Undertakings for collective investment in transferable securities (UCITS) (recast) ***I European Parliament legislative resolution of 13 January 2009 on the proposal for a directive of the European Parliament and of the Council on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast) (COM(2008)0458 – C6-0287/2008 – 2008/0153(COD))#P6_TC1-COD(2008)0153 Position of the European parliament adopted at first reading on 13 January 2009 with a view to the adoption of Directive 2009/…/EC of the European Parliament and of the Council on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast)
Date: 2009-01-13
Institutions: Committee on Economic and Monetary Affairs, Committee on Legal Affairs, European Parliament
Subjects: approximation of laws, codecision procedure, codification of EU law, company structure, drafting of EU law, free movement of capital, investment company, resolution of parliament, securities








CE2010046EN.01012501.xml










24.2.2010   


EN


Official Journal of the European Union


CE 46/125





Undertakings for collective investment in transferable securities (UCITS) (recast) ***I

P6_TA(2009)0012

European Parliament legislative resolution of 13 January 2009 on the proposal for a directive of the European Parliament and of the Council on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast) (COM(2008)0458 – C6-0287/2008 – 2008/0153(COD))
(2010/C 46 E/27)

(Codecision procedure: recast)


The European Parliament,






—


having regard to the Commission proposal to the European Parliament and the Council (COM(2008)0458),










—


having regard to Article 251(2) and Article 47(2) of the EC Treaty, pursuant to which the Commission submitted the proposal to Parliament (C6-0287/2008),










—


having regard to the Interinstitutional Agreement of 28 November 2001 on a more structured use of the recasting technique for legal acts (1),










—


having regard to Rules 80a and 51 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(A6-0497/2008),










A.


whereas, according to the Consultative Working Party of the Legal Services of the European Parliament, the Council and the Commission, the proposal in question does not include any substantive amendments other than those identified as such in the proposal and whereas, as regards the codification of the unchanged provisions of the earlier acts together with those amendments, the proposal contains a straightforward codification of the existing texts, without any change in their substance;










1.


Approves the Commission proposal as adapted to the recommendations of the Consultative Working Party of the legal services of the European Parliament, the Council and the Commission and as amended below;










2.


Calls on the Commission to refer the matter to Parliament again if it intends to amend the proposal substantially or replace it with another text;










3.


Instructs its President to forward its position to the Council and the Commission.






(1)  OJ C 77, 28.3.2002, p. 1.


P6_TC1-COD(2008)0153
Position of the European parliament adopted at first reading on 13 January 2009 with a view to the adoption of Directive 2009/…/EC of the European Parliament and of the Council on the coordination of laws, regulations and administrative provisions relating to undertakings for collective investment in transferable securities (UCITS) (recast)

(As an agreement was reached between Parliament and Council, Parliament's position at first reading corresponds to the final legislative act, Directive 2009/65/EC.)