(Approval)

The European Parliament,

–  having regard to the Commission proposal of 5 December 2014 for the appointment of the Chair, Vice-Chair and Members of the Board of the Single Resolution Board (C(2014)9456),

–  having regard to the third subparagraph of Article 56(6) of Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010(1),

–  having regard to its Rules of Procedure,

–  having regard to the report of the Committee on Economic and Monetary Affairs (A8-0070/2014),

A.  whereas Article 56(4) of Regulation (EU) No 806/2014 provides that the Chair, Vice-Chair and the Members of the Single Resolution Board (the Board) referred to in Article 43(1)(b) of that Regulation 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;

B.  whereas Article 56(4) of Regulation (EU) No 806/2014 provides that the appointments to the Board are to respect the principles of gender balance, experience and qualification;

C.  whereas in accordance with Article 56(6) of Regulation (EU) No 806/2014, the Commission adopted on 19 November 2014 a shortlist of candidates for the functions of Chair and Vice-Chair of the Board;

D.  whereas in accordance with Article 56(6) of Regulation (EU) No 806/2014, the Commission adopted on 1 December 2014 a shortlist of candidates for the functions of the Members of the Board referred to in Article 43(1)(b) of that Regulation;

E.  whereas in accordance with Article 56(6) of Regulation (EU) No 806/2014, the two shortlists were transmitted to the Parliament;

F.  whereas, 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;

G.  whereas 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, in particular in view of the requirements laid down in Article 56(4) of Regulation (EU) No 806/2014;

H.  whereas, on 8 December 2014, the Committee held a hearing with Elke König, the proposed candidate for the function of Chair of the Board, at which she made an opening statement and then responded to questions from the members of the Committee;

I.  whereas, on 9 December 2014, the Committee held a hearing with Timo Löyttyniemi, the proposed candidate for the function of Vice-Chair of the Board, as well as with Mauro Grande, Antonio Carrascosa, Joanne Kellermann and Dominique Laboureix, as the four candidates each proposed for the function of Member of the Board. All five proposed candidates made an opening statement at that hearing and then responded to questions from the members of the Committee;

1.  Approves the Commission's proposal for the appointment of the following proposed candidates:

2.  Instructs its President to forward this decision to the Council, the Commission and the governments of the Member States.

(1) OJ L 225, 30.07.2014, p. 1.