# C_2021023EN.01057701.xml

| 21.1.2021 | EN | Official Journal of the European Union | C 23/577 |
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21.1.2021

EN

Official Journal of the European Union

C 23/577

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P8_TA(2019)0208

Minimum loss coverage for non-performing exposures ***I

European Parliament legislative resolution of 14 March 2019 on the proposal for a regulation of the European Parliament and of the Council on amending Regulation (EU) No 575/2013 as regards minimum loss coverage for non-performing exposures (COM(2018)0134 — C8-0117/2018 — 2018/0060(COD))

(Ordinary legislative procedure: first reading)

(2021/C 23/80)

The European Parliament,

| — | having regard to the Commission proposal to Parliament and the Council (COM(2018)0134), |
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having regard to the Commission proposal to Parliament and the Council (COM(2018)0134),

| — | 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 (C8-0117/2018), |
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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 (C8-0117/2018),

| — | 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 12 July 2018 (1), |
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having regard to the opinion of the European Central Bank of 12 July 2018 (1),

| — | having regard to the opinion of the European Economic and Social Committee of 11 July 2018 (2), |
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having regard to the opinion of the European Economic and Social Committee of 11 July 2018 (2),

| — | 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 7 January 2019 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 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 7 January 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, |
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having regard to Rule 59 of its Rules of Procedure,

| — | having regard to the report of the Committee on Economic and Monetary Affairs (A8-0440/2018), |
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having regard to the report of the Committee on Economic and Monetary Affairs (A8-0440/2018),

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

| 2. | Calls on the Commission to refer the matter to Parliament again if it replaces, substantially amends or intends to substantially amend its proposal; |
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2.

| 3. | Instructs its President to forward its position to the Council, the Commission and the national parliaments. |
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3.

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(1)  OJ C 79, 4.3.2019, p. 1.

(2)  OJ C 367, 10.10.2018, p. 43.

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P8_TC1-COD(2018)0060

Position of the European Parliament adopted at first reading on 14 March 2019 with a view to the adoption of Regulation (EU) 2019/... of the European Parliament and of the Council amending Regulation (EU) No 575/2013 as regards minimum loss coverage for non-performing exposures

(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Regulation (EU) 2019/630).

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