BETA


2016/0159(COD) Insolvency proceedings and insolvency practitioners

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead JURI ZWIEFKA Tadeusz (icon: PPE PPE) COFFERATI Sergio Gaetano (icon: S&D S&D), ZŁOTOWSKI Kosma (icon: ECR ECR), WIKSTRÖM Cecilia (icon: ALDE ALDE), HAUTALA Heidi (icon: Verts/ALE Verts/ALE)
Committee Opinion LIBE
Committee Opinion ECON
Lead committee dossier:
Legal Basis:
TFEU 081-p1

Events

2017/03/08
   EC - Commission response to text adopted in plenary
Documents
2017/03/03
   Final act published in Official Journal
Details

PURPOSE: to replace the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings.

LEGISLATIVE ACT: Regulation (EU) 2017/353 of the European Parliament and of the Council replacing Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings.

CONTENT: this Regulation replaces the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking account of the information notified by that Member State.

Annexes A and B to Regulation (EU) 2015/848 list the designations given in the national law of the Member States to the insolvency proceedings and insolvency practitioners to which that Regulation applies. Annex A lists the insolvency proceedings referred to in point (4) of Article 2 of that Regulation and Annex B lists the insolvency practitioners referred to in point (5) of that Article.

In December 2015, Poland notified the Commission of a substantial reform of its internal restructuring law and requested that the lists in Annexes A and B to the Regulation be amended accordingly.

The United Kingdom shall participate in the adoption and application of the Regulation, whereas Ireland and Denmark shall not.

ENTRY INTO FORCE: 23.3.2017. The Regulation shall apply from 26.6.2017.

2017/02/15
   CSL - Draft final act
Documents
2017/02/15
   CSL - Final act signed
2017/01/23
   EP/CSL - Act adopted by Council after Parliament's 1st reading
2017/01/23
   EP - End of procedure in Parliament
2017/01/23
   CSL - Council Meeting
2016/12/14
   EP - Results of vote in Parliament
2016/12/14
   EP - Decision by Parliament, 1st reading
Details

The European Parliament adopted by 640 votes to 30, with 32 abstentions, a legislative resolution on the proposal for a regulation of the European Parliament and of the Council replacing the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings.

The Commission proposal seeks to replace the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking into account the information notified by that Member States.

Parliament’s position adopted at first reading following the ordinary legislative procedure amended the Commission proposal as follows:

reflect the position of the United Kingdom and of Ireland respectively with regard to the Commission proposal pursuant to Protocol (No 21) on the position of the United Kingdom and Ireland in respect of the area of freedom, security and justice. These amendments recalled that, in accordance with Protocol (No 21): (a) the United Kingdom has given notice of its wish to take part in the adoption and application of this Regulation; (b) Ireland will not participate in the adoption of this Regulation and will not be bound by it or be subject to its application; aligns the entry into application of the amending regulation with that of Regulation (EU) 2015/848: thus, the amending Regulation will enter into force on 26 June 2017.

Documents
2016/11/23
   EP - Committee report tabled for plenary, 1st reading/single reading
Documents
2016/11/22
   EP - Committee report tabled for plenary, 1st reading
Documents
2016/11/08
   EP - Vote in committee, 1st reading
2016/10/14
   CSL - Debate in Council
Documents
2016/10/14
   CSL - Council Meeting
2016/07/20
   EP - Committee draft report
Documents
2016/06/14
   EP - ZWIEFKA Tadeusz (PPE) appointed as rapporteur in JURI
2016/06/06
   EP - Committee referral announced in Parliament, 1st reading
2016/05/30
   EC - Legislative proposal published
Details

PURPOSE: to replace the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings.

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

ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council.

BACKGROUND: Regulation (EU) 2015/848 of the European Parliament and of the Council on insolvency proceedings (recast) entered into force on 26 June 2015. It will apply from 26 June 2017, with the exception of the part relating to the system for interconnection of national insolvency registers, which will apply from 26 June 2019.

Annex A to Regulation (EU) 2015/848 lists the insolvency proceedings referred to in point (4) of Article 2 of the Regulation. Annex B lists the insolvency practitioners referred to in point (5) of Article 2.

In December 2015, Poland notified the Commission on a substantial reform of its domestic law on restructuring, taking effect as of 1 January 2016, and requested to change the lists set out in Annexes A and B to the Regulation accordingly.

After having carefully analysed the request of Poland in order to ensure compliance of the notification with the requirements of the Regulation, the Commission is proposing to amend Regulation ((EU) 2015/848 accordingly.

CONTENT: the Commission proposal seeks to replace the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking into account the information notified by that Member States. Since the Annexes are intrinsic part of the Regulation, their modification can only be achieved via the legislative amendment of the Regulation.

This proposal aims at ensuring that the scope of the recast Regulation is adjusted to the actual legal framework of the Member States on insolvency by the time of its application.

The envisaged amendments are of a purely technical nature. They contain no substantive change to the Regulation.

Documents

Activities

Votes

A8-0324/2016 - Tadeusz Zwiefka - Vote unique #

2016/12/14 Outcome: +: 624, 0: 32, -: 30
DE IT FR PL ES RO GB PT BE CZ HU NL BG AT EL SE SK FI HR DK LT IE SI EE LV LU CY MT
Total
87
67
68
48
44
27
66
21
21
20
19
26
16
16
20
19
13
12
11
11
10
9
8
6
6
5
5
4
icon: PPE PPE
199

Finland PPE

2

Denmark PPE

For (1)

1

Estonia PPE

For (1)

1

Luxembourg PPE

3

Cyprus PPE

1

Malta PPE

2
icon: S&D S&D
176

Netherlands S&D

3
3

Croatia S&D

2

Ireland S&D

For (1)

1

Slovenia S&D

For (1)

1

Estonia S&D

For (1)

1

Latvia S&D

1

Luxembourg S&D

For (1)

1

Cyprus S&D

2

Malta S&D

2
icon: ALDE ALDE
64

Romania ALDE

3

United Kingdom ALDE

1

Portugal ALDE

1

Austria ALDE

For (1)

1

Croatia ALDE

2

Ireland ALDE

For (1)

1

Slovenia ALDE

For (1)

1

Estonia ALDE

3

Luxembourg ALDE

For (1)

1
icon: ECR ECR
65

Italy ECR

2

Czechia ECR

2

Netherlands ECR

2

Bulgaria ECR

2

Greece ECR

Against (1)

1
2

Croatia ECR

For (1)

1

Denmark ECR

2

Lithuania ECR

1
icon: GUE/NGL GUE/NGL
46

Netherlands GUE/NGL

3

Sweden GUE/NGL

For (1)

1

Finland GUE/NGL

For (1)

1

Denmark GUE/NGL

For (1)

1

Ireland GUE/NGL

3

Cyprus GUE/NGL

2
icon: Verts/ALE Verts/ALE
45

United Kingdom Verts/ALE

5

Belgium Verts/ALE

2

Hungary Verts/ALE

1

Netherlands Verts/ALE

2

Austria Verts/ALE

3

Finland Verts/ALE

For (1)

1

Croatia Verts/ALE

For (1)

1

Denmark Verts/ALE

For (1)

1

Lithuania Verts/ALE

For (1)

1

Slovenia Verts/ALE

For (1)

1

Estonia Verts/ALE

For (1)

1

Latvia Verts/ALE

1
icon: NI NI
14

Germany NI

1

Italy NI

For (1)

1

France NI

Abstain (1)

2

Poland NI

Abstain (1)

1

United Kingdom NI

For (1)

Against (2)

3

Hungary NI

2
icon: ENF ENF
37

Germany ENF

Abstain (1)

1

Poland ENF

Abstain (1)

1

Romania ENF

Abstain (1)

1

United Kingdom ENF

Against (1)

1

Belgium ENF

Abstain (1)

1

Netherlands ENF

4
icon: EFDD EFDD
39

France EFDD

1

Poland EFDD

1

Czechia EFDD

Abstain (1)

1

Sweden EFDD

2

Lithuania EFDD

For (1)

1

History

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

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date
2016-11-23T00:00:00
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summary
procedure/Modified legal basis
Rules of Procedure EP 159
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shadows
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EC
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  • body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A8-2016-0324&language=EN type: Committee report tabled for plenary, 1st reading/single reading title: A8-0324/2016 type: Committee report tabled for plenary, 1st reading/single reading committees: body: EP responsible: False committee_full: Economic and Monetary Affairs committee: ECON body: EP shadows: group: S&D name: COFFERATI Sergio Gaetano group: ECR name: ZŁOTOWSKI Kosma group: ALDE name: WIKSTRÖM Cecilia group: Verts/ALE name: HAUTALA Heidi responsible: True committee: JURI date: 2016-06-14T00:00:00 committee_full: Legal Affairs rapporteur: group: EPP name: ZWIEFKA Tadeusz body: EP responsible: False committee_full: Civil Liberties, Justice and Home Affairs committee: LIBE date: 2016-11-23T00:00:00
  • date: 2016-12-14T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P8-TA-2016-0488 type: Decision by Parliament, 1st reading/single reading title: T8-0488/2016 body: EP type: Decision by Parliament, 1st reading/single reading
  • date: 2017-01-23T00:00:00 body: CSL type: Council Meeting council: Agriculture and Fisheries meeting_id: 3514
  • date: 2017-01-23T00:00:00 body: EP type: End of procedure in Parliament
  • date: 2017-01-23T00:00:00 body: EP/CSL type: Act adopted by Council after Parliament's 1st reading
  • date: 2017-02-15T00:00:00 body: CSL type: Final act signed
  • date: 2017-03-03T00:00:00 docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32017R0353 title: Regulation 2017/353 url: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2017:057:TOC title: OJ L 057 03.03.2017, p. 0019 type: Final act published in Official Journal
commission
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  • body: CSL type: Council Meeting council: Agriculture and Fisheries meeting_id: 3514 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=3514*&MEET_DATE=23/01/2017 date: 2017-01-23T00:00:00
  • body: CSL type: Council Meeting council: Justice and Home Affairs (JHA) meeting_id: 3490 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=3490*&MEET_DATE=14/10/2016 date: 2016-10-14T00:00:00
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  • date: 2017-02-15T00:00:00 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=[%n4]%2F17&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 00052/2016/LEX type: Draft final act body: CSL
  • date: 2017-03-08T00:00:00 docs: url: /oeil/spdoc.do?i=27811&j=0&l=en title: SP(2017)131 type: Commission response to text adopted in plenary
events
  • date: 2016-05-30T00:00:00 type: Legislative proposal published body: EC docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2016/0317/COM_COM(2016)0317_EN.pdf title: COM(2016)0317 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2016&nu_doc=0317 title: EUR-Lex summary: PURPOSE: to replace the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings. PROPOSED ACT: Regulation of the European Parliament and of the Council. ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council. BACKGROUND: Regulation (EU) 2015/848 of the European Parliament and of the Council on insolvency proceedings (recast) entered into force on 26 June 2015. It will apply from 26 June 2017, with the exception of the part relating to the system for interconnection of national insolvency registers, which will apply from 26 June 2019. Annex A to Regulation (EU) 2015/848 lists the insolvency proceedings referred to in point (4) of Article 2 of the Regulation. Annex B lists the insolvency practitioners referred to in point (5) of Article 2. In December 2015, Poland notified the Commission on a substantial reform of its domestic law on restructuring, taking effect as of 1 January 2016, and requested to change the lists set out in Annexes A and B to the Regulation accordingly. After having carefully analysed the request of Poland in order to ensure compliance of the notification with the requirements of the Regulation, the Commission is proposing to amend Regulation ((EU) 2015/848 accordingly. CONTENT: the Commission proposal seeks to replace the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking into account the information notified by that Member States. Since the Annexes are intrinsic part of the Regulation, their modification can only be achieved via the legislative amendment of the Regulation. This proposal aims at ensuring that the scope of the recast Regulation is adjusted to the actual legal framework of the Member States on insolvency by the time of its application. The envisaged amendments are of a purely technical nature. They contain no substantive change to the Regulation.
  • date: 2016-06-06T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2016-10-14T00:00:00 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=3490*&MEET_DATE=14/10/2016 title: 3490
  • date: 2016-11-08T00:00:00 type: Vote in committee, 1st reading/single reading body: EP
  • date: 2016-11-23T00:00:00 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=A8-2016-0324&language=EN title: A8-0324/2016 summary: The Committee on Legal Affairs adopted the report by Tadeusz ZWIEFKA (EPP, PL) on the proposal for a regulation of the European Parliament and of the Council replacing the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings. As a reminder, Regulation (EU) 2015/848 of the European Parliament and of the Council on insolvency proceedings entered into force on 26 June 2015. It will apply from 26 June 2017, with the exception of the part relating to the system for interconnection of national insolvency registers, which will apply from 26 June 2019. This Regulation includes as Annexes lists of insolvency proceedings and insolvency practitioners relevant to its application. Annex A to Regulation (EU) 2015/848 lists the insolvency proceedings referred to in point (4) of Article 2 of the Regulation. Annex B lists the insolvency practitioners referred to in point (5) of Article 2. In December 2015, Poland notified the Commission on a substantial reform of its domestic law on restructuring, which would take effect as of 1 January 2016, and requested a modification of the lists set out in Annexes A and B to the Regulation accordingly. The Commission proposal seeks to replace the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking into account the information notified by that Member States. The committee recommended that the European Parliament’s position adopted at first reading under the ordinary legislative procedure should amend the Commission proposal as follows : Two amendments reflect the position of the United Kingdom and of Ireland respectively with regard to the Commission proposal pursuant to Protocol (No 21) on the position of the United Kingdom and Ireland in respect of the area of freedom, security and justice. These amendments recalled that, in accordance with Protocol (No 21): the United Kingdom has given notice of its wish to take part in the adoption and application of this Regulation on 1 September 2016 (he United Kingdom participated in the adoption and application of Regulation (EU) 2015/848 on insolvency proceedings); Ireland will not participate in the adoption of this Regulation and will not be bound by it or be subject to its application (the possibility for Ireland to accept this new regulation will always be open after its adoption pursuant to the above-mentioned Protocol). The third amendment aligns the entry into application of the amending regulation with that of Regulation (EU) 2015/848: thus, the amending Regulation will enter into force on 26 June 2017.
  • date: 2016-12-14T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=27811&l=en title: Results of vote in Parliament
  • date: 2016-12-14T00:00:00 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=P8-TA-2016-0488 title: T8-0488/2016 summary: The European Parliament adopted by 640 votes to 30, with 32 abstentions, a legislative resolution on the proposal for a regulation of the European Parliament and of the Council replacing the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings. The Commission proposal seeks to replace the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking into account the information notified by that Member States. Parliament’s position adopted at first reading following the ordinary legislative procedure amended the Commission proposal as follows: reflect the position of the United Kingdom and of Ireland respectively with regard to the Commission proposal pursuant to Protocol (No 21) on the position of the United Kingdom and Ireland in respect of the area of freedom, security and justice. These amendments recalled that, in accordance with Protocol (No 21): (a) the United Kingdom has given notice of its wish to take part in the adoption and application of this Regulation; (b) Ireland will not participate in the adoption of this Regulation and will not be bound by it or be subject to its application; aligns the entry into application of the amending regulation with that of Regulation (EU) 2015/848: thus, the amending Regulation will enter into force on 26 June 2017.
  • date: 2017-01-23T00:00:00 type: Act adopted by Council after Parliament's 1st reading body: EP/CSL
  • date: 2017-01-23T00:00:00 type: End of procedure in Parliament body: EP
  • date: 2017-02-15T00:00:00 type: Final act signed body: CSL
  • date: 2017-03-03T00:00:00 type: Final act published in Official Journal summary: PURPOSE: to replace the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings. LEGISLATIVE ACT: Regulation (EU) 2017/353 of the European Parliament and of the Council replacing Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings. CONTENT: this Regulation replaces the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking account of the information notified by that Member State. Annexes A and B to Regulation (EU) 2015/848 list the designations given in the national law of the Member States to the insolvency proceedings and insolvency practitioners to which that Regulation applies. Annex A lists the insolvency proceedings referred to in point (4) of Article 2 of that Regulation and Annex B lists the insolvency practitioners referred to in point (5) of that Article. In December 2015, Poland notified the Commission of a substantial reform of its internal restructuring law and requested that the lists in Annexes A and B to the Regulation be amended accordingly. The United Kingdom shall participate in the adoption and application of the Regulation, whereas Ireland and Denmark shall not. ENTRY INTO FORCE: 23.3.2017. The Regulation shall apply from 26.6.2017. docs: title: Regulation 2017/353 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32017R0353 title: OJ L 057 03.03.2017, p. 0019 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2017:057:TOC
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  • body: CSL type: Council Meeting council: Former Council configuration
  • body: EC dg: Justice commissioner: JOUROVÁ Věra
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  • Amending Regulation (EU) 2015/848 2012/0360(COD)
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  • 3.45.01 Company law
  • 3.45.03 Financial management of undertakings, business loans, accounting
  • 7.40.02 Judicial cooperation in civil and commercial matters
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Regulation 2017/353
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  • The European Parliament adopted by 640 votes to 30, with 32 abstentions, a legislative resolution on the proposal for a regulation of the European Parliament and of the Council replacing the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings.

    The Commission proposal seeks to replace the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking into account the information notified by that Member States.

    Parliament’s position adopted at first reading following the ordinary legislative procedure amended the Commission proposal as follows:

    • reflect the position of the United Kingdom and of Ireland respectively with regard to the Commission proposal pursuant to Protocol (No 21) on the position of the United Kingdom and Ireland in respect of the area of freedom, security and justice. These amendments recalled that, in accordance with Protocol (No 21): (a) the United Kingdom has given notice of its wish to take part in the adoption and application of this Regulation; (b) Ireland will not participate in the adoption of this Regulation and will not be bound by it or be subject to its application;
    • aligns the entry into application of the amending regulation with that of Regulation (EU) 2015/848: thus, the amending Regulation will enter into force on 26 June 2017.
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  • url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P8-TA-2016-0488 type: Decision by Parliament, 1st reading/single reading title: T8-0488/2016
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  • The Committee on Legal Affairs adopted the report by Tadeusz ZWIEFKA (EPP, PL) on the proposal for a regulation of the European Parliament and of the Council replacing the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings.

    As a reminder, Regulation (EU) 2015/848 of the European Parliament and of the Council on insolvency proceedings entered into force on 26 June 2015. It will apply from 26 June 2017, with the exception of the part relating to the system for interconnection of national insolvency registers, which will apply from 26 June 2019.

    This Regulation includes as Annexes lists of insolvency proceedings and insolvency practitioners relevant to its application. Annex A to Regulation (EU) 2015/848 lists the insolvency proceedings referred to in point (4) of Article 2 of the Regulation. Annex B lists the insolvency practitioners referred to in point (5) of Article 2.

    In December 2015, Poland notified the Commission on a substantial reform of its domestic law on restructuring, which would take effect as of 1 January 2016, and requested a modification of the lists set out in Annexes A and B to the Regulation accordingly.

    The Commission proposal seeks to replace the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking into account the information notified by that Member States.

    The committee recommended that the European Parliament’s position adopted at first reading under the ordinary legislative procedure should amend the Commission proposal as follows :

    Two amendments reflect the position of the United Kingdom and of Ireland respectively with regard to the Commission proposal pursuant to Protocol (No 21) on the position of the United Kingdom and Ireland in respect of the area of freedom, security and justice. These amendments recalled that, in accordance with Protocol (No 21):

    • the United Kingdom has given notice of its wish to take part in the adoption and application of this Regulation on 1 September 2016 (he United Kingdom participated in the adoption and application of Regulation (EU) 2015/848 on insolvency proceedings);
    • Ireland will not participate in the adoption of this Regulation and will not be bound by it or be subject to its application (the possibility for Ireland to accept this new regulation will always be open after its adoption pursuant to the above-mentioned Protocol).

    The third amendment aligns the entry into application of the amending regulation with that of Regulation (EU) 2015/848: thus, the amending Regulation will enter into force on 26 June 2017.

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2016-07-05T00:00:00
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  • group: ALDE name: VAN NIEUWENHUIZEN Cora
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HAUTALA Heidi
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  • PURPOSE: to replace the lists of insolvency proceedings and insolvency practitioners in Annexes A and B to Regulation (EU) 2015/848 on insolvency proceedings.

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

    ROLE OF THE EUROPEAN PARLIAMENT: the European Parliament decides in accordance with the ordinary legislative procedure and on an equal footing with the Council.

    BACKGROUND: Regulation (EU) 2015/848 of the European Parliament and of the Council on insolvency proceedings (recast) entered into force on 26 June 2015. It will apply from 26 June 2017, with the exception of the part relating to the system for interconnection of national insolvency registers, which will apply from 26 June 2019.

    Annex A to Regulation (EU) 2015/848 lists the insolvency proceedings referred to in point (4) of Article 2 of the Regulation. Annex B lists the insolvency practitioners referred to in point (5) of Article 2.

    In December 2015, Poland notified the Commission on a substantial reform of its domestic law on restructuring, taking effect as of 1 January 2016, and requested to change the lists set out in Annexes A and B to the Regulation accordingly.

    After having carefully analysed the request of Poland in order to ensure compliance of the notification with the requirements of the Regulation, the Commission is proposing to amend Regulation ((EU) 2015/848 accordingly.

    CONTENT: the Commission proposal seeks to replace the lists for Poland in Annexes A and B to Regulation (EU) 2015/848 with new lists taking into account the information notified by that Member States. Since the Annexes are intrinsic part of the Regulation, their modification can only be achieved via the legislative amendment of the Regulation.

    This proposal aims at ensuring that the scope of the recast Regulation is adjusted to the actual legal framework of the Member States on insolvency by the time of its application.

    The envisaged amendments are of a purely technical nature. They contain no substantive change to the Regulation.

activities/1/committees/1/shadows/0
group
S&D
name
COFFERATI Sergio Gaetano
committees/1/shadows/0
group
S&D
name
COFFERATI Sergio Gaetano
activities/1/committees/1/shadows
  • group: ECR name: ZŁOTOWSKI Kosma
  • group: ALDE name: WIKSTRÖM Cecilia
committees/1/shadows
  • group: ECR name: ZŁOTOWSKI Kosma
  • group: ALDE name: WIKSTRÖM Cecilia
activities/1/committees/1/date
2016-06-14T00:00:00
activities/1/committees/1/rapporteur
  • group: EPP name: ZWIEFKA Tadeusz
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2016-06-14T00:00:00
committees/1/rapporteur
  • group: EPP name: ZWIEFKA Tadeusz
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DG
Commissioner
JOUROVÁ Věra
other/0
body
EC
dg
commissioner
JOUROVÁ Věra
activities
  • date: 2016-05-30T00:00:00 docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2016/0317/COM_COM(2016)0317_EN.pdf celexid: CELEX:52016PC0317:EN type: Legislative proposal published title: COM(2016)0317 type: Legislative proposal published body: EC commission:
  • date: 2016-06-06T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: False committee_full: Economic and Monetary Affairs committee: ECON body: EP responsible: True committee_full: Legal Affairs committee: JURI body: EP responsible: False committee_full: Civil Liberties, Justice and Home Affairs committee: LIBE
committees
  • body: EP responsible: False committee_full: Economic and Monetary Affairs committee: ECON
  • body: EP responsible: True committee_full: Legal Affairs committee: JURI
  • body: EP responsible: False committee_full: Civil Liberties, Justice and Home Affairs committee: LIBE
links
other
    procedure
    dossier_of_the_committee
    JURI/8/06654
    reference
    2016/0159(COD)
    instrument
    Regulation
    legal_basis
    Treaty on the Functioning of the EU TFEU 081-p1
    stage_reached
    Awaiting committee decision
    summary
    Amending Regulation (EU) 2015/848
    subtype
    Legislation
    title
    Insolvency proceedings and insolvency practitioners
    type
    COD - Ordinary legislative procedure (ex-codecision procedure)
    subject