P8_TA(2019)0367

Cross-border distribution of collective investment undertakings (Directive) ***I

European Parliament legislative resolution of 16 April 2019 on the proposal for a directive of the European Parliament and of the Council amending Directive 2009/65/EC of the European Parliament and of the Council and Directive 2011/61/EU of the European Parliament and of the Council with regard to cross-border distribution of collective investment funds (COM(2018)0092 — C8-0111/2018 — 2018/0041(COD))

(Ordinary legislative procedure: first reading)

(2021/C 158/16)

The European Parliament,

—	having regard to the Commission proposal to Parliament and the Council (COM(2018)0092),

—	having regard to Article 294(2) and Article 53(1) of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C8-0111/2018),

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

—	having regard to the opinion of the European Economic and Social Committee of 11 July 2018 (1),

—

having regard to the provisional agreement approved by the responsible committee under Rule 69f(4) of its Rules of Procedure and the undertaking given by the Council representative by letter of 27 February 2019 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 (A8-0430/2018),

Adopts its position at first reading hereinafter set out;

Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal;

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

(1) OJ C 367, 10.10.2018, p. 50.