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05 July 2011

EP adopts its position on the review of the Financial Conglomerates Directive at first reading


The European Parliament adopted by 642 votes to 18 with 9 abstentions a legislative resolution on the proposal for a Directive of the EP/Council amending Directives 98/78/EC, 2002/87/EC and 2006/48/EC as regards the supplementary supervision of financial entities in a financial conglomerate.

Parliament adopted its position at first reading, under the ordinary legislative procedure. The amendments adopted in plenary are the result of a compromise negotiated between the European Parliament and the Council.
 


© European Parliament


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