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Public hearing with Elke König, Chair of the Single Resolution Board

26-10-2020

This note is prepared in view of an ordinary public hearing with the Chair of the Single Resolution Board (SRB), Elke König, which will take place on 27 October 2020. The central aim of the meeting is to discuss the SRB 2019 annual report. Following the structure of the SRB 2019 annual report, this briefing addresses (i) COVID-19 response measures taken by the SRB, and the need to consider a COVID-19 exit strategy going forward; (ii) resolution plans for banks under the SRB’s remit; (iii) preparation ...

This note is prepared in view of an ordinary public hearing with the Chair of the Single Resolution Board (SRB), Elke König, which will take place on 27 October 2020. The central aim of the meeting is to discuss the SRB 2019 annual report. Following the structure of the SRB 2019 annual report, this briefing addresses (i) COVID-19 response measures taken by the SRB, and the need to consider a COVID-19 exit strategy going forward; (ii) resolution plans for banks under the SRB’s remit; (iii) preparation for the 2020 resolution planning cycle; (iv) resolvability assessments; (v) preparations for the UK’s withdrawal from the EU; (vi) cooperation with the European Parliament; (vii) contributions to the Single Resolution Fund; (viii) investments of these funds; (ix) management of resources; and (x) appeal panel.

European Parliament’s Banking Union reports in 2015 - 2019

21-10-2020

This briefing provides an overview of the European Parliament’s expectations and priorities for the Banking Union as set out in its annual Banking Union reports. The first section of this briefing provides a short overview of the 2019 Banking Union report, the ECB Banking Supervisor’s response, as well as concrete actions expected from the Single Resolution Board, who as yet have not provided a formal response to any of Parliament’s Banking Union reports. In order to better contextualise the themes ...

This briefing provides an overview of the European Parliament’s expectations and priorities for the Banking Union as set out in its annual Banking Union reports. The first section of this briefing provides a short overview of the 2019 Banking Union report, the ECB Banking Supervisor’s response, as well as concrete actions expected from the Single Resolution Board, who as yet have not provided a formal response to any of Parliament’s Banking Union reports. In order to better contextualise the themes of latest Banking Union report, the subsequent section addresses the main themes raised in previous Banking Union reports (2015-2018). The annex of the briefing includes a comparison of the positions taken by the European Parliament in its Banking Union reports in the following policy areas: banking developments and structures; institutional and organisational issues; regulatory issues; completing the banking union; risk assessment; supervisory issues and priorities; crisis management; policies related to anti-money-laundering; and climate and sustainability issues.

Control of the financial activities of the European Investment Bank – Annual report 2018

06-07-2020

During its July plenary session, the European Parliament is set to discuss the Committee on Budgetary Control’s report on the control of the European Investment Bank's financial activities for 2018. Among other things, the report highlights the role of the Bank in financing the European Green Deal, the Just Transition Fund, and its future shift towards becoming 'the EU Climate Bank'. The report also stresses the need for more effectiveness and synergies when it comes to the European Fund for Strategic ...

During its July plenary session, the European Parliament is set to discuss the Committee on Budgetary Control’s report on the control of the European Investment Bank's financial activities for 2018. Among other things, the report highlights the role of the Bank in financing the European Green Deal, the Just Transition Fund, and its future shift towards becoming 'the EU Climate Bank'. The report also stresses the need for more effectiveness and synergies when it comes to the European Fund for Strategic Investments, and highlights the need for more transparency and accountability of all the Bank's operations, stronger external scrutiny and reinforced mechanisms to fight fraud and corruption.

The European Investment Bank's financial activities – 2019 annual report

06-07-2020

During its July plenary session, Parliament is scheduled to vote on the 2019 report on the European Investment Bank's financial activities, drafted by the Committee on Budgets. Among other things, the report highlights the need for the bank to put more focus on climate, digitalisation and just transition; further invest in the EU and beyond; provide continuous support for small and medium-sized enterprises (SMEs) and mid-cap firms; and ensure better governance and increased transparency.

During its July plenary session, Parliament is scheduled to vote on the 2019 report on the European Investment Bank's financial activities, drafted by the Committee on Budgets. Among other things, the report highlights the need for the bank to put more focus on climate, digitalisation and just transition; further invest in the EU and beyond; provide continuous support for small and medium-sized enterprises (SMEs) and mid-cap firms; and ensure better governance and increased transparency.

2018 report on protection of the EU's financial interests – Fight against fraud

06-07-2020

In October 2019, the European Commission published its annual report on the fight against fraud affecting EU financial interests in 2018. In total, 11 638 fraudulent and non-fraudulent irregularities were reported to the Commission in 2018, 25 % fewer than in 2017. They involved approximately €2.5 billion, a value that remained stable in comparison with 2017. The Committee on Budgetary Control has adopted a report on the Commission's annual report, which is due to be voted during the July plenary ...

In October 2019, the European Commission published its annual report on the fight against fraud affecting EU financial interests in 2018. In total, 11 638 fraudulent and non-fraudulent irregularities were reported to the Commission in 2018, 25 % fewer than in 2017. They involved approximately €2.5 billion, a value that remained stable in comparison with 2017. The Committee on Budgetary Control has adopted a report on the Commission's annual report, which is due to be voted during the July plenary session.

Discharge for 2018 budget – European Commission and executive agencies

11-05-2020

During the May plenary session, the European Parliament is expected to decide whether to grant discharge for the 2018 financial year to the different institutions and bodies of the European Union (EU). The first item in this process is the report covering the European Commission (including six executive agencies) which is in charge of managing the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning management of the European Development Funds (EDFs), ...

During the May plenary session, the European Parliament is expected to decide whether to grant discharge for the 2018 financial year to the different institutions and bodies of the European Union (EU). The first item in this process is the report covering the European Commission (including six executive agencies) which is in charge of managing the biggest share of the EU general budget. Separate discharge is granted to the Commission concerning management of the European Development Funds (EDFs), which are not part of the general budget as they are established by intergovernmental agreement. The Committee on Budgetary Control (CONT) recommends that Parliament should grant the Commission and all six executive agencies discharge for 2018. It also recommends granting discharge in respect of the implementation of the operations of the EDFs in 2018.

Discharge for 2018 budget - EU decentralised agencies and joint undertakings

11-05-2020

At its May plenary session, in the context of the discharge procedure for the financial year 2018, the European Parliament is due to vote on the discharge for 32 EU decentralised agencies and eight joint undertakings for their implementation of the 2018 budget. The Committee on Budgetary Control proposes to grant discharge to all of these entities, yet highlights a number of areas that require further improvement.

At its May plenary session, in the context of the discharge procedure for the financial year 2018, the European Parliament is due to vote on the discharge for 32 EU decentralised agencies and eight joint undertakings for their implementation of the 2018 budget. The Committee on Budgetary Control proposes to grant discharge to all of these entities, yet highlights a number of areas that require further improvement.

Discharge for 2018 budget – EU institutions other than the European Commission

11-05-2020

The European Parliament’s Committee on Budgetary Control recommends granting discharge for the budgets of seven administrative sections of the EU budget for 2018, but recommends postponing the decision on granting discharge for the European Council and Council, and for the European Economic and Social Committee. The votes on the discharge reports are expected to take place during the May plenary session.

The European Parliament’s Committee on Budgetary Control recommends granting discharge for the budgets of seven administrative sections of the EU budget for 2018, but recommends postponing the decision on granting discharge for the European Council and Council, and for the European Economic and Social Committee. The votes on the discharge reports are expected to take place during the May plenary session.

EGOV Annual Activity Report 2019

11-03-2020

This activity report covers the year 2019 and presents an overview of the expertise provided by the Unit in the area of economic governance and banking union, supporting the related scrutiny activities in the competent committee(s).

This activity report covers the year 2019 and presents an overview of the expertise provided by the Unit in the area of economic governance and banking union, supporting the related scrutiny activities in the competent committee(s).

Banking union – Annual report 2019

04-03-2020

The European Parliament's own-initiative report on the banking union in 2019 is due to be debated during the March I plenary part-session. It touches on emerging challenges and actual risks for the European banking sector, stressing its role in funding the real economy, and addresses prudential and resolution rules. The report also restates the need to complete the banking union by establishing a fiscal backstop and a European deposit insurance scheme, and advocates greater active involvement for ...

The European Parliament's own-initiative report on the banking union in 2019 is due to be debated during the March I plenary part-session. It touches on emerging challenges and actual risks for the European banking sector, stressing its role in funding the real economy, and addresses prudential and resolution rules. The report also restates the need to complete the banking union by establishing a fiscal backstop and a European deposit insurance scheme, and advocates greater active involvement for the Parliament in the process.

Imeachtaí atá ar na bacáin

25-01-2021
Public Hearing on "Gender aspects of precarious work"
Éisteacht -
FEMM
26-01-2021
Public hearing on Co-management of EU fisheries at local level
Éisteacht -
PECH
26-01-2021
The impact of Brexit on the level playing field in the area of taxation
Éisteacht -
FISC

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