Verbatim report of proceedings

Wednesday, 28 September 2005 - Strasbourg

10. 1. Taking up and pursuit of the business of credit institutions 2. Capital adequacy of investment firms and credit institutions

- Before the vote on Amendment 781:

  Alexander Radwan (PPE-DE), rapporteur. – (DE) Mr President, this amendment has been agreed, not only with the other groups, but also with the Council and the Commission, as a compromise, and it recurs in Amendment 785. I shall read it out:

... 'without prejudice to the implementing measures already adopted, on expiry of a two-year period following the adoption of the directive and on 1 April 2008 at the latest, the application of its provisions requiring the adoption of technical rules, amendments and decisions in accordance with paragraph 2 shall be suspended. Acting on a proposal from the Commission, the European Parliament and the Council may renew the provisions concerned in accordance with the procedures laid down in Article 251 of the Treaty and, to that end, they shall review them prior to the expiry of the period or date referred to above.'

- Before the vote on Amendment 778:

  Alexander Radwan (PPE-DE). – (DE) Mr President, this too is a compromise between the various groups, the Council and the Commission, and it too will recur in Amendment 782. It begins like this:

... 'in the view of the European Parliament'; to which should be added the words: 'the European Parliament and the Council should have the opportunity to evaluate the conferral of implementing powers on the Commission within a determined...'.

- Before the vote on Amendment 785:

  Alexander Radwan (PPE-DE). – (DE) Mr President, this is the same amendment that we voted on before under Amendment 781, which I have already read out. The next one corresponds to Amendment 778, the second oral amendment.