European Parliament decision to raise no objections to the Commission delegated regulation of 20 December 2017 amending Delegated Regulation (EU) 2017/2358 and Delegated Regulation (EU) 2017/2359 as regards their dates of application (C(2017)08681 – 2017/3032(DEA))
The European Parliament,
– having regard to the Commission delegated regulation (C(2017)08681) (‘the amending delegated regulation’),
– having regard to the letter from the Committee on Economic and Monetary Affairs to the Chair of the Conference of Committee Chairs of 24 January 2018,
– having regard to Article 290 of the Treaty on the Functioning of the European Union,
– having regard to Directive (EU) 2016/97 of the European Parliament and of the Council of 20 January 2016 on insurance distribution(1), and in particular Article 25(2), Article 28(4), Article 29(4) and (5), Article 30(6) and Article 39(5) thereof,
– having regard to the recommendation for a decision by the Committee on Economic and Monetary Affairs,
– having regard to Rule 105(6) of its Rules of Procedure,
– having regard to the fact that no objections have been raised within the period laid down in the third and fourth indents of Rule 105(6) of its Rules of Procedure, which expired on 6 February 2018,
A. whereas the amending delegated regulation should apply before 23 February 2018, the date of entry into force of Commission Delegated Regulation (EU) 2017/2358 and of Commission Delegated Regulation (EU) 2017/2359 (‘the two delegated regulations’), and full use of the three-month scrutiny period available to Parliament could lead to the two delegated regulations entering into force before the amended date of application of Directive (EU) 2016/97 (‘IDD’), 1 October 2018, as proposed by the Commission in its proposal for a Directive of the European Parliament and of the Council amending Directive (EU) 2016/97 as regards the date of application of Member States’ transposition measures (COM(2017)0792);
B. whereas a swift publication of the amending delegated regulation in the Official Journal would allow for the alignment of the dates of application of the two delegated regulations with the amended date of application of IDD;
C. whereas this corresponds to Parliament’s decisions of 25 October 2017(2) to raise no objections to the two delegated regulations, in which it requests the Commission to assess whether the application date of IDD could be extended to 1 October 2018;
1. Declares that it has no objections to the amending delegated regulation;
2. Instructs its President to forward this decision to the Council and the Commission.