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Document 52016AP0146

P8_TA(2016)0146 Indices used as benchmarks in financial instruments and financial contracts ***I European Parliament legislative resolution of 28 April 2016 on the proposal for a regulation of the European Parliament and of the Council on indices used as benchmarks in financial instruments and financial contracts (COM(2013)0641 — C7-0301/2013 — 2013/0314(COD)) P8_TC1-COD(2013)0314 Position of the European Parliament adopted at first reading on 28 April 2016 with a view to the adoption of Regulation (EU) 2016/… of the European Parliament and of the Council on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014

OJ C 66, 21.2.2018, p. 68–68 (BG, ES, CS, DA, DE, ET, EL, EN, FR, HR, IT, LV, LT, HU, MT, NL, PL, PT, RO, SK, SL, FI, SV)

21.2.2018   

EN

Official Journal of the European Union

C 66/68


P8_TA(2016)0146

Indices used as benchmarks in financial instruments and financial contracts ***I

European Parliament legislative resolution of 28 April 2016 on the proposal for a regulation of the European Parliament and of the Council on indices used as benchmarks in financial instruments and financial contracts (COM(2013)0641 — C7-0301/2013 — 2013/0314(COD))

(Ordinary legislative procedure: first reading)

(2018/C 066/14)

The European Parliament,

having regard to the Commission proposal to Parliament and the Council (COM(2013)0641),

having regard to Article 294(2) and Article 114 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C7-0301/2013),

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

having regard to the reasoned opinion submitted, within the framework of Protocol No 2 on the application of the principles of subsidiarity and proportionality, by the United Kingdom House of Commons, asserting that the draft legislative act does not comply with the principle of subsidiarity,

having regard to the opinion of the European Central Bank of 7 January 2014 (1),

having regard to the opinion of the European Economic and Social Committee of 21 January 2014 (2),

having regard to the undertaking given by the Council representative by letter of 9 December 2015 to approve Parliament’s position, in accordance with Article 294(4) of the Treaty on the Functioning of the European Union,

having regard to Rule 59 of its Rules of Procedure,

having regard to the report of the Committee on Economic and Monetary Affairs and the opinion of the Committee on Industry, Research and Energy (A8-0131/2015),

1.

Adopts its position at first reading hereinafter set out (3);

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.


(1)  OJ C 113, 15.4.2014, p. 1.

(2)  OJ C 177, 11.6.2014, p. 42.

(3)  This position replaces the amendments adopted on 19 May 2015 (Texts adopted, P8_TA(2015)0195).


P8_TC1-COD(2013)0314

Position of the European Parliament adopted at first reading on 28 April 2016 with a view to the adoption of Regulation (EU) 2016/… of the European Parliament and of the Council on indices used as benchmarks in financial instruments and financial contracts or to measure the performance of investment funds and amending Directives 2008/48/EC and 2014/17/EU and Regulation (EU) No 596/2014

(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Regulation (EU) 2016/1011.)


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