27.10.2017   

EN

Official Journal of the European Union

C 366/165

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having regard to the Commission proposal to Parliament and the Council (COM(2012)0360),

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having regard to Article 294(2), Article 53(1) and Article 62 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C7-0180/2012),

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having regard to Article 294(3) of the Treaty on the Functioning of the European Union,

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having regard to the opinion of the European Economic and Social Committee of 13 December 2012 (1),

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having regard to the Interinstitutional Agreement of 28 November 2001 on a more structured use of the recasting technique for legal acts (2),

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having regard to the letter of 9 November 2012 from the Committee on Legal Affairs to the Committee on Economic and Monetary Affairs in accordance with Rule 104(3) of its Rules of Procedure,

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having regard to the undertaking given by the Council representative by letter of 22 July 2015 to approve Parliament’s position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union,

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having regard to Rules 104, 59 and 61(2) of its Rules of Procedure,

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having regard to the report of the Committee on Economic and Monetary Affairs and the opinions of the Committee on the Internal Market and Consumer Protection and the Committee on Legal Affairs (A7-0085/2014),

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having regard to the amendments which it adopted at its sitting of 26 February 2014 (3),

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having regard to the Decision of the Conference of Presidents of 18 September 2014 on unfinished business from the seventh parliamentary term,

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having regard to the supplementary report of the Committee on Economic and Monetary Affairs (A8-0315/2015),

A.

whereas, according to the Consultative Working Party of the legal services of the European Parliament, the Council and the Commission, the Commission proposal does not include any substantive amendments other than those identified as such in the proposal and whereas, as regards the codification of the unchanged provisions of the earlier acts together with those amendments, the proposal contains a straightforward codification of the existing texts, without any change in their substance;

1.

Adopts its position at first reading hereinafter set out taking into account the recommendations of the Consultative Working Party of the legal services of the European Parliament, the Council and the Commission;

2.

Calls on the Commission to refer the matter to Parliament again if it intends to amend its proposal substantially or replace it with another text;

3.

Instructs its President to forward its position to the Council, the Commission and the national parliaments.