Activites

• 2014/04/03 Decision by Parliament, 1st reading/single reading
  • T7-0321/2014 summary

    The European Parliament adopted a decision concerning the discharge to be granted to the Executive Director of the European Securities and Markets Authority (ESMA) in respect of the implementation of the Authority's budget for the financial year 2012. The vote on the discharge decision approved the closure of the accounts (in accordance with Annex VI, Article 5(1) of the Rules of Procedure of the European Parliament. Noting that the Court of Auditors stated that it has obtained reasonable assurances that the annual accounts of the Authority for the financial year 2012 are reliable, and that the underlying transactions are legal and regular, Parliament adopted by 491 votes to 70, with 23 abstentions, a resolution containing a series of recommendations that form an integral part of the discharge decision and as well as the general recommendations that appear in the draft resolution on performance, financial management and control of EU agencies. These recommendations are summarised as follows: Budget and financial management: Parliament noted that budget monitoring efforts during the financial year 2012 resulted in a budget implementation rate of 86.12% and that the payment appropriations execution rate was 65.22%. Carryovers: Parliament regretted that according to the Court of Auditors’ annual audit, EUR 2.8 million (14%) of total appropriations were cancelled and EUR 4.2 million (21%) were carried over to 2013; this was mainly caused by the fact that a significant contract for works on the Authority’s premises was awarded in December 2012 (EUR 600 000). Performance: Parliament requested that the Authority communicate the results and impact its work has on European citizens in an accessible way, mainly through its website. It also made a series of observations on transfers, procurement and recruitment procedures as well as comments on internal controls. Lastly, Parliament acknowledged that following the Court of Auditors' Special Report No 15/2012, the Authority revised its ethics guidelines on the basis of the Commission's Guidelines on the Prevention and Management of Conflicts of Interests in EU Decentralised Agencies. It welcomed them and the fact that they were considered as best practices.

• 2014/04/02 Debate in Parliament
  • Debate in Parliament
• 2014/03/21 Committee report tabled for plenary, single reading
  • A7-0231/2014 summary

    The Committee on Budgetary Control adopted the report by Petri SARVAMAA (EPP, FI) in which it recommended the European Parliament to grant discharge to the Executive Director of the European Securities and Markets Authority (ESMA) in respect of the implementation of the Authority's budget for the financial year 2012. Noting that the Court of Auditors stated that it has obtained reasonable assurances that the annual accounts of the Authority for the financial year 2012 are reliable, and that the underlying transactions are legal and regular, Members approved the closure of the Authority’s accounts. They made, however, a number of recommendations that needed to be taken into account when the discharge is granted, in addition to the general recommendations that appear in the draft resolution on performance, financial management and control of EU agencies. Budget and financial management: Members noted that budget monitoring efforts during the financial year 2012 resulted in a budget implementation rate of 86.12% and that the payment appropriations execution rate was 65.22%. Carryovers: Members regretted that according to the Court of Auditors’ annual audit, EUR 2.8 million (14%) of total appropriations were cancelled and EUR 4.2 million (21%) were carried over to 2013; this was mainly caused by the fact that a significant contract for works on the Authority’s premises was awarded in December 2012 (EUR 600 000). Members also made a series of observations on transfers, procurement and recruitment procedures as well as comments on internal controls. Lastly, they acknowledged that following the Court of Auditors' Special Report No 15/2012, the Authority revised its ethics guidelines on the basis of the Commission's Guidelines on the Prevention and Management of Conflicts of Interests in EU Decentralised Agencies. They welcomed them and the fact that they were considered as best practices.

• 2014/03/17 Vote in committee, 1st reading/single reading
• 2013/10/22 Committee referral announced in Parliament, 1st reading/single reading
• 2013/07/26 Non-legislative basic document published
  • COM(2013)0570 summary

    PURPOSE: presentation by the Commission of the consolidated annual accounts of the European Union for the financial year 2012, as part of the 2012 discharge procedure. Analysis of the accounts of the European Securities and Markets Authority (ESMA). CONTENT: this Commission document sets out the consolidated annual accounts of the European Union for the financial year 2012 as prepared on the basis of the information presented by the institutions, organisations and bodies of the EU, in accordance with Article 129 (2) of the Financial Regulation applicable to the EU's General Budget, including the European Securities and Markets Authority (ESMA). In 2012, the tasks and budget of this agency were as follows: description of ESMA's tasks: ESMA, which is located in Frankfurt, was set up by Regulation (EU) No 1095/2010 of the European Parliament and of the Council with a view to protecting the public interest by contributing to the short, medium and long-term stability and efficiency of the financial system for the economy of the European Union, its citizens and its companies; ESMA's budget for the 2012 financial year: ESMA’s budget for 2012, as presented in the Commission document on the consolidated annual accounts of the European Union, gives the following figures: §         Commitment appropriations : - committed : EUR 20 million; - paid : EUR 17 million; - carried-over : 0. §         Payment appropriations : - committed : EUR 22 million; - paid : EUR 15 million; - carried-over : EUR 4 million. Please refer also to the final accounts of the Securities and Market Authority

  • DG {'url': 'http://ec.europa.eu/dgs/budget/', 'title': 'Budget'}, ŠEMETA Algirdas

Documents

• Non-legislative basic document published: COM(2013)0570
• Committee report tabled for plenary, single reading: A7-0231/2014
• Debate in Parliament: Debate in Parliament
• Decision by Parliament, 1st reading/single reading: T7-0321/2014

Amendments

Dossier

28

2013/2239(DEC) 2014/01/23 ECON 11 amendments... Amendment 1 # Ildikó GÁLL-PELCZ Draft opinion Paragraph 1 1. Recalls that the European Parliament was a key driver in the establishment of the ESMA and that the European Supervisory Authorities (ESA's) are still in a setting-up phase; considers, therefore, that better coordination and supervision of these authorities are needed at European level; Amendment 10 # Anne E. JENSEN, Nils TORVALDS, Olle SCHMIDT Draft opinion Paragraph 8 8. Concludes that the current financing arrangements of ESMA pose a threat to its independence and therefore calls on the Commission to propose an independent budget line during the review of its regulation; recommends full financing of ESMA from the EU budget and/or fees paid by the market participants. Amendment 11 # Ildikó GÁLL-PELCZ Draft opinion Paragraph 8 8. Concludes, for precisely that reason, that the current financing arrangements of ESMA may pose a threat to its independence and therefore calls on the Commission to proposcreate an independent budget line for it during the review of its regulation. Amendment 2 # Ildikó GÁLL-PELCZ Draft opinion Paragraph 2 2. Believes that the Authority's role in promoting stable and safe financial markets, in the stability of the European financial system and in bringing about secure operation of the European equities market is essential for the economic recovery and the creation of sustainable jobs and growth in Europe; Amendment 3 # Ildikó GÁLL-PELCZ Draft opinion Paragraph 4 4. Welcomes that as on September 2013 three corrective actions were finalised following the comments of the Court of Auditors in 2011 and recalls that this process must be fully completed including the suggested cancellation of carry-overs and also including transparency of selection procedures and including inadequacies of budgetary planning; Amendment 4 # Ildikó GÁLL-PELCZ Draft opinion Paragraph 5 5. Notes that corrective actions as regards budgetary planning and implementation, the management of fixed assets and the transparency of recruitment processes are still ongoing and are still, but are definitely needed; Amendment 5 # Hans-Peter MARTIN Draft opinion Paragraph 5 a (new) 5a. Calls on the Authority to indicate the average cost of in-house translations per page for 2012, as well as the change since the previous year; Amendment 6 # Ildikó GÁLL-PELCZ Draft opinion Paragraph 7 7. Stresses that the additional tasks entrusted to ESMA as well as future tasks envisaged in the legislative proposals yet to be agreed will require budgetary increases and new human resources in order to fulfil their supervisory role in a satisfactory manner; considers this to be extremely important, as the tasks of the supervisory authorities are changing in these very years, so that in the years ahead they are likely to increase most; Amendment 7 # Ildikó GÁLL-PELCZ Draft opinion Paragraph 7 a (new) 7a. Notes furthermore that the introduction of the new human resources mentioned in the text – if rendered necessary by the accumulation of duties – is acceptable, although it might be more rational first to regroup the duties, or to complete increases in efficiency, before we increase the staff establishment by specific numbers; Amendment 8 # Ildikó GÁLL-PELCZ Draft opinion Paragraph 7 b (new) 7b. Considers that the current financing of ESMA, which is based on a mixed financing system, is inflexible and creates administrative burdens, and that therefore, in order to improve efficiency and independence, the Authority’s current financing should be reviewed, so that after a certain period the budget of the European supervisory authorities is entirely funded from the European Union budget; Amendment 9 # Hans-Peter MARTIN Draft opinion Paragraph 7 a (new) 7a. Points out that in the opinion delivered by the Committee on Economic and Monetary Affairs on the discharge for 2011 the Authority was asked to refrain from encumbering Member States with additional bureaucracy or creating new bureaucratic tasks for itself and to prevent any spread of bureaucracy; calls on the Authority, therefore, to ascertain, and to inform Parliament, whether those requests have been acted upon; source: PE-527.966 2014/02/25 CONT 17 amendments... Amendment 1 # Petri SARVAMAA Proposal for a decision 1 Paragraph 1 1. Grants the Executive Director of the European Securities and Markets Authority discharge in respect of the implementation of the Authority's budget for the financial year 2012 / Postpones its decision on granting the Executive Director of the European Securities and Markets Authority discharge in respect of the implementation of the Authority's budget for the financial year 2012; Amendment 10 # Ryszard CZARNECKI, Marta ANDREASEN, Philip BRADBOURN, Andrea ČEŠKOVÁ, Derk Jan EPPINK Motion for a resolution Paragraph 6 6. Notes withExpresses serious concern that the Authority made 22 budget transfers amounting to EUR 3 200 000, representing 16 % of total 2012 budget, which indicates serious weaknesses in budget planning; Amendment 11 # Ryszard CZARNECKI, Philip BRADBOURN, Marta ANDREASEN, Andrea ČEŠKOVÁ, Derk Jan EPPINK Motion for a resolution Paragraph 7 7. RegretsExpresses serious concern that according to the Court of Auditors’ annual audit, there is considerable room for improving the timeliness and documentation of procurement procedures; demands that the Authority address these concerns as a matter of priority and inform the discharge authority on the results of the measures taken; Amendment 12 # Ryszard CZARNECKI, Philip BRADBOURN, Marta ANDREASEN, Andrea ČEŠKOVÁ, Derk Jan EPPINK Motion for a resolution Paragraph 8 8. Notes withExpresses serious concern that according to the Court of Auditors’ annual audit, the level of transparency of the Authority's recruitment procedures needs to be improved; calls ondemands that the Authority to implement corrective measures and to inform the discharge authority on the results of measures taken; Amendment 13 # Monica MACOVEI Motion for a resolution Subheading 5 a (new) Prevention and management of conflicts of interests and transparency Amendment 14 # Monica MACOVEI Motion for a resolution Paragraph 8 a (new) 8a. Acknowledges that following the Court of Auditors' Special Report No 15/2012, the Authority revised its Ethics Guidelines jointly with EBA and EIOPA, based on the Commission's guidelines on the Prevention and Management of Conflict of Interest in EU Decentralised Agencies; welcomes the fact that the Authority's ethics guidelines were assessed by the lnternal Audit Service in 2013 and were considered best practices; Amendment 15 # Monica MACOVEI Motion for a resolution Paragraph 8 b (new) 8b. Observes that the CVs and Declarations of Interests of the members of the Board of Supervisors and members of the Management Board, as well as the Declarations of Interests of the Executive Director and senior management are not publicly available; calls on the Authority to remedy the situation as a matter of urgency; Amendment 16 # Gerben-Jan GERBRANDY, Jan MULDER, Chris DAVIES Performance Amendment 17 # Gerben-Jan GERBRANDY, Jan MULDER, Chris DAVIES Motion for a resolution Paragraph 10 a (new) 10a. Requests that the Authority communicate the results and impact its work has on the European citizens in an accessible way, mainly through its website, ; Amendment 2 # Karin KADENBACH Proposal for a decision 1 Paragraph 1 1. Grants the Executive Director of the European Securities and Markets Authority discharge in respect of the implementation of the Authority's budget for the financial year 2012 / Postpones its decision on granting the Executive Director of the European Securities and Markets Authority discharge in respect of the implementation of the Authority's budget for the financial year 2012; Amendment 3 # Ryszard CZARNECKI, Philip BRADBOURN, Marta ANDREASEN, Andrea ČEŠKOVÁ, Derk Jan EPPINK Proposal for a decision 1 Paragraph 1 1. Grants the Executive Director of the European Securities and Markets Authority discharge in respect of the implementation of the Authority's budget for the financial year 2012 / Postpones its decision on granting the Executive Director of the European Securities and Markets Authority discharge in respect of the implementation of the Authority's budget for the financial year 2012; Amendment 4 # Ryszard CZARNECKI, Philip BRADBOURN, Marta ANDREASEN, Derk Jan EPPINK, Andrea ČEŠKOVÁ Proposal for a decision 2 Paragraph 1 1. Approves the closure of the accounts of the European Securities and Markets Authority for the financial year 2012 / Postpones its decision on the closure of the accounts of the European Securities and Markets Authority for the financial year 2012; Amendment 5 # Petri SARVAMAA Proposal for a decision 2 Paragraph 1 1. Approves the closure of the accounts of the European Securities and Markets Authority for the financial year 2012 / Postpones its decision on the closure of the accounts of the European Securities and Markets Authority for the financial year 2012; Amendment 6 # Karin KADENBACH Proposal for a decision 2 Paragraph 1 1. Approves the closure of the accounts of the European Securities and Markets Authority for the financial year 2012 / Postpones its decision on the closure of the accounts of the European Securities and Markets Authority for the financial year 2012; Amendment 7 # Elena BĂSESCU Motion for a resolution Citation 10 a (new) – having regard to the previous discharge reports of the Parliament; Amendment 8 # Monica MACOVEI Motion for a resolution Recital A A. whereas, according to its financial statements, the budget of the European Securities and Markets Authority (‘"the Authority’") for the financial year 2012 was EUR 20 279 000, representing an increase of 19,53 % compared to 2011, Amendment 9 # Monica MACOVEI Motion for a resolution Recital A a (new) Aa. whereas, according to its financial statements, the overall contribution of the Union to the Authority's budget for 2012 amounted to EUR 6 408 000, representing a decrease of 5,54 % compared to 2011, source: PE-521.802

History

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