P9_TA(2021)0002 Exemption of certain third country spot foreign exchange benchmarks and the designation of replacements for certain benchmarks in cessation ***I European Parliament legislative resolution of 19 January 2021 on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 2016/1011 as regards the exemption of certain third country foreign exchange benchmarks and the designation of replacement benchmarks for certain benchmarks in cessation (COM(2020)0337 — C9-0209/2020 — 2020/0154(COD)) P9_TC1-COD(2020)0154 Position of the European Parliament adopted at first reading on 19 January 2021 with a view to the adoption of Regulation (EU) 2021/… of the European Parliament and of the Council amending Regulation (EU) 2016/1011 as regards the exemption of certain third-country spot foreign exchange benchmarks and the designation of replacements for certain benchmarks in cessation, and amending Regulation (EU) No 648/2012
Date: 2021-01-19
Institutions: Committee on Economic and Monetary Affairs, Committee on Industry, Research and Energy, European Parliament
Subjects: benchmarking, consumer protection, financial control, financial legislation, financial market, foreign exchange market, monetary relations, price index, third country








C_2021456EN.01025701.xml










10.11.2021   


EN


Official Journal of the European Union


C 456/257






P9_TA(2021)0002
Exemption of certain third country spot foreign exchange benchmarks and the designation of replacements for certain benchmarks in cessation ***I
European Parliament legislative resolution of 19 January 2021 on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) 2016/1011 as regards the exemption of certain third country foreign exchange benchmarks and the designation of replacement benchmarks for certain benchmarks in cessation (COM(2020)0337 — C9-0209/2020 — 2020/0154(COD))
(Ordinary legislative procedure: first reading)
(2021/C 456/25)

The European Parliament,






—


having regard to the Commission proposal to Parliament and the Council (COM(2020)0337),










—


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 (C9-0209/2020),










—


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 18 September 2020 (1),










—


having regard to the opinion of the European Economic and Social Committee of 29 October 2020 (2),










—


having regard to the provisional agreement approved by the committee responsible under Rule 74(4) of its Rules of Procedure and the undertaking given by the Council representative by letter of 9 December 2020 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,










—


having regard to the report of the Committee on Economic and Monetary Affairs (A9-0227/2020),












1.


Adopts its position at first reading hereinafter set out;












2.


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












3.


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






(1)  OJ C 366, 30.10.2020, p. 4.

(2)  OJ C 10, 11.1.2021, p. 35.




P9_TC1-COD(2020)0154
Position of the European Parliament adopted at first reading on 19 January 2021 with a view to the adoption of Regulation (EU) 2021/… of the European Parliament and of the Council amending Regulation (EU) 2016/1011 as regards the exemption of certain third-country spot foreign exchange benchmarks and the designation of replacements for certain benchmarks in cessation, and amending Regulation (EU) No 648/2012

(As an agreement was reached between Parliament and Council, Parliament's position corresponds to the final legislative act, Regulation (EU) 2021/168.)