BETA


2006/0283(COD) Capital adequacy of investment firms and credit institutions: implementing powers conferred on the Commission

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead ECON BERÈS Pervenche (icon: PSE PSE)
Lead committee dossier:
Legal Basis:
EC Treaty (after Amsterdam) EC 047-p2

Events

2008/03/19
   Final act published in Official Journal
Details

PURPOSE: to amend Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions by introducing a reference to the new regulatory procedure with scrutiny (comitology).

LEGISLATIVE ACT: Directive 2008/23/ECof the European Parliament and of the Council amending Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions, as regards the implementing powers conferred on the Commission.

CONTENT: to recall, Council Decision 1999/468/EC laying down the procedures for the exercise of implementing powers conferred on the Commission has been amended by Council Decision 2006/512/EC ( CNS/2002/0298 ).

The amended Decision introduces a new regulatory procedure with scrutiny to be used for measures of general scope which seek to amend non-essential elements of a basic instrument, adopted under co-decision. This may include deleting some of those elements or supplementing the instrument, by the addition of new non-essential elements.

This procedure allows the legislator to oppose the adoption of "quasi-legislative" measures implementing a codecision-based instrument in cases where:

the draft may exceed the implementing powers provided for in the basic instrument; the draft is incompatible with the aim or the content of that instrument; or the draft fails to respect the principles of subsidiarity or proportionality.

In a joint statement, the three institutions agreed on a list of 26 basic instruments already in force to be adjusted without delay in accordance with the new regulatory procedure with scrutiny (see ACI/2006/2152 ). Each case has been assessed on the nature of the implementing powers conferred on the Commission and the specificity of each sector.

The purpose of this act, therefore, is to amend Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions, by introducing the new regulatory procedure with scrutiny .

By 31 December 2010, and thereafter at least every three years, the Commission shall review the provisions concerning its implementing powers and present a report to the European Parliament and to the Council on the functioning of those powers and on the need for the Commission to propose possible amendments.

ENTRY INTO FORCE: 20 March 2008.

2008/03/11
   CSL - Draft final act
Documents
2008/03/11
   CSL - Final act signed
2008/03/11
   EP - End of procedure in Parliament
2008/03/03
   EP/CSL - Act adopted by Council after Parliament's 1st reading
2008/03/03
   CSL - Council Meeting
2007/12/18
   EC - Commission response to text adopted in plenary
Documents
2007/11/14
   EP - Results of vote in Parliament
2007/11/14
   EP - Decision by Parliament, 1st reading
Details

The European Parliament adopted a resolution drafted by Pervenche BERES (PES, FR) the proposal for a directive of the European Parliament and of the Council amending Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions, as regards the implementing powers conferred on the Commission.

Parliament inserted a sunset clause, stating that by 31 December 2010 and, thereafter, at least every 3 years, the Commission shall review the provisions concerning its implementing powers and present a report to the European Parliament and to the Council on the functioning of those powers. The report shall examine, in particular, the need for the Commission to propose amendments to the Directive in order to ensure the appropriate scope of the implementing powers conferred on the Commission. The conclusion as to whether a modification is necessary or not shall be accompanied by a detailed statement of reasons. If necessary, the report shall be accompanied by a legislative proposal to modify the provisions conferring implementing powers on the Commission.

Documents
2007/11/07
   EP - Committee report tabled for plenary, 1st reading/single reading
Documents
2007/11/07
   EP - Committee report tabled for plenary, 1st reading
Documents
2007/11/05
   EP - Vote in committee, 1st reading
Details

The Committee on Economic and Monetary Affairs adopted the report by Pervenche BERES (PES, FR) approving with amendments – at 1 st reading of the codecision procedure – the proposal for a directive of the European Parliament and of the Council amending Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions, as regards the implementing powers conferred on the Commission.

Directive 2006/49/EC establishes a capital adequacy regime for investment firms and complements that for credit institutions (banks). Comitology provisions have been foreseen for adjustments of the calculations concerning position risk, settlement and counterparty risk, foreign exchange risk, commodities risk, large exposure risk and provisions relating to trading activity, as well as for adjustments of definitions and monetary thresholds in line with the economic developments.

In general, the committee supports the introduction of the new regulatory procedure with scrutiny for this Directive (2004/49/EC). It feels however that the recitals and articles referring to the so called "sunset clause" should be kept, since there are still some remaining questions to be solved between the EU institutions as to the new procedure.

More specifically, the report calls for the Commission to evaluate, at regular intervals, the functioning of the provisions concerning the implementing powers conferred on it in order to allow the European Parliament and the Council to determine whether the extent of those powers and the procedural requirements imposed on the Commission are appropriate and ensure both efficiency and democratic accountability.

It also notes that by 31 December 2009, and, thereafter, at least every 3 years, the Commission shall review the provisions concerning its implementing powers and present a report to the European Parliament and to the Council on the functioning of those provisions and on the need for any modifications thereto. The Commission shall examine, in particular, the need for any modifications in order to ensure an appropriate delimitation of the implementing powers conferred on it and full respect for all conditions applicable to the exercise of those powers. The report shall be accompanied by a legislative proposal to modify those provisions. Should the report conclude that there is no need for any modification to existing provisions, it shall set out a detailed statement of reasons explaining why none is deemed to be necessary.

2007/10/04
   EP - Amendments tabled in committee
Documents
2007/09/18
   EP - Committee draft report
Documents
2007/02/15
   ECB - European Central Bank: opinion, guideline, report
Details

The European Central Bank adopted an Opinion at the request of the Council of the European Union on eight proposals amending Directives 2006/49/EC, 2006/48/EC, 2005/60/EC, 2004/109/EC, 2004/39/EC, 2003/71/EC, 2003/6/EC and 2002/87/EC, as regards the implementing powers conferred on the Commission.

The ECB welcomes the new agreement on comitology reached between the European Parliament, the Council and the Commission, which is of great importance for the continued functioning of the Lamfalussy process.

The ECB has no specific comments on the proposals which are in line with the joint statement of the European Parliament, the Council and the Commission on the introduction of the new ‘regulatory procedure with scrutiny’ into the comitology framework).

Having regard to the importance of the role played by implementing measures in EU legislation in the financial services field, the ECB takes this opportunity to underline the importance of its advisory role under Article 105(4) of the Treaty, which requires the ECB to be consulted ‘on any proposed Community act in its fields of competence’.

As recently noted, the ECB considers that proposed Level 2 acts constitute “proposed Community acts” within the meaning of Article 105(4) of the Treaty’. Therefore the Treaty provision which requires the ECB to be consulted on any proposed Community act in its field of competence includes an obligation for it to be consulted on these implementing acts.

It should be noted that the lack of consultation between Community institutions has been the subject of several judgments by the Court of Justice. As far as Article 105(4) of the Treaty is concerned, in Case C-11/00 Commission v European Central Bank [2003] ECR I-7147, Advocate General Jacobs emphasised that: ‘Consultation of the ECB on proposed measures in its field of competence is a procedural step, required by a provision of the Treaty, which is clearly capable of affecting the content of the measures adopted. Failure to comply with such requirement must, in my view, be capable of leading to the annulment of the measures adopted’,

2007/02/13
   EP - BERÈS Pervenche (PSE) appointed as rapporteur in ECON
2007/01/17
   EP - Committee referral announced in Parliament, 1st reading
2006/12/22
   EC - Legislative proposal
Details

PURPOSE: to amend Directive 2006/49/EC on the capital adequacy of investment firms and credit Institutions by introducing a reference to the new regulatory procedure with scrutiny (comitology).

PROPOSED ACT: Directive of the European Parliament and of the Council.

CONTENT: Council Decision 1999/468/EC laying down the procedures for the exercise of implementing powers conferred on the Commission has been amended by Council Decision 2006/512/EC ( CNS/2002/0298 ).

The amended Decision introduces a new regulatory procedure with scrutiny to be used for measures of general scope which seek to amend non-essential elements of a basic instrument, adopted under co-decision, including by deleting some of those elements or by supplementing the instrument by the addition of new non-essential elements.

This procedure allows the legislator to oppose the adoption of "quasi-legislative" measures implementing a codecision-based instrument when it considers that the draft exceeds the implementing powers provided for in the basic instrument, or that the draft is incompatible with the aim or the content of that instrument or fails to respect the principles of subsidiarity or proportionality.

In a joint statement, the three institutions agreed on a list of 26 basic instruments already in force to be adjusted without delay in accordance with the new regulatory procedure with scrutiny (see ACI/2006/2152 ). Each case has been assessed on its own merits, notably in view of the nature of the implementing powers conferred on the Commission and the specificity of each sector.

Lastly, in accordance with the abovementioned statement, the Commission is proposing to repeal any provisions of these instruments that provide for a time-limit on the delegation of implementing powers to the Commission.

2006/12/21
   EC - Legislative proposal published
Details

PURPOSE: to amend Directive 2006/49/EC on the capital adequacy of investment firms and credit Institutions by introducing a reference to the new regulatory procedure with scrutiny (comitology).

PROPOSED ACT: Directive of the European Parliament and of the Council.

CONTENT: Council Decision 1999/468/EC laying down the procedures for the exercise of implementing powers conferred on the Commission has been amended by Council Decision 2006/512/EC ( CNS/2002/0298 ).

The amended Decision introduces a new regulatory procedure with scrutiny to be used for measures of general scope which seek to amend non-essential elements of a basic instrument, adopted under co-decision, including by deleting some of those elements or by supplementing the instrument by the addition of new non-essential elements.

This procedure allows the legislator to oppose the adoption of "quasi-legislative" measures implementing a codecision-based instrument when it considers that the draft exceeds the implementing powers provided for in the basic instrument, or that the draft is incompatible with the aim or the content of that instrument or fails to respect the principles of subsidiarity or proportionality.

In a joint statement, the three institutions agreed on a list of 26 basic instruments already in force to be adjusted without delay in accordance with the new regulatory procedure with scrutiny (see ACI/2006/2152 ). Each case has been assessed on its own merits, notably in view of the nature of the implementing powers conferred on the Commission and the specificity of each sector.

Lastly, in accordance with the abovementioned statement, the Commission is proposing to repeal any provisions of these instruments that provide for a time-limit on the delegation of implementing powers to the Commission.

Documents

History

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

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  • date: 2007-01-17T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2007-02-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERÈS Pervenche
  • date: 2007-11-05T00:00:00 body: EP committees: body: EP responsible: True committee: ECON date: 2007-02-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERÈS Pervenche type: Vote in committee, 1st reading/single reading
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  • date: 2008-03-03T00:00:00 body: CSL type: Council Meeting council: Environment meeting_id: 2856
  • date: 2008-03-03T00:00:00 body: EP/CSL type: Act adopted by Council after Parliament's 1st reading
  • date: 2008-03-11T00:00:00 body: CSL type: Final act signed
  • date: 2008-03-11T00:00:00 body: EP type: End of procedure in Parliament
  • date: 2008-03-19T00:00:00 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=32008L0023 title: Directive 2008/23 url: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2008:076:TOC title: OJ L 076 19.03.2008, p. 0054
commission
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docs
  • date: 2007-02-15T00:00:00 docs: url: https://eur-lex.europa.eu/LexUriServ/LexUriServ.do?uri=CELEX:52007AB0004:EN:NOT title: CON/2007/0004 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:2007:039:TOC title: OJ C 039 23.02.2007, p. 0001 summary: The European Central Bank adopted an Opinion at the request of the Council of the European Union on eight proposals amending Directives 2006/49/EC, 2006/48/EC, 2005/60/EC, 2004/109/EC, 2004/39/EC, 2003/71/EC, 2003/6/EC and 2002/87/EC, as regards the implementing powers conferred on the Commission. The ECB welcomes the new agreement on comitology reached between the European Parliament, the Council and the Commission, which is of great importance for the continued functioning of the Lamfalussy process. The ECB has no specific comments on the proposals which are in line with the joint statement of the European Parliament, the Council and the Commission on the introduction of the new ‘regulatory procedure with scrutiny’ into the comitology framework). Having regard to the importance of the role played by implementing measures in EU legislation in the financial services field, the ECB takes this opportunity to underline the importance of its advisory role under Article 105(4) of the Treaty, which requires the ECB to be consulted ‘on any proposed Community act in its fields of competence’. As recently noted, the ECB considers that proposed Level 2 acts constitute “proposed Community acts” within the meaning of Article 105(4) of the Treaty’. Therefore the Treaty provision which requires the ECB to be consulted on any proposed Community act in its field of competence includes an obligation for it to be consulted on these implementing acts. It should be noted that the lack of consultation between Community institutions has been the subject of several judgments by the Court of Justice. As far as Article 105(4) of the Treaty is concerned, in Case C-11/00 Commission v European Central Bank [2003] ECR I-7147, Advocate General Jacobs emphasised that: ‘Consultation of the ECB on proposed measures in its field of competence is a procedural step, required by a provision of the Treaty, which is clearly capable of affecting the content of the measures adopted. Failure to comply with such requirement must, in my view, be capable of leading to the annulment of the measures adopted’, type: European Central Bank: opinion, guideline, report body: ECB
  • date: 2007-09-18T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE390.364 title: PE390.364 type: Committee draft report body: EP
  • date: 2007-10-04T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE396.423 title: PE396.423 type: Amendments tabled in committee body: EP
  • date: 2007-11-07T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2007-419&language=EN title: A6-0419/2007 type: Committee report tabled for plenary, 1st reading/single reading body: EP
  • date: 2007-12-18T00:00:00 docs: url: /oeil/spdoc.do?i=14255&j=0&l=en title: SP(2007)6527 type: Commission response to text adopted in plenary
  • date: 2008-03-11T00:00:00 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=[%n4]%2F08&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 03671/2007/LEX type: Draft final act body: CSL
events
  • date: 2006-12-22T00:00:00 type: Legislative proposal published body: EC docs: url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2006/0901/COM_COM(2006)0901_EN.pdf title: COM(2006)0901 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2006&nu_doc=901 title: EUR-Lex summary: PURPOSE: to amend Directive 2006/49/EC on the capital adequacy of investment firms and credit Institutions by introducing a reference to the new regulatory procedure with scrutiny (comitology). PROPOSED ACT: Directive of the European Parliament and of the Council. CONTENT: Council Decision 1999/468/EC laying down the procedures for the exercise of implementing powers conferred on the Commission has been amended by Council Decision 2006/512/EC ( CNS/2002/0298 ). The amended Decision introduces a new regulatory procedure with scrutiny to be used for measures of general scope which seek to amend non-essential elements of a basic instrument, adopted under co-decision, including by deleting some of those elements or by supplementing the instrument by the addition of new non-essential elements. This procedure allows the legislator to oppose the adoption of "quasi-legislative" measures implementing a codecision-based instrument when it considers that the draft exceeds the implementing powers provided for in the basic instrument, or that the draft is incompatible with the aim or the content of that instrument or fails to respect the principles of subsidiarity or proportionality. In a joint statement, the three institutions agreed on a list of 26 basic instruments already in force to be adjusted without delay in accordance with the new regulatory procedure with scrutiny (see ACI/2006/2152 ). Each case has been assessed on its own merits, notably in view of the nature of the implementing powers conferred on the Commission and the specificity of each sector. Lastly, in accordance with the abovementioned statement, the Commission is proposing to repeal any provisions of these instruments that provide for a time-limit on the delegation of implementing powers to the Commission.
  • date: 2007-01-17T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2007-11-05T00:00:00 type: Vote in committee, 1st reading/single reading body: EP summary: The Committee on Economic and Monetary Affairs adopted the report by Pervenche BERES (PES, FR) approving with amendments – at 1 st reading of the codecision procedure – the proposal for a directive of the European Parliament and of the Council amending Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions, as regards the implementing powers conferred on the Commission. Directive 2006/49/EC establishes a capital adequacy regime for investment firms and complements that for credit institutions (banks). Comitology provisions have been foreseen for adjustments of the calculations concerning position risk, settlement and counterparty risk, foreign exchange risk, commodities risk, large exposure risk and provisions relating to trading activity, as well as for adjustments of definitions and monetary thresholds in line with the economic developments. In general, the committee supports the introduction of the new regulatory procedure with scrutiny for this Directive (2004/49/EC). It feels however that the recitals and articles referring to the so called "sunset clause" should be kept, since there are still some remaining questions to be solved between the EU institutions as to the new procedure. More specifically, the report calls for the Commission to evaluate, at regular intervals, the functioning of the provisions concerning the implementing powers conferred on it in order to allow the European Parliament and the Council to determine whether the extent of those powers and the procedural requirements imposed on the Commission are appropriate and ensure both efficiency and democratic accountability. It also notes that by 31 December 2009, and, thereafter, at least every 3 years, the Commission shall review the provisions concerning its implementing powers and present a report to the European Parliament and to the Council on the functioning of those provisions and on the need for any modifications thereto. The Commission shall examine, in particular, the need for any modifications in order to ensure an appropriate delimitation of the implementing powers conferred on it and full respect for all conditions applicable to the exercise of those powers. The report shall be accompanied by a legislative proposal to modify those provisions. Should the report conclude that there is no need for any modification to existing provisions, it shall set out a detailed statement of reasons explaining why none is deemed to be necessary.
  • date: 2007-11-07T00:00:00 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=A6-2007-419&language=EN title: A6-0419/2007
  • date: 2007-11-14T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=14255&l=en title: Results of vote in Parliament
  • date: 2007-11-14T00:00:00 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=P6-TA-2007-512 title: T6-0512/2007 summary: The European Parliament adopted a resolution drafted by Pervenche BERES (PES, FR) the proposal for a directive of the European Parliament and of the Council amending Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions, as regards the implementing powers conferred on the Commission. Parliament inserted a sunset clause, stating that by 31 December 2010 and, thereafter, at least every 3 years, the Commission shall review the provisions concerning its implementing powers and present a report to the European Parliament and to the Council on the functioning of those powers. The report shall examine, in particular, the need for the Commission to propose amendments to the Directive in order to ensure the appropriate scope of the implementing powers conferred on the Commission. The conclusion as to whether a modification is necessary or not shall be accompanied by a detailed statement of reasons. If necessary, the report shall be accompanied by a legislative proposal to modify the provisions conferring implementing powers on the Commission.
  • date: 2008-03-03T00:00:00 type: Act adopted by Council after Parliament's 1st reading body: EP/CSL
  • date: 2008-03-11T00:00:00 type: Final act signed body: CSL
  • date: 2008-03-11T00:00:00 type: End of procedure in Parliament body: EP
  • date: 2008-03-19T00:00:00 type: Final act published in Official Journal summary: PURPOSE: to amend Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions by introducing a reference to the new regulatory procedure with scrutiny (comitology). LEGISLATIVE ACT: Directive 2008/23/ECof the European Parliament and of the Council amending Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions, as regards the implementing powers conferred on the Commission. CONTENT: to recall, Council Decision 1999/468/EC laying down the procedures for the exercise of implementing powers conferred on the Commission has been amended by Council Decision 2006/512/EC ( CNS/2002/0298 ). The amended Decision introduces a new regulatory procedure with scrutiny to be used for measures of general scope which seek to amend non-essential elements of a basic instrument, adopted under co-decision. This may include deleting some of those elements or supplementing the instrument, by the addition of new non-essential elements. This procedure allows the legislator to oppose the adoption of "quasi-legislative" measures implementing a codecision-based instrument in cases where: the draft may exceed the implementing powers provided for in the basic instrument; the draft is incompatible with the aim or the content of that instrument; or the draft fails to respect the principles of subsidiarity or proportionality. In a joint statement, the three institutions agreed on a list of 26 basic instruments already in force to be adjusted without delay in accordance with the new regulatory procedure with scrutiny (see ACI/2006/2152 ). Each case has been assessed on the nature of the implementing powers conferred on the Commission and the specificity of each sector. The purpose of this act, therefore, is to amend Directive 2006/49/EC on the capital adequacy of investment firms and credit institutions, by introducing the new regulatory procedure with scrutiny . By 31 December 2010, and thereafter at least every three years, the Commission shall review the provisions concerning its implementing powers and present a report to the European Parliament and to the Council on the functioning of those powers and on the need for the Commission to propose possible amendments. ENTRY INTO FORCE: 20 March 2008. docs: title: Directive 2008/23 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32008L0023 title: OJ L 076 19.03.2008, p. 0054 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2008:076:TOC
other
  • body: EC dg: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs commissioner: ALMUNIA Joaquín
procedure/dossier_of_the_committee
Old
ECON/6/44440
New
  • ECON/6/44440
procedure/final/url
Old
http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32008L0023
New
https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32008L0023
procedure/instrument
Old
Directive
New
  • Directive
  • Amending Directive 2006/49/EC 2004/0159(COD)
procedure/subject
Old
  • 2.50.04 Banks and credit
  • 2.50.08 Financial services, financial reporting and auditing
New
2.50.04
Banks and credit
2.50.08
Financial services, financial reporting and auditing
procedure/summary
  • Amending Directive 2006/49/EC
activities/0/docs/0/url
Old
http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2006/0901/COM_COM(2006)0901_EN.pdf
New
http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2006/0901/COM_COM(2006)0901_EN.pdf
links/European Commission/title
Old
PreLex
New
EUR-Lex
activities
  • date: 2006-12-22T00:00:00 docs: url: http://www.europarl.europa.eu/registre/docs_autres_institutions/commission_europeenne/com/2006/0901/COM_COM(2006)0901_EN.pdf celexid: CELEX:52006PC0901:EN type: Legislative proposal published title: COM(2006)0901 type: Legislative proposal published body: EC commission: DG: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs Commissioner: ALMUNIA Joaquín
  • date: 2007-01-17T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: True committee: ECON date: 2007-02-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERÈS Pervenche
  • date: 2007-11-05T00:00:00 body: EP committees: body: EP responsible: True committee: ECON date: 2007-02-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERÈS Pervenche type: Vote in committee, 1st reading/single reading
  • date: 2007-11-07T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A6-2007-419&language=EN type: Committee report tabled for plenary, 1st reading/single reading title: A6-0419/2007 body: EP committees: body: EP responsible: True committee: ECON date: 2007-02-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERÈS Pervenche type: Committee report tabled for plenary, 1st reading/single reading
  • date: 2007-11-14T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=14255&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P6-TA-2007-512 type: Decision by Parliament, 1st reading/single reading title: T6-0512/2007 body: EP type: Results of vote in Parliament
  • date: 2008-03-03T00:00:00 body: CSL type: Council Meeting council: Environment meeting_id: 2856
  • date: 2008-03-03T00:00:00 body: EP/CSL type: Act adopted by Council after Parliament's 1st reading
  • date: 2008-03-11T00:00:00 body: CSL type: Final act signed
  • date: 2008-03-11T00:00:00 body: EP type: End of procedure in Parliament
  • date: 2008-03-19T00:00:00 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=32008L0023 title: Directive 2008/23 url: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2008:076:TOC title: OJ L 076 19.03.2008, p. 0054
committees
  • body: EP responsible: True committee: ECON date: 2007-02-13T00:00:00 committee_full: Economic and Monetary Affairs rapporteur: group: PSE name: BERÈS Pervenche
links
National parliaments
European Commission
other
  • body: EC dg: url: http://ec.europa.eu/dgs/economy_finance/index_en.htm title: Economic and Financial Affairs commissioner: ALMUNIA Joaquín
procedure
dossier_of_the_committee
ECON/6/44440
reference
2006/0283(COD)
instrument
Directive
legal_basis
EC Treaty (after Amsterdam) EC 047-p2
stage_reached
Procedure completed
summary
Amending Directive 2006/49/EC
subtype
Legislation
title
Capital adequacy of investment firms and credit institutions: implementing powers conferred on the Commission
type
COD - Ordinary legislative procedure (ex-codecision procedure)
final
subject