BETA


2014/2882(DEA) Provisional system of instalments on contributions to cover the administrative expenditures of the Single Resolution Board during the provisional period

Progress: Procedure completed - delegated act enters into force

RoleCommitteeRapporteurShadows
Lead ECON
Lead committee dossier:
Legal Basis:
RoP 0111-p6

Events

2014/11/27
   EP - Results of vote in Parliament
2014/11/27
   EP - Decision by Parliament, 1st reading/single reading
Details

The European Parliament decided by 545 votes to 72, with 51 abstentions, to raise no objections to the Commission delegated regulation of 8 October 2014 on the provisional system of instalments on contributions to cover the administrative expenditures of the Single Resolution Board during the provisional period.

Regulation (EU) No 806/2014 (the SRM Regulation) provides for the establishment of the Single Resolution Board (SRB) as of 19 August 2014 in the form of a European Union agency. The SRM Regulation requires the Board to be fully operational as of 1 January 2015.

The SRM Regulation empowers the Commission to adopt delegated acts on contributions in order to determine the type and the calculation of contributions, and in particular the annual contributions necessary to cover the administrative expenditure of the Board before it becomes fully operational.

Therefore, the Commission adopted on 8 October 2014, in line with the aforementioned empowerment, the Commission delegated regulation on the provisional system of instalments on contributions to cover the administrative expenditures of the Single Resolution Board during the provisional period. The scrutiny period has been set at three months from the date of notification, i.e. until 8 January 2015, and may be extended by a further three months.

Parliament considered that in order for the Board to be functioning smoothly by 1 January 2015, the latter will need to have its funding arrangements in place as soon as possible, and in any event before 1 January 2015, thus allowing it to cover the first administrative expenditures (staff remuneration, infrastructure, administrative and operational expenses) from own resources.

Therefore, Parliament declared that it has no objections to the delegated regulation.

Documents
2014/11/17
   EP - Recommendation for early non-objection of delegated act
Documents
2014/11/07
   CSL - Delegated act not objected by Council
2014/11/04
   EP - Decision by committee, without report
2014/10/22
   EP - Committee referral announced in Parliament, 1st reading/single reading
2014/10/08
   EC - Non-legislative basic document
Documents
2014/10/08
   EC - Non-legislative basic document published
Documents
2014/10/08
   EP/CSL - Initial period for examining delegated act 3 month(s)

Documents

Votes

B8-0246/2014 - Résolution

2014/11/27 Outcome: +: 545, -: 72, 0: 51
DE PL ES RO FR GB IT HU BE PT BG NL SK CZ SE HR AT DK FI LT SI EL LV IE EE MT LU CY
Total
88
48
47
26
67
65
63
20
18
20
15
23
13
20
17
11
17
12
10
8
8
14
7
9
6
6
5
3
icon: PPE PPE
202

Denmark PPE

For (1)

1
2

Estonia PPE

For (1)

1

Luxembourg PPE

3

Cyprus PPE

1
icon: S&D S&D
172

Netherlands S&D

3

Croatia S&D

2

Slovenia S&D

For (1)

1

Greece S&D

2

Latvia S&D

1

Ireland S&D

For (1)

1

Estonia S&D

For (1)

1

Malta S&D

3

Luxembourg S&D

For (1)

1

Cyprus S&D

1
icon: ALDE ALDE
59

Romania ALDE

3

United Kingdom ALDE

1

Croatia ALDE

2

Austria ALDE

For (1)

1

Denmark ALDE

2

Finland ALDE

1

Lithuania ALDE

2

Slovenia ALDE

For (1)

1

Ireland ALDE

For (1)

1

Estonia ALDE

3

Luxembourg ALDE

For (1)

1
icon: ECR ECR
62

Bulgaria ECR

1

Netherlands ECR

For (1)

Abstain (1)

2

Czechia ECR

2

Croatia ECR

For (1)

1

Finland ECR

2

Greece ECR

Abstain (1)

1

Latvia ECR

For (1)

1
icon: Verts/ALE Verts/ALE
43

France Verts/ALE

4

Hungary Verts/ALE

2

Belgium Verts/ALE

For (1)

1

Netherlands Verts/ALE

2

Sweden Verts/ALE

3

Croatia Verts/ALE

For (1)

1

Austria Verts/ALE

3

Denmark Verts/ALE

For (1)

1

Finland Verts/ALE

For (1)

1

Lithuania Verts/ALE

For (1)

1

Slovenia Verts/ALE

For (1)

1

Latvia Verts/ALE

1

Estonia Verts/ALE

For (1)

1
icon: GUE/NGL GUE/NGL
44

France GUE/NGL

Against (1)

3

United Kingdom GUE/NGL

Abstain (1)

1

Italy GUE/NGL

3

Netherlands GUE/NGL

3

Czechia GUE/NGL

2

Sweden GUE/NGL

Abstain (1)

1

Denmark GUE/NGL

Abstain (1)

1

Finland GUE/NGL

Abstain (1)

1

Ireland GUE/NGL

3

Cyprus GUE/NGL

Abstain (1)

1
icon: NI NI
42

Germany NI

2

Poland NI

2

Belgium NI

Against (1)

1

Netherlands NI

3

Austria NI

3
icon: EFDD EFDD
42

Poland EFDD

1

France EFDD

Against (1)

1

Czechia EFDD

Against (1)

1

Sweden EFDD

2

Lithuania EFDD

1

History

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

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        • The European Parliament decided by 545 votes to 72, with 51 abstentions, to raise no objections to the Commission delegated regulation of 8 October 2014 on the provisional system of instalments on contributions to cover the administrative expenditures of the Single Resolution Board during the provisional period.

          Regulation (EU) No 806/2014 (the SRM Regulation) provides for the establishment of the Single Resolution Board (SRB) as of 19 August 2014 in the form of a European Union agency. The SRM Regulation requires the Board to be fully operational as of 1 January 2015.

          The SRM Regulation empowers the Commission to adopt delegated acts on contributions in order to determine the type and the calculation of contributions, and in particular the annual contributions necessary to cover the administrative expenditure of the Board before it becomes fully operational.

          Therefore, the Commission adopted on 8 October 2014, in line with the aforementioned empowerment, the Commission delegated regulation on the provisional system of instalments on contributions to cover the administrative expenditures of the Single Resolution Board during the provisional period. The scrutiny period has been set at three months from the date of notification, i.e. until 8 January 2015, and may be extended by a further three months.

          Parliament considered that in order for the Board to be functioning smoothly by 1 January 2015, the latter will need to have its funding arrangements in place as soon as possible, and in any event before 1 January 2015, thus allowing it to cover the first administrative expenditures (staff remuneration, infrastructure, administrative and operational expenses) from own resources.

          Therefore, Parliament declared that it has no objections to the delegated regulation.

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