The European Parliament,

–  having regard to Regulation (EU, Euratom) No 1141/2014 of the European Parliament and of the Council of 22 October 2014 on the statute and funding of European political parties and European political foundations(1),

–  having regard to Rule 123(2) of its Rules of Procedure,

A.  whereas transnational political parties and foundations help to form a wider European political awareness and express the will of the citizens of the Union;

B.  whereas the funding of European political parties and foundations should support political activities in line with the principles of the Union and be transparent and not open to abuse;

C.  whereas Article 6 of Regulation (EU, Euratom) No 1141/2014 establishes an Authority for European political parties and European political foundations, to be set up by 1 September 2016 with the function of deciding whether the registration and de-registration of European political parties and political foundations are in compliance with the procedures and conditions laid down in the regulation;

1.  Regrets the numerous shortcomings of Regulation (EU, Euratom) No 1141/2014, especially in respect of the level of co-financing (own resources), and of the possibility of multi-party membership of Members of the European Parliament;

2.  Encourages the Commission to take a closer look at all the shortcomings and to propose a revision of the regulation as soon as possible;

3.  Instructs its President to forward this resolution to the Council and the Commission.

(1) OJ L 317, 4.11.2014, p. 1.