# C_2017378EN.01030701.xml

| 9.11.2017 | EN | Official Journal of the European Union | C 378/307 |
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9.11.2017

EN

Official Journal of the European Union

C 378/307

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P7_TA(2014)0189

European Insurance and Occupational Pensions Authority and European Securities and Markets Authority ***I

European Parliament legislative resolution of 11 March 2014 on the proposal for a directive of the European Parliament and of the Council amending Directives 2003/71/EC and 2009/138/EC in respect of the powers of the European Insurance and Occupational Pensions Authority and the European Securities and Markets Authority (COM(2011)0008 — C7-0027/2011 — 2011/0006(COD))

(Ordinary legislative procedure: first reading)

(2017/C 378/43)

The European Parliament,

The European Parliament

| — | having regard to the Commission proposal to Parliament and the Council (COM(2011)0008), |
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having regard to the Commission proposal to Parliament and the Council (COM(2011)0008),

| — | having regard to Article 294(2) and Articles 50, 53, 62 and 114 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C7-0027/2011), |
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having regard to Article 294(2) and Articles 50, 53, 62 and 114 of the Treaty on the Functioning of the European Union, pursuant to which the Commission submitted the proposal to Parliament (C7-0027/2011),

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

| — | having regard to the opinion of the European Central Bank of 4 May 2011 (1), |
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having regard to the opinion of the European Central Bank of 4 May 2011 (1),

1

| — | having regard to the opinion of the European Economic and Social Committee of 5 May 2011 (2), |
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having regard to the opinion of the European Economic and Social Committee of 5 May 2011 (2),

2

| — | having regard to the undertaking given by the Council representative by letter of 27 November 2013 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 the undertaking given by the Council representative by letter of 27 November 2013 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 55 of its Rules of Procedure, |
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having regard to Rule 55 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 Legal Affairs (A7-0077/2012), |
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having regard to the report of the Committee on Economic and Monetary Affairs and the opinion of the Committee on Legal Affairs (A7-0077/2012),

| 1. | Adopts its position at first reading hereinafter set out; |
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1.

Adopts its position at first reading hereinafter set out;

| 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; |
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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. |
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3.

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

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(1)  OJ C 159, 18.5.2011, p. 10.

1

(2)  OJ C 218, 23.7.2011, p. 82.

2

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P7_TC1-COD(2011)0006

Position of the European Parliament adopted at first reading on 11 March 2014 with a view to the adoption of Directive 2014/.../EU of the European Parliament and of the Council amending Directives 2003/71/EC and 2009/138/EC and Regulations (EC) No 1060/2009, (EU) No 1094/2010 and (EU) No 1095/2010 in respect of the powers of the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority)

(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Directive 2014/51/EU.)

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