# C_2018369EN.01018001.xml

| 11.10.2018 | EN | Official Journal of the European Union | C 369/180 |
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11.10.2018

EN

Official Journal of the European Union

C 369/180

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P8_TA(2017)0486

Renewal of the mandate of the Chair of the Single Resolution Board

European Parliament decision of 12 December 2017 on the proposal of the Commission for the renewal of the term of office of the Chair of the Single Resolution Board (N8-0092/2017 — C8-0425/2017 — 2017/0901(NLE))

(Approval)

(2018/C 369/28)

The European Parliament,

| — | having regard to the Commission proposal of 29 November 2017 for the renewal of the term of office of the Chair of the Single Resolution Board (N8-0092/2017), |
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having regard to the Commission proposal of 29 November 2017 for the renewal of the term of office of the Chair of the Single Resolution Board (N8-0092/2017),

| — | having regard to the third subparagraph of Article 56(6) and to Article 56(7) of Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (1), |
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having regard to the third subparagraph of Article 56(6) and to Article 56(7) of Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010 (1),

| — | having regard to Rule 122a of its Rules of Procedure, |
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having regard to Rule 122a of its Rules of Procedure,

| — | having regard to the report of the Committee on Economic and Monetary Affairs (A8-0393/2017), |
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having regard to the report of the Committee on Economic and Monetary Affairs (A8-0393/2017),

| A. | whereas on 19 December 2014, the Council appointed Elke König as Chair of the Single Resolution Board (SRB) for a term of office of three years as from 23 December 2014 (2); |
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A.

whereas on 19 December 2014, the Council appointed Elke König as Chair of the Single Resolution Board (SRB) for a term of office of three years as from 23 December 2014 (2);

| B. | whereas in accordance with Article 56(7) of Regulation (EU) No 806/2014, the term of office of the first Chair of the SRB may be renewed once for a period of five years; |
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B.

whereas in accordance with Article 56(7) of Regulation (EU) No 806/2014, the term of office of the first Chair of the SRB may be renewed once for a period of five years;

| C. | whereas on 29 November 2017, the Commission adopted a proposal for the renewal of the term of office of Elke König as Chair of the SRB and transmitted this proposal to Parliament; |
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C.

whereas on 29 November 2017, the Commission adopted a proposal for the renewal of the term of office of Elke König as Chair of the SRB and transmitted this proposal to Parliament;

| D. | whereas Parliament’s Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidate for the functions of Chair of the SRB, in particular in view of the requirements laid down in Article 56(4) of Regulation (EU) No 806/2014; |
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D.

whereas Parliament’s Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidate for the functions of Chair of the SRB, in particular in view of the requirements laid down in Article 56(4) of Regulation (EU) No 806/2014;

| E. | whereas on 4 December 2017, the Committee held a hearing with Elke König, at which she made an opening statement and then responded to questions from the members of the Committee; |
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E.

whereas on 4 December 2017, the Committee held a hearing with Elke König, at which she made an opening statement and then responded to questions from the members of the Committee;

| 1. | Approves the Commission's proposal for the renewal of the term of office of Elke König in the function of Chair of the SRB; |
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1.

| 2. | Instructs its President to forward this decision to the European Council, the Council, the Commission and the governments of the Member States. |
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2.

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(1)  OJ L 225, 30.7.2014, p. 1.

(2)  OJ L 367, 23.12.2014, p. 97.

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