BETA


2014/0901(NLE) Decision on the proposal of the Commission for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead ECON GUALTIERI Roberto (icon: S&D S&D)
Committee Opinion JURI
Committee Opinion AFCO
Lead committee dossier:

Events

2014/12/23
   EP - End of procedure in Parliament
2014/12/23
   Final act published in Official Journal
Details

PURPOSE: to appoint the Chair, the Vice-Chair and the further full-time members of the Single Resolution Board (SRB).

NON LEGISLATIVE ACT: Council Implementing Decision n° 943/2014/EU on the appointment of the Chair, the Vice-Chair and the further full-time members of the Single Resolution Board.

CONTENT: under this Decision, Mme Elke KÖNIG is appointed Chair of the SRB for a term of three years (renewable once for a period of five years) from the date of entry into force of the Decision.

The following persons are appointed full-time members of the SRB for a term of office of five years as from the entry into force of the Decision:

· Mr Timo LÖYTTYNIEMI, Vice-Chair

· Mr Mauro GRANDE, Strategy and Coordination Director

· Mr Antonio CARRASCOSA, Resolution Planning Director

· Ms Joanne KELLERMANN, Resolution Planning Director

· Mr Dominique LABOUREIX, Resolution Planning Director.

The Decision recalls that, in order to ensure a swift and effective decision-making process in resolution matters, the Single Resolution Board established by Regulation (EU) No 806/2014 is to be a specific Union agency with a specific structure corresponding to its tasks.

The composition of the SRB should ensure that due account is taken of all relevant interests at stake in resolution procedures. Taking into account the tasks of the SRB, a Chair, a Vice-Chair and four further full-time members of the Board are appointed.

ENTRY INTO FORCE: 23.12.2014.

2014/12/19
   EP/CSL - Act adopted by Council after consultation of Parliament
2014/12/16
   EP - Results of vote in Parliament
2014/12/16
   EP - Decision by Parliament
Details

The European Parliament decided by 522 votes to 105, by 67 abstentions, to approve the proposal of the Commission for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board (SRB) .

Parliament approved the Commission's proposal for the appointment of the following proposed candidates:

Elke König for the function of Chair of the Board, Timo Löyttyniemi for the function of Vice-Chair of the Board, Mauro Grande, Antonio Carrascosa, Joanne Kellermann and Dominique Laboureix for the function of Member of the Board.

Regulation (EU) No 806/2014 provides that the Chair, Vice-Chair and the Members of the Single Resolution Board are to be appointed on the basis of merit, skills, knowledge of banking and financial matters, and of experience relevant to financial supervision, regulation, and bank resolution.

On 5 December 2014, the Commission adopted a proposal for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board and transmitted this proposal to the Parliament. Parliament’s Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidates for the functions of Chair, Vice-Chair and Members of the Board.

Documents
2014/12/15
   EP - Committee referral announced in Parliament
2014/12/15
   EP - Vote in committee
2014/12/15
   EP - Committee report tabled for plenary, 1st reading/single reading
Details

The Committee on Economic and Monetary Affairs adopted the report by Roberto GUALTIERI (S&D, IT) on the proposal of the Commission for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board (SRB) .

The committee approved the Commission's proposal for the appointment of the following proposed candidates:

Elke König for the function of Chair of the Board, Timo Löyttyniemi for the function of Vice-Chair of the Board, Mauro Grande, Antonio Carrascosa, Joanne Kellermann and Dominique Laboureix for the function of Members of the Board.

It is recalled that Regulation (EU) No 806/2014 provides that the Chair, Vice-Chair and the Members of the Single Resolution Board (SRB) are to be appointed on the basis of merit, skills, knowledge of banking and financial matters, and of experience relevant to financial supervision, regulation, and bank resolution.

The Commission adopted on 19 November 2014 a shortlist of candidates for the functions of Chair and Vice-Chair of the Board and on 1 December 2014 a shortlist of candidates for the functions of the Members of the Board. The two shortlists were transmitted to the Parliament.

On 5 December 2014, the Commission adopted a proposal for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board and transmitted this proposal to the Parliament.

Parliament’s Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidates during the hearings held on the 8 and 9 of December 2014.

Documents
2014/12/10
   EP - Committee draft report
Documents
2014/12/05
   EC - Legislative proposal
Documents
2014/12/05
   EC - Legislative proposal published
Documents
2014/11/25
   EP - GUALTIERI Roberto (S&D) appointed as rapporteur in ECON

Documents

History

(these mark the time of scraping, not the official date of the change)

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  • date: 2014-12-16T00:00:00 docs: url: http://www.europarl.europa.eu/oeil/popups/sda.do?id=25051&l=en type: Results of vote in Parliament title: Results of vote in Parliament url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P8-TA-2014-0084 type: Decision by Parliament, 1st reading/single reading title: T8-0084/2014 body: EP type: Results of vote in Parliament
  • date: 2014-12-19T00:00:00 body: EP/CSL type: Act adopted by Council after consultation of Parliament
  • date: 2014-12-23T00:00:00 type: Final act published in Official Journal docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32014D0943 title: Decision 2014/943 url: http://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2014:367:TOC title: OJ L 367 23.12.2014, p. 0097
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  • date: 2014-12-05T00:00:00 docs: title: C(2014)9456 type: Legislative proposal body: EC
  • date: 2014-12-10T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=COMPARL&mode=XML&language=EN&reference=PE544.348 title: PE544.348 type: Committee draft report body: EP
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  • date: 2014-12-05T00:00:00 type: Legislative proposal published body: EC docs: title: C(2014)9456
  • date: 2014-12-15T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 2014-12-15T00:00:00 type: Vote in committee, 1st reading/single reading body: EP
  • date: 2014-12-15T00:00:00 type: Committee report tabled for plenary, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A8-2014-0070&language=EN title: A8-0070/2014 summary: The Committee on Economic and Monetary Affairs adopted the report by Roberto GUALTIERI (S&D, IT) on the proposal of the Commission for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board (SRB) . The committee approved the Commission's proposal for the appointment of the following proposed candidates: Elke König for the function of Chair of the Board, Timo Löyttyniemi for the function of Vice-Chair of the Board, Mauro Grande, Antonio Carrascosa, Joanne Kellermann and Dominique Laboureix for the function of Members of the Board. It is recalled that Regulation (EU) No 806/2014 provides that the Chair, Vice-Chair and the Members of the Single Resolution Board (SRB) are to be appointed on the basis of merit, skills, knowledge of banking and financial matters, and of experience relevant to financial supervision, regulation, and bank resolution. The Commission adopted on 19 November 2014 a shortlist of candidates for the functions of Chair and Vice-Chair of the Board and on 1 December 2014 a shortlist of candidates for the functions of the Members of the Board. The two shortlists were transmitted to the Parliament. On 5 December 2014, the Commission adopted a proposal for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board and transmitted this proposal to the Parliament. Parliament’s Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidates during the hearings held on the 8 and 9 of December 2014.
  • date: 2014-12-16T00:00:00 type: Results of vote in Parliament body: EP docs: url: https://oeil.secure.europarl.europa.eu/oeil/popups/sda.do?id=25051&l=en title: Results of vote in Parliament
  • date: 2014-12-16T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=TA&language=EN&reference=P8-TA-2014-0084 title: T8-0084/2014 summary: The European Parliament decided by 522 votes to 105, by 67 abstentions, to approve the proposal of the Commission for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board (SRB) . Parliament approved the Commission's proposal for the appointment of the following proposed candidates: Elke König for the function of Chair of the Board, Timo Löyttyniemi for the function of Vice-Chair of the Board, Mauro Grande, Antonio Carrascosa, Joanne Kellermann and Dominique Laboureix for the function of Member of the Board. Regulation (EU) No 806/2014 provides that the Chair, Vice-Chair and the Members of the Single Resolution Board are to be appointed on the basis of merit, skills, knowledge of banking and financial matters, and of experience relevant to financial supervision, regulation, and bank resolution. On 5 December 2014, the Commission adopted a proposal for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board and transmitted this proposal to the Parliament. Parliament’s Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidates for the functions of Chair, Vice-Chair and Members of the Board.
  • date: 2014-12-19T00:00:00 type: Act adopted by Council after consultation of Parliament body: EP/CSL
  • date: 2014-12-23T00:00:00 type: End of procedure in Parliament body: EP
  • date: 2014-12-23T00:00:00 type: Final act published in Official Journal summary: PURPOSE: to appoint the Chair, the Vice-Chair and the further full-time members of the Single Resolution Board (SRB). NON LEGISLATIVE ACT: Council Implementing Decision n° 943/2014/EU on the appointment of the Chair, the Vice-Chair and the further full-time members of the Single Resolution Board. CONTENT: under this Decision, Mme Elke KÖNIG is appointed Chair of the SRB for a term of three years (renewable once for a period of five years) from the date of entry into force of the Decision. The following persons are appointed full-time members of the SRB for a term of office of five years as from the entry into force of the Decision: · Mr Timo LÖYTTYNIEMI, Vice-Chair · Mr Mauro GRANDE, Strategy and Coordination Director · Mr Antonio CARRASCOSA, Resolution Planning Director · Ms Joanne KELLERMANN, Resolution Planning Director · Mr Dominique LABOUREIX, Resolution Planning Director. The Decision recalls that, in order to ensure a swift and effective decision-making process in resolution matters, the Single Resolution Board established by Regulation (EU) No 806/2014 is to be a specific Union agency with a specific structure corresponding to its tasks. The composition of the SRB should ensure that due account is taken of all relevant interests at stake in resolution procedures. Taking into account the tasks of the SRB, a Chair, a Vice-Chair and four further full-time members of the Board are appointed. ENTRY INTO FORCE: 23.12.2014. docs: title: Decision 2014/943 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=32014D0943 title: OJ L 367 23.12.2014, p. 0097 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:2014:367:TOC
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    • PURPOSE: to appoint the Chair, the Vice-Chair and the further full-time members of the Single Resolution Board (SRB).

      NON LEGISLATIVE ACT: Council Implementing Decision n° 943/2014/EU on the appointment of the Chair, the Vice-Chair and the further full-time members of the Single Resolution Board.

      CONTENT: under this Decision, Mme Elke KÖNIG is appointed Chair of the SRB for a term of three years (renewable once for a period of five years) from the date of entry into force of the Decision.

      The following persons are appointed full-time members of the SRB for a term of office of five years as from the entry into force of the Decision:

      ·        Mr Timo LÖYTTYNIEMI, Vice-Chair

      ·        Mr Mauro GRANDE, Strategy and Coordination Director

      ·        Mr Antonio CARRASCOSA, Resolution Planning Director

      ·        Ms Joanne KELLERMANN, Resolution Planning Director

      ·        Mr Dominique LABOUREIX, Resolution Planning Director.

      The Decision recalls that, in order to ensure a swift and effective decision-making process in resolution matters, the Single Resolution Board established by Regulation (EU) No 806/2014 is to be a specific Union agency with a specific structure corresponding to its tasks.

      The composition of the SRB should ensure that due account is taken of all relevant interests at stake in resolution procedures. Taking into account the tasks of the SRB, a Chair, a Vice-Chair and four further full-time members of the Board are appointed.

      ENTRY INTO FORCE: 23.12.2014.

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    • The European Parliament decided by 522 votes to 105, by 67 abstentions, to approve the proposal of the Commission for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board (SRB).

      Parliament approved the Commission's proposal for the appointment of the following proposed candidates:

      • Elke König for the function of Chair of the Board, 
      • Timo Löyttyniemi for the function of Vice-Chair of the Board, 
      • Mauro Grande, Antonio Carrascosa, Joanne Kellermann and Dominique Laboureix for the function of Member of the Board.

      Regulation (EU) No 806/2014 provides that the Chair, Vice-Chair and the Members of the Single Resolution Board are to be appointed on the basis of merit, skills, knowledge of banking and financial matters, and of experience relevant to financial supervision, regulation, and bank resolution.

      On 5 December 2014, the Commission adopted a proposal for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board and transmitted this proposal to the Parliament. Parliament’s Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidates for the functions of Chair, Vice-Chair and Members of the Board.

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    • The Committee on Economic and Monetary Affairs adopted the report by Roberto GUALTIERI (S&D, IT) on the proposal of the Commission for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board (SRB).

      The committee approved the Commission's proposal for the appointment of the following proposed candidates:

      • Elke König for the function of Chair of the Board,
      • Timo Löyttyniemi for the function of Vice-Chair of the Board,
      • Mauro Grande, Antonio Carrascosa, Joanne Kellermann and Dominique Laboureix for the function of Members of the Board.

      It is recalled that Regulation (EU) No 806/2014 provides that the Chair, Vice-Chair and the Members of the Single Resolution Board (SRB) are to be appointed on the basis of merit, skills, knowledge of banking and financial matters, and of experience relevant to financial supervision, regulation, and bank resolution.

      The Commission adopted on 19 November 2014 a shortlist of candidates for the functions of Chair and Vice-Chair of the Board and on 1 December 2014 a shortlist of candidates for the functions of the Members of the Board. The two shortlists were transmitted to the Parliament.

      On 5 December 2014, the Commission adopted a proposal for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board and transmitted this proposal to the Parliament.

      Parliament’s Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidates during the hearings held on the 8 and 9 of December 2014.

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