Summary
The European Parliament has agreed not to object to new rules that adjust how the Single Resolution Board collects funds for its administrative costs, ensuring alignment with updated European Central Bank procedures. 9 10.03.2021
Other
economy
finance
public administration
financial institutions and credit
Key points
- The decision aligns the Single Resolution Board's contribution system with new fee collection rules established by the European Central Bank.
- The regulation modifies the deadlines for transmitting data and issuing notices regarding administrative contributions.
- These changes allow the Board to continue collecting its annual administrative contributions in advance rather than after the fact.
- The implementation is considered urgent to ensure the Board can raise necessary funds for the 2021 financial year.
Documents (PDFs)
RECOMMENDATION FOR A DECISION to raise no objections to the Commission delegated regulation of 11 February 2021 amending Delegated Regulation (EU) 2017/2361 as regards the arrangements for the payment of contributions to the administrative expenditures of the Single Resolution Board
Non-objection to a delegated act: arrangements for the payment of contributions to the administrative expenditures of the Single Resolution Board
These raw data are provided by the Open Data Portal of the European Union (data.europa.eu) and are licensed under ODC-BY 1.0.