUR-Lex
Legislative proposal: OJ C 213 31.07.2001, p. 0227 E
Legislative proposal: COM(2001)0213
Legislative proposal published: EUR-Lex
Legislative proposal published: COM(2001)0213
Legislative proposal: EUR-Lex OJ C 213 31.07.2001, p. 0227 E COM(2001)0213
Document attached to the procedure: OJ C 271 26.09.2001, p. 0010 BCE(2001)0025
Economic and Social Committee: opinion, report: CES1309/2001 OJ C 036 08.02.2002, p. 0001
Committee report tabled for plenary, 1st reading/single reading: A5-0060/2002
Text adopted by Parliament, 1st reading/single reading: T5-0112/2002 OJ C 047 27.02.2003, p. 0416-0486 E
Council position: 09754/3/2002 OJ C 253 22.10.2002, p. 0001 E
Commission communication on Council's position: SEC(2002)0995 EUR-Lex
Committee recommendation tabled for plenary, 2nd reading: A5-0367/2002
Text adopted by Parliament, 2nd reading: T5-0548/2002 OJ C 025 29.01.2004, p. 0026-0185 E
Follow-up document: COM(2012)0785 EUR-Lex
Follow-up document: EUR-Lex SWD(2013)0071
Follow-up document: SWD(2017)0272
Follow-up document: SWD(2017)0273

History

(these mark the time of scraping, not the official date of the change)

2023-08-03Show (20) Changes | Timetravel

docs/1/docs/0/url	Old https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:2001:271:SOM:EN:HTML New https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:2001:271:TOC
docs/3	date 2001-12-06T00:00:00 docs title: PE307.449 type Committee draft report body EP
docs/5	date 2002-02-25T00:00:00 docs title: PE307.449/PR1 type Committee draft report body EP
docs/6	date 2002-09-20T00:00:00 docs url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/sec/2002/0995/COM_SEC(2002)0995_EN.pdf title: SEC(2002)0995 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=SECfinal&an_doc=2002&nu_doc=995 title: EUR-Lex summary type Commission communication on Council's position body EC
docs/6	date 2002-02-25T00:00:00 docs title: PE307.449/PR2 type Committee draft report body EP
docs/6/docs/0/url	Old http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/sec/2002/0995/COM_SEC(2002)0995_EN.pdf New http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/sec/2002/0995/COM_SEC(2002)0995_EN.pdf
docs/7	date 2002-02-25T00:00:00 docs title: PE307.449/AM type Amendments tabled in committee body EP
docs/9	date 2012-12-20T00:00:00 docs url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2012/0785/COM_COM(2012)0785_EN.pdf title: COM(2012)0785 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2012&nu_doc=785 title: EUR-Lex summary In accordance with the requirements of Directive 2011/89/EU (FICOD1), the Commission presents a review of Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate (FICOD). It recalls that FICOD1 was adopted following the lessons learnt during the financial crisis of 2007-2009. FICOD1 amended the sector-specific directives to enable supervisors to perform consolidated banking supervision and insurance group supervision at the level of the ultimate parent entity, even where that entity is a mixed financial holding company. Furthermore, FICOD1 revised the rules for the identification of conglomerates, introduced a transparency requirement for the legal and operational structures of groups, and brought alternative investment fund managers within the scope of supplementary supervision in the same way as asset management companies. The report notes that since the adoption of FICOD1 some issues, such as addressing systemic importance of complex groups, and recovery and resolution tools beyond the living wills requirement in FICOD1 have been or will be resolved in other contexts and have therefore become less relevant for this review. The Commission considers that the most relevant issues that could be addressed in a future revision of the financial conglomerates directive are as follows: The criteria for the definition and identification of a conglomerate : the two thresholds for identification of a conglomerate set out in Article 3 of FICOD take into account materiality and proportionality for identifying conglomerates that should be subject to supplementary supervision of group risks. The first threshold restricts supplementary supervision to those conglomerates that carry out business in the financial sector and the second restricts application to very large groups. The combined application of the two thresholds and the use of the available waiver by supervisors have led to a situation where very big banking groups that are also serious players in the European insurance market are not subject to supplementary supervision. Furthermore, the wording of the identification provision may leave room for different ways to determine the significance of cross-sectoral activities. It could be improved to ensure consistent application across sectors and borders. To ensure legal clarity, it is important to have easily understandable and applicable thresholds. However, the question remains whether the thresholds and the waivers should be amended or complemented to enable supervision in a proportionate and risk-based manner. The identification of the parent entity ultimately responsible for meeting the group-wide requirements and the strengthening of enforcement with respect to that entity . The identification of the responsible parent entity would also enhance the effective application of the existing requirements concerning capital adequacy, risk concentrations, intra-group transactions and internal governance. Given the inherent complexity of financial conglomerates, corporate governance should carefully consider and balance the combination of interests of recognised stakeholders of the ultimate parent and the other entities of the group. The governance system should ensure that a common strategy achieves that balance and that regulated entities comply with regulation on an individual and on a group basis. CRD III and the proposal for CRD IV require further strengthening of corporate governance and remuneration policy following the lessons learnt during the crisis. The living will requirement in FICOD1 will be strengthened by the Bank Recovery and Resolution Framework . What these frameworks do not yet cover is the enforceable responsibility of the head of the group or the requirement for this legal entity to be ready for any resolution and to ensure a sound group structure and the treatment of conflicts of interest. The report notes that the regulatory and supervisory environment with regard to credit institutions, insurance undertakings and investment firms is evolving. All the sectoral prudential regulations have been significantly amended on several occasions in the last few years, and even more significant changes to the regulatory rules are pending before the legislators. Furthermore, the proposal for the Banking Union significantly changes the supervisory framework. Therefore, the Commission considers it advisable not to propose a legislative change in 2013. It will keep the situation under constant review to determine an appropriate timing for the revision. type Follow-up document body EC
docs/9/docs/0/url	Old http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2012/0785/COM_COM(2012)0785_EN.pdf New http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2012/0785/COM_COM(2012)0785_EN.pdf
docs/10	date 2002-09-20T00:00:00 docs url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/sec/2002/0995/COM_SEC(2002)0995_EN.pdf title: SEC(2002)0995 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=SECfinal&an_doc=2002&nu_doc=995 title: EUR-Lex summary type Commission communication on Council's position body EC
docs/12	date 2002-11-05T00:00:00 docs title: PE315.009 type Committee draft report body EP
docs/13	date 2002-11-05T00:00:00 docs title: PE315.009/AM type Amendments tabled in committee body EP
docs/14	date 2002-11-05T00:00:00 docs title: PE315.009/AM2 type Amendments tabled in committee body EP
docs/16	date 2012-12-20T00:00:00 docs url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2012/0785/COM_COM(2012)0785_EN.pdf title: COM(2012)0785 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2012&nu_doc=785 title: EUR-Lex summary In accordance with the requirements of Directive 2011/89/EU (FICOD1), the Commission presents a review of Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate (FICOD). It recalls that FICOD1 was adopted following the lessons learnt during the financial crisis of 2007-2009. FICOD1 amended the sector-specific directives to enable supervisors to perform consolidated banking supervision and insurance group supervision at the level of the ultimate parent entity, even where that entity is a mixed financial holding company. Furthermore, FICOD1 revised the rules for the identification of conglomerates, introduced a transparency requirement for the legal and operational structures of groups, and brought alternative investment fund managers within the scope of supplementary supervision in the same way as asset management companies. The report notes that since the adoption of FICOD1 some issues, such as addressing systemic importance of complex groups, and recovery and resolution tools beyond the living wills requirement in FICOD1 have been or will be resolved in other contexts and have therefore become less relevant for this review. The Commission considers that the most relevant issues that could be addressed in a future revision of the financial conglomerates directive are as follows: The criteria for the definition and identification of a conglomerate : the two thresholds for identification of a conglomerate set out in Article 3 of FICOD take into account materiality and proportionality for identifying conglomerates that should be subject to supplementary supervision of group risks. The first threshold restricts supplementary supervision to those conglomerates that carry out business in the financial sector and the second restricts application to very large groups. The combined application of the two thresholds and the use of the available waiver by supervisors have led to a situation where very big banking groups that are also serious players in the European insurance market are not subject to supplementary supervision. Furthermore, the wording of the identification provision may leave room for different ways to determine the significance of cross-sectoral activities. It could be improved to ensure consistent application across sectors and borders. To ensure legal clarity, it is important to have easily understandable and applicable thresholds. However, the question remains whether the thresholds and the waivers should be amended or complemented to enable supervision in a proportionate and risk-based manner. The identification of the parent entity ultimately responsible for meeting the group-wide requirements and the strengthening of enforcement with respect to that entity . The identification of the responsible parent entity would also enhance the effective application of the existing requirements concerning capital adequacy, risk concentrations, intra-group transactions and internal governance. Given the inherent complexity of financial conglomerates, corporate governance should carefully consider and balance the combination of interests of recognised stakeholders of the ultimate parent and the other entities of the group. The governance system should ensure that a common strategy achieves that balance and that regulated entities comply with regulation on an individual and on a group basis. CRD III and the proposal for CRD IV require further strengthening of corporate governance and remuneration policy following the lessons learnt during the crisis. The living will requirement in FICOD1 will be strengthened by the Bank Recovery and Resolution Framework . What these frameworks do not yet cover is the enforceable responsibility of the head of the group or the requirement for this legal entity to be ready for any resolution and to ensure a sound group structure and the treatment of conflicts of interest. The report notes that the regulatory and supervisory environment with regard to credit institutions, insurance undertakings and investment firms is evolving. All the sectoral prudential regulations have been significantly amended on several occasions in the last few years, and even more significant changes to the regulatory rules are pending before the legislators. Furthermore, the proposal for the Banking Union significantly changes the supervisory framework. Therefore, the Commission considers it advisable not to propose a legislative change in 2013. It will keep the situation under constant review to determine an appropriate timing for the revision. type Follow-up document body EC
events/0	date 2001-04-23T00:00:00 type Legislative proposal published body EC docs url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2001&nu_doc=213 title: EUR-Lex title: COM(2001)0213 summary
events/3	date 2002-02-25T00:00:00 type Committee report tabled for plenary, 1st reading body EP docs url: https://www.europarl.europa.eu/doceo/document/A-5-2002-0060_EN.html title: A5-0060/2002
events/4	date 2002-02-25T00:00:00 type Committee report tabled for plenary, 1st reading body EP docs url: https://www.europarl.europa.eu/doceo/document/A-5-2002-0060_EN.html title: A5-0060/2002
events/4/date	Old 2002-02-25T00:00:00 New 2002-02-24T00:00:00
events/8	date 2002-09-11T00:00:00 type Council position published body CSL docs url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=9754%2F02&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 09754/3/2002 summary
events/11	date 2002-11-04T00:00:00 type Committee recommendation tabled for plenary, 2nd reading body EP docs url: https://www.europarl.europa.eu/doceo/document/A-5-2002-0367_EN.html title: A5-0367/2002

2021-12-18Show (35) Changes | Timetravel

docs/1/docs/0/url	Old https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:2001:271:TOC New https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:2001:271:SOM:EN:HTML
docs/2/docs/0/url	Old https://dm.eesc.europa.eu/EESCDocumentSearch/Pages/redresults.aspx?k=(documenttype:AC)(documentnumber:1309)(documentyear:2001)(documentlanguage:EN) New https://dmsearch.eesc.europa.eu/search/public?k=(documenttype:AC)(documentnumber:1309)(documentyear:2001)(documentlanguage:EN)
docs/4	date 2002-02-25T00:00:00 docs url: http://www.europarl.europa.eu/doceo/document/A-5-2002-0060_EN.html title: A5-0060/2002 type Committee report tabled for plenary, 1st reading/single reading body EP
docs/4/docs/0/url	Old http://www.europarl.europa.eu/doceo/document/A-5-2002-0060_EN.html New https://www.europarl.europa.eu/doceo/document/A-5-2002-0060_EN.html
docs/7	date 2002-02-25T00:00:00 docs url: http://www.europarl.europa.eu/doceo/document/A-5-2002-0060_EN.html title: A5-0060/2002 type Committee report tabled for plenary, 1st reading/single reading body EP
docs/8/docs/0/url	Old http://www.europarl.europa.eu/doceo/document/TA-5-2002-0112_EN.html New https://www.europarl.europa.eu/doceo/document/TA-5-2002-0112_EN.html
docs/11	date 2002-11-05T00:00:00 docs url: http://www.europarl.europa.eu/doceo/document/A-5-2002-0367_EN.html title: A5-0367/2002 type Committee recommendation tabled for plenary, 2nd reading body EP
docs/11/docs/0/url	Old http://www.europarl.europa.eu/doceo/document/A-5-2002-0367_EN.html New https://www.europarl.europa.eu/doceo/document/A-5-2002-0367_EN.html
docs/14	date 2002-11-05T00:00:00 docs url: http://www.europarl.europa.eu/doceo/document/A-5-2002-0367_EN.html title: A5-0367/2002 type Committee recommendation tabled for plenary, 2nd reading body EP
docs/15/docs/0/url	Old http://www.europarl.europa.eu/doceo/document/TA-5-2002-0548_EN.html New https://www.europarl.europa.eu/doceo/document/TA-5-2002-0548_EN.html
docs/16/docs/0/url	Old http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2012/0785/COM_COM(2012)0785_EN.pdf New http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2012/0785/COM_COM(2012)0785_EN.pdf
events/0	date 2001-05-02T00:00:00 type Committee referral announced in Parliament, 1st reading/single reading body EP
events/0	date 2001-04-24T00:00:00 type Legislative proposal published body EC docs url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2001&nu_doc=213 title: EUR-Lex title: COM(2001)0213 summary
events/0/type	Old Committee referral announced in Parliament, 1st reading/single reading New Committee referral announced in Parliament, 1st reading
events/1	date 2001-05-02T00:00:00 type Committee referral announced in Parliament, 1st reading/single reading body EP
events/2	date 2002-02-25T00:00:00 type Vote in committee, 1st reading/single reading body EP summary
events/2/type	Old Vote in committee, 1st reading/single reading New Vote in committee, 1st reading
events/3	date 2002-02-25T00:00:00 type Vote in committee, 1st reading/single reading body EP summary
events/3	date 2002-02-25T00:00:00 type Committee report tabled for plenary, 1st reading body EP docs url: https://www.europarl.europa.eu/doceo/document/A-5-2002-0060_EN.html title: A5-0060/2002
events/4	date 2002-03-13T00:00:00 type Debate in Parliament body EP docs url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20020313&type=CRE title: Debate in Parliament
events/4	date 2002-02-25T00:00:00 type Committee report tabled for plenary, 1st reading/single reading body EP docs url: http://www.europarl.europa.eu/doceo/document/A-5-2002-0060_EN.html title: A5-0060/2002
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events/5	date 2002-03-13T00:00:00 type Debate in Parliament body EP docs url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20020313&type=CRE title: Debate in Parliament
events/5	date 2002-03-14T00:00:00 type Decision by Parliament, 1st reading body EP docs url: https://www.europarl.europa.eu/doceo/document/TA-5-2002-0112_EN.html title: T5-0112/2002 summary
events/6	date 2002-03-14T00:00:00 type Decision by Parliament, 1st reading/single reading body EP docs url: http://www.europarl.europa.eu/doceo/document/TA-5-2002-0112_EN.html title: T5-0112/2002 summary
events/8	date 2002-09-12T00:00:00 type Council position published body CSL docs url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=9754%2F02&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 09754/3/2002 summary
events/9	date 2002-11-18T00:00:00 type Debate in Parliament body EP docs url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20021118&type=CRE title: Debate in Parliament
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events/10	date 2002-11-20T00:00:00 type Decision by Parliament, 2nd reading body EP docs url: http://www.europarl.europa.eu/doceo/document/TA-5-2002-0548_EN.html title: T5-0548/2002 summary
events/10/docs/0/url	Old http://www.europarl.europa.eu/doceo/document/TA-5-2002-0548_EN.html New https://www.europarl.europa.eu/doceo/document/TA-5-2002-0548_EN.html
events/11	date 2002-11-05T00:00:00 type Committee recommendation tabled for plenary, 2nd reading body EP docs url: http://www.europarl.europa.eu/doceo/document/A-5-2002-0367_EN.html title: A5-0367/2002
events/12	date 2002-11-18T00:00:00 type Debate in Parliament body EP docs url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20021118&type=CRE title: Debate in Parliament
events/13	date 2002-11-20T00:00:00 type Decision by Parliament, 2nd reading body EP docs url: http://www.europarl.europa.eu/doceo/document/TA-5-2002-0548_EN.html title: T5-0548/2002 summary
procedure/instrument/1	Amending Directive 98/78/EC 1995/0245(COD) Amending Directive 2000/12/EC 1997/0357(COD) Amended by 2003/0263(COD) Amended by 2006/0300(COD) Amended by 2009/0161(COD) Amended by 2010/0232(COD) Amended by 2011/0203(COD)
procedure/instrument/1	Amending Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC, 93/22/EEC Amending Directive 98/78/EC 1995/0245(COD) Amending Directive 2000/12/EC 1997/0357(COD) Amended by 2003/0263(COD) Amended by 2006/0300(COD) Amended by 2009/0161(COD) Amended by 2010/0232(COD) Amended by 2011/0203(COD)

2020-01-19Show (14) Changes | Timetravel

committees/0	type Responsible Committee body EP associated False committee_full Economic and Monetary Affairs committee ECON rapporteur name: LIPIETZ Alain date: 2000-11-06T00:00:00 group: Greens/European Free Alliance abbr: Verts/ALE
committees/0	type Responsible Committee body EP associated False committee_full Economic and Monetary Affairs committee ECON date 2000-11-06T00:00:00 rapporteur name: LIPIETZ Alain group: Greens/European Free Alliance abbr: Verts/ALE
committees/1	type Former Responsible Committee body EP associated False committee_full Economic and Monetary Affairs committee ECON rapporteur name: LIPIETZ Alain date: 2000-11-06T00:00:00 group: Greens/European Free Alliance abbr: Verts/ALE
committees/1	type Former Responsible Committee body EP associated False committee_full Economic and Monetary Affairs committee ECON date 2000-11-06T00:00:00 rapporteur name: LIPIETZ Alain group: Greens/European Free Alliance abbr: Verts/ALE
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docs/15/docs/0/url	Old http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-548 New http://www.europarl.europa.eu/doceo/document/TA-5-2002-0548_EN.html
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events/4/docs/0/url	Old http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-60&language=EN New http://www.europarl.europa.eu/doceo/document/A-5-2002-0060_EN.html
events/6/docs/0/url	Old http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-112 New http://www.europarl.europa.eu/doceo/document/TA-5-2002-0112_EN.html
events/11/docs/0/url	Old http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-367&language=EN New http://www.europarl.europa.eu/doceo/document/A-5-2002-0367_EN.html
events/13/docs/0/url	Old http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-548 New http://www.europarl.europa.eu/doceo/document/TA-5-2002-0548_EN.html

2019-07-12Show (1) Changes | Timetravel

docs/1/docs/0/url

Old

https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:2001:271:TOC

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https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:2001:271:SOM:EN:HTML

2019-07-06Show (17) Changes | Timetravel

activities	date: 2001-04-24T00:00:00 docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2001&nu_doc=213 title: COM(2001)0213 type: Legislative proposal published celexid: CELEX:52001PC0213:EN body: EC commission: DG: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services type: Legislative proposal published date: 2001-05-02T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2000-11-06T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: V/ALE name: LIPIETZ Alain body: EP responsible: False committee_full: Legal Affairs and Internal Market committee: JURI body: CSL meeting_id: 2393 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2393*&MEET_DATE=04/12/2001 type: Debate in Council title: 2393 council: Economic and Financial Affairs ECOFIN date: 2001-12-04T00:00:00 type: Council Meeting body: EP committees: body: EP responsible: True committee: ECON date: 2000-11-06T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: V/ALE name: LIPIETZ Alain body: EP responsible: False committee_full: Legal Affairs and Internal Market committee: JURI docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-60&language=EN type: Committee report tabled for plenary, 1st reading/single reading title: A5-0060/2002 date: 2002-02-25T00:00:00 type: Vote in committee, 1st reading/single reading date: 2002-03-13T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20020313&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament date: 2002-03-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-112 type: Decision by Parliament, 1st reading/single reading title: T5-0112/2002 body: EP type: Decision by Parliament, 1st reading/single reading date: 2002-05-07T00:00:00 body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2424 body: CSL meeting_id: 2444 council: Economic and Financial Affairs ECOFIN date: 2002-07-12T00:00:00 type: Council Meeting date: 2002-09-12T00:00:00 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=9754%2F02&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC type: Council position published title: 09754/3/2002 body: CSL type: Council position published date: 2002-09-24T00:00:00 body: EP type: Committee referral announced in Parliament, 2nd reading committees: body: EP responsible: True committee: ECON date: 2000-11-06T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: V/ALE name: LIPIETZ Alain body: EP committees: body: EP responsible: True committee: ECON date: 2000-11-06T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: V/ALE name: LIPIETZ Alain docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-367&language=EN type: Committee recommendation tabled for plenary, 2nd reading title: A5-0367/2002 date: 2002-11-05T00:00:00 type: Vote in committee, 2nd reading date: 2002-11-18T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20021118&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament date: 2002-11-20T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-548 type: Decision by Parliament, 2nd reading title: T5-0548/2002 body: EP type: Decision by Parliament, 2nd reading date: 2002-12-16T00:00:00 body: CSL type: Final act signed date: 2002-12-16T00:00:00 body: EP type: End of procedure in Parliament date: 2003-02-11T00:00:00 type: Final act published in Official Journal docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32002L0087 title: Directive 2002/87 url: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2003:035:TOC title: OJ L 035 11.02.2003, p. 0001-0027
commission	body: EC dg: Financial Stability, Financial Services and Capital Markets Union commissioner: --
committees/0	type Responsible Committee body EP associated False committee_full Economic and Monetary Affairs committee ECON date 2000-11-06T00:00:00 rapporteur name: LIPIETZ Alain group: Greens/European Free Alliance abbr: Verts/ALE
committees/0	body EP responsible True committee ECON date 2000-11-06T00:00:00 committee_full Economic and Monetary Affairs rapporteur group: V/ALE name: LIPIETZ Alain
committees/1	type Former Responsible Committee body EP associated False committee_full Economic and Monetary Affairs committee ECON date 2000-11-06T00:00:00 rapporteur name: LIPIETZ Alain group: Greens/European Free Alliance abbr: Verts/ALE
committees/1	body EP responsible False committee_full Legal Affairs and Internal Market committee JURI
committees/2	type Former Committee Opinion body EP associated False committee_full Legal Affairs and Internal Market committee JURI opinion False
council	body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2444 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2444&MEET_DATE=12/07/2002 date: 2002-07-12T00:00:00 body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2424 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2424&MEET_DATE=07/05/2002 date: 2002-05-07T00:00:00 body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2393 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2393*&MEET_DATE=04/12/2001 date: 2001-12-04T00:00:00
docs	date: 2001-04-24T00:00:00 docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2001&nu_doc=213 title: EUR-Lex url: https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:2001:213E:SOM:EN:HTML title: OJ C 213 31.07.2001, p. 0227 E title: COM(2001)0213 summary: type: Legislative proposal body: EC date: 2001-09-13T00:00:00 docs: url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:2001:271:TOC title: OJ C 271 26.09.2001, p. 0010 title: BCE(2001)0025 summary: type: Document attached to the procedure body: ECB date: 2001-10-17T00:00:00 docs: url: https://dm.eesc.europa.eu/EESCDocumentSearch/Pages/redresults.aspx?k=(documenttype:AC)(documentnumber:1309)(documentyear:2001)(documentlanguage:EN) title: CES1309/2001 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:2002:036:TOC title: OJ C 036 08.02.2002, p. 0001 type: Economic and Social Committee: opinion, report body: ESC date: 2001-12-06T00:00:00 docs: title: PE307.449 type: Committee draft report body: EP date: 2002-02-25T00:00:00 docs: title: PE307.449/PR1 type: Committee draft report body: EP date: 2002-02-25T00:00:00 docs: title: PE307.449/PR2 type: Committee draft report body: EP date: 2002-02-25T00:00:00 docs: title: PE307.449/AM type: Amendments tabled in committee body: EP date: 2002-02-25T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-60&language=EN title: A5-0060/2002 type: Committee report tabled for plenary, 1st reading/single reading body: EP date: 2002-03-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-112 title: T5-0112/2002 title: OJ C 047 27.02.2003, p. 0416-0486 E summary: type: Text adopted by Parliament, 1st reading/single reading body: EP date: 2002-09-12T00:00:00 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=9754%2F02&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 09754/3/2002 url: https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:2002:253E:SOM:EN:HTML title: OJ C 253 22.10.2002, p. 0001 E summary: type: Council position body: CSL date: 2002-09-20T00:00:00 docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/sec/2002/0995/COM_SEC(2002)0995_EN.pdf title: SEC(2002)0995 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=SECfinal&an_doc=2002&nu_doc=995 title: EUR-Lex summary: type: Commission communication on Council's position body: EC date: 2002-11-05T00:00:00 docs: title: PE315.009 type: Committee draft report body: EP date: 2002-11-05T00:00:00 docs: title: PE315.009/AM type: Amendments tabled in committee body: EP date: 2002-11-05T00:00:00 docs: title: PE315.009/AM2 type: Amendments tabled in committee body: EP date: 2002-11-05T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-367&language=EN title: A5-0367/2002 type: Committee recommendation tabled for plenary, 2nd reading body: EP date: 2002-11-20T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-548 title: T5-0548/2002 title: OJ C 025 29.01.2004, p. 0026-0185 E summary: type: Text adopted by Parliament, 2nd reading body: EP date: 2012-12-20T00:00:00 docs: url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2012/0785/COM_COM(2012)0785_EN.pdf title: COM(2012)0785 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2012&nu_doc=785 title: EUR-Lex summary: In accordance with the requirements of Directive 2011/89/EU (FICOD1), the Commission presents a review of Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate (FICOD). It recalls that FICOD1 was adopted following the lessons learnt during the financial crisis of 2007-2009. FICOD1 amended the sector-specific directives to enable supervisors to perform consolidated banking supervision and insurance group supervision at the level of the ultimate parent entity, even where that entity is a mixed financial holding company. Furthermore, FICOD1 revised the rules for the identification of conglomerates, introduced a transparency requirement for the legal and operational structures of groups, and brought alternative investment fund managers within the scope of supplementary supervision in the same way as asset management companies. The report notes that since the adoption of FICOD1 some issues, such as addressing systemic importance of complex groups, and recovery and resolution tools beyond the living wills requirement in FICOD1 have been or will be resolved in other contexts and have therefore become less relevant for this review. The Commission considers that the most relevant issues that could be addressed in a future revision of the financial conglomerates directive are as follows: The criteria for the definition and identification of a conglomerate : the two thresholds for identification of a conglomerate set out in Article 3 of FICOD take into account materiality and proportionality for identifying conglomerates that should be subject to supplementary supervision of group risks. The first threshold restricts supplementary supervision to those conglomerates that carry out business in the financial sector and the second restricts application to very large groups. The combined application of the two thresholds and the use of the available waiver by supervisors have led to a situation where very big banking groups that are also serious players in the European insurance market are not subject to supplementary supervision. Furthermore, the wording of the identification provision may leave room for different ways to determine the significance of cross-sectoral activities. It could be improved to ensure consistent application across sectors and borders. To ensure legal clarity, it is important to have easily understandable and applicable thresholds. However, the question remains whether the thresholds and the waivers should be amended or complemented to enable supervision in a proportionate and risk-based manner. The identification of the parent entity ultimately responsible for meeting the group-wide requirements and the strengthening of enforcement with respect to that entity . The identification of the responsible parent entity would also enhance the effective application of the existing requirements concerning capital adequacy, risk concentrations, intra-group transactions and internal governance. Given the inherent complexity of financial conglomerates, corporate governance should carefully consider and balance the combination of interests of recognised stakeholders of the ultimate parent and the other entities of the group. The governance system should ensure that a common strategy achieves that balance and that regulated entities comply with regulation on an individual and on a group basis. CRD III and the proposal for CRD IV require further strengthening of corporate governance and remuneration policy following the lessons learnt during the crisis. The living will requirement in FICOD1 will be strengthened by the Bank Recovery and Resolution Framework . What these frameworks do not yet cover is the enforceable responsibility of the head of the group or the requirement for this legal entity to be ready for any resolution and to ensure a sound group structure and the treatment of conflicts of interest. The report notes that the regulatory and supervisory environment with regard to credit institutions, insurance undertakings and investment firms is evolving. All the sectoral prudential regulations have been significantly amended on several occasions in the last few years, and even more significant changes to the regulatory rules are pending before the legislators. Furthermore, the proposal for the Banking Union significantly changes the supervisory framework. Therefore, the Commission considers it advisable not to propose a legislative change in 2013. It will keep the situation under constant review to determine an appropriate timing for the revision. type: Follow-up document body: EC date: 2012-12-20T00:00:00 docs: url: https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=SWD:2013:0071:FIN:EN:PDF title: EUR-Lex title: SWD(2013)0071 summary: The Commission presents a Staff working document which accompanies the Commission’s 2012 report reviewing Directive 2002/87/EC on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate (FICOD) ( please refer to the summary dated 20/12/2012 ). It explains in more detail the analysis carried out by the Commission, building on work done in international fora, discussions with stakeholders, supervisors and Member State experts, and a vast amount of literature on lessons learnt during the crisis with respect to large, complex financial groups. The review is guided by the objective of FICOD, which is to ensure the supplementary supervision of regulated entities that form part of a conglomerate. It aims to analyse whether the current provisions of FICOD, in conjunction with the relevant sectoral rules for group and consolidated supervision, are effective beyond the provisions introduced by FICOD1. type: Follow-up document body: EC date: 2017-07-14T00:00:00 docs: title: SWD(2017)0272 type: Follow-up document body: EC date: 2017-07-14T00:00:00 docs: title: SWD(2017)0273 type: Follow-up document body: EC
events	date: 2001-04-24T00:00:00 type: Legislative proposal published body: EC docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2001&nu_doc=213 title: EUR-Lex title: COM(2001)0213 summary: date: 2001-05-02T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP date: 2001-12-04T00:00:00 type: Debate in Council body: CSL docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2393*&MEET_DATE=04/12/2001 title: 2393 summary: date: 2002-02-25T00:00:00 type: Vote in committee, 1st reading/single reading body: EP summary: date: 2002-02-25T00:00:00 type: Committee report tabled for plenary, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-60&language=EN title: A5-0060/2002 date: 2002-03-13T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20020313&type=CRE title: Debate in Parliament date: 2002-03-14T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-112 title: T5-0112/2002 summary: date: 2002-07-12T00:00:00 type: Resolution/conclusions adopted by Council body: CSL summary: date: 2002-09-12T00:00:00 type: Council position published body: CSL docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=9754%2F02&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 09754/3/2002 summary: date: 2002-09-24T00:00:00 type: Committee referral announced in Parliament, 2nd reading body: EP date: 2002-11-05T00:00:00 type: Vote in committee, 2nd reading body: EP summary: date: 2002-11-05T00:00:00 type: Committee recommendation tabled for plenary, 2nd reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-367&language=EN title: A5-0367/2002 date: 2002-11-18T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20021118&type=CRE title: Debate in Parliament date: 2002-11-20T00:00:00 type: Decision by Parliament, 2nd reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-548 title: T5-0548/2002 summary: date: 2002-12-16T00:00:00 type: Final act signed body: CSL date: 2002-12-16T00:00:00 type: End of procedure in Parliament body: EP date: 2003-02-11T00:00:00 type: Final act published in Official Journal docs: title: Directive 2002/87 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32002L0087 title: OJ L 035 11.02.2003, p. 0001-0027 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2003:035:TOC
other	body: CSL type: Council Meeting council: Former Council configuration body: EC dg: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services
procedure/dossier_of_the_committee	Old ECON/5/16090 New ECON/5/16090
procedure/final/url	Old http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32002L0087 New https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32002L0087
procedure/instrument	Old Directive New Directive Amending Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC, 93/22/EEC Amending Directive 98/78/EC 1995/0245(COD) Amending Directive 2000/12/EC 1997/0357(COD) Amended by 2003/0263(COD) Amended by 2006/0300(COD) Amended by 2009/0161(COD) Amended by 2010/0232(COD) Amended by 2011/0203(COD)
procedure/subject	Old 2.50.03 Securities and financial markets, stock exchange, CIUTS, investments 2.50.04 Banks and credit 2.50.05 Insurance, pension funds 2.50.10 Financial supervision New 2.50.03 Securities and financial markets, stock exchange, CIUTS, investments 2.50.04 Banks and credit 2.50.05 Insurance, pension funds 2.50.10 Financial supervision
procedure/summary	Amended by Amended by Amended by Amended by Amended by Amending Directive 2000/12/EC Amending Directive 98/78/EC Amending Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC, 93/22/EEC
procedure/title	Old Supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate New Supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate

2015-11-04Show (2) Changes | Timetravel

activities/7/meeting_id	Old X017 New 2444
links/European Commission/title	Old PreLex New EUR-Lex

2014-11-10Show (5) Changes

activities	date: 2001-04-24T00:00:00 docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2001&nu_doc=213 celexid: CELEX:52001PC0213:EN type: Legislative proposal published title: COM(2001)0213 type: Legislative proposal published body: EC commission: DG: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services date: 2001-05-02T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2000-11-06T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: V/ALE name: LIPIETZ Alain body: EP responsible: False committee_full: Legal Affairs and Internal Market committee: JURI body: CSL meeting_id: 2393 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2393*&MEET_DATE=04/12/2001 type: Debate in Council title: 2393 council: Economic and Financial Affairs ECOFIN date: 2001-12-04T00:00:00 type: Council Meeting body: EP committees: body: EP responsible: True committee: ECON date: 2000-11-06T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: V/ALE name: LIPIETZ Alain body: EP responsible: False committee_full: Legal Affairs and Internal Market committee: JURI docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-60&language=EN type: Committee report tabled for plenary, 1st reading/single reading title: A5-0060/2002 date: 2002-02-25T00:00:00 type: Vote in committee, 1st reading/single reading date: 2002-03-13T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20020313&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament date: 2002-03-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-112 type: Decision by Parliament, 1st reading/single reading title: T5-0112/2002 body: EP type: Decision by Parliament, 1st reading/single reading date: 2002-05-07T00:00:00 body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2424 body: CSL meeting_id: X017 council: Economic and Financial Affairs ECOFIN date: 2002-07-12T00:00:00 type: Council Meeting date: 2002-09-12T00:00:00 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=9754%2F02&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC type: Council position published title: 09754/3/2002 body: CSL type: Council position published date: 2002-09-24T00:00:00 body: EP type: Committee referral announced in Parliament, 2nd reading committees: body: EP responsible: True committee: ECON date: 2000-11-06T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: V/ALE name: LIPIETZ Alain body: EP committees: body: EP responsible: True committee: ECON date: 2000-11-06T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: V/ALE name: LIPIETZ Alain docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A5-2002-367&language=EN type: Committee recommendation tabled for plenary, 2nd reading title: A5-0367/2002 date: 2002-11-05T00:00:00 type: Vote in committee, 2nd reading date: 2002-11-18T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=20021118&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament date: 2002-11-20T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P5-TA-2002-548 type: Decision by Parliament, 2nd reading title: T5-0548/2002 body: EP type: Decision by Parliament, 2nd reading date: 2002-12-16T00:00:00 body: CSL type: Final act signed date: 2002-12-16T00:00:00 body: EP type: End of procedure in Parliament date: 2003-02-11T00:00:00 type: Final act published in Official Journal docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32002L0087 title: Directive 2002/87 url: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2003:035:TOC title: OJ L 035 11.02.2003, p. 0001-0027
committees	body: EP responsible: True committee: ECON date: 2000-11-06T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: V/ALE name: LIPIETZ Alain body: EP responsible: False committee_full: Legal Affairs and Internal Market committee: JURI
links	European Commission url: http://ec.europa.eu/prelex/liste_resultats.cfm?CL=en&ReqId=0&DocType=COD&DocYear=2001&DocNum=0095 title: PreLex
other	body: CSL type: Council Meeting council: Former Council configuration body: EC dg: url: http://ec.europa.eu/dgs/internal_market/ title: Internal Market and Services
procedure	dossier_of_the_committee ECON/5/16090 reference 2001/0095(COD) instrument Directive legal_basis EC Treaty (after Amsterdam) EC 047-p2 stage_reached Procedure completed summary Amended by Amended by Amended by Amended by Amending Directive 2000/12/EC Amending Directive 98/78/EC Amending Directives 73/239/EEC, 79/267/EEC, 92/49/EEC, 92/96/EEC, 93/6/EEC, 93/22/EEC subtype Legislation title Supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate type COD - Ordinary legislative procedure (ex-codecision procedure) final url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32002L0087 title: Directive 2002/87 subject 2.50.03 Securities and financial markets, stock exchange, CIUTS, investments 2.50.04 Banks and credit 2.50.05 Insurance, pension funds 2.50.10 Financial supervision

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ECON/5/16090

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