# C_2021158EN.01006201.xml

| 30.4.2021 | EN | Official Journal of the European Union | C 158/62 |
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30.4.2021

EN

Official Journal of the European Union

C 158/62

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P8_TA(2019)0372

Loss-absorbing and recapitalisation capacity of credit institutions and investment firms (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 2014/59/EU on loss-absorbing and recapitalisation capacity of credit institutions and investment firms and amending Directive 98/26/EC, Directive 2002/47/EC, Directive 2012/30/EU, Directive 2011/35/EU, Directive 2005/56/EC, Directive 2004/25/EC and Directive 2007/36/EC (COM(2016)0852 — C8-0481/2016 — 2016/0362(COD))

(Ordinary legislative procedure: first reading)

(2021/C 158/21)

The European Parliament,

| — | having regard to the Commission proposal to Parliament and the Council (COM(2016)0852), |
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having regard to the Commission proposal to Parliament and the Council (COM(2016)0852),

| — | 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 (C8-0481/2016), |
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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 (C8-0481/2016),

| — | 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 8 November 2017 (1); |
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having regard to the opinion of the European Central Bank of 8 November 2017 (1);

| — | having regard to the opinion of the European Economic and Social Committee of 30 March 2017 (2); |
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having regard to the opinion of the European Economic and Social Committee of 30 March 2017 (2);

| — | having regard to the provisional agreement approved by the committee responsible under Rule 69f(4) of its Rules of Procedure and the undertaking given by the Council representative by letter of 15 February 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 committee responsible under Rule 69f(4) of its Rules of Procedure and the undertaking given by the Council representative by letter of 15 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, |
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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 (A8-0218/2018), |
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having regard to the report of the Committee on Economic and Monetary Affairs (A8-0218/2018),

| 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 34, 31.1.2018, p. 17.

(2)  OJ C 209, 30.6.2017, p. 36.

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P8_TC1-COD(2016)0362

Position of the European Parliament adopted at first reading on 16 April 2019 with a view to the adoption of Directive (EU) 2019/... of the European Parliament and of the Council amending Directive 2014/59/EU as regards the loss-absorbing and recapitalisation capacity of credit institutions and investment firms and Directive 98/26/EC

(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Directive (EU) 2019/879.)

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