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

B9‑0169/2021

Draft European Parliament 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

(C(2021)0766 – 2021/2562(DEA))

The European Parliament,

– having regard to the Commission delegated regulation (C(2021)0766),

– having regard to the Commission’s letter of 16 February 2021 asking Parliament to declare that it will raise no objections to the 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 4 March 2021,

– having regard to Article 290 of the Treaty on the Functioning of the European Union,

– having regard to 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] (SRMR), and in particular Articles 65(5) and 93(6) thereof,

– having regard to Rule 111(6) of its Rules of Procedure,

– having regard to the recommendation for a decision of the Committee on Economic and Monetary Affairs,

– having regard to the fact that no objections have been raised within the period laid down in the third and fourth indents of Rule 111(6) of its Rules of Procedure, which expired on [9 March] 2021,

A. whereas the Single Resolution Board (‘the Board’) relies on the data on total assets and total risk exposures that the European Central Bank (ECB) collects from the entities that are subject to the Single Resolution Mechanism to calculate the supervisory fees referred to in Regulation (EU) No 1163/2014 of the European Central Bank[2] when calculating the individual annual contributions referred to in Commission Delegated Regulation (EU) 2017/2361[3]; whereas Regulation (EU) No 1163/2014 has been amended by Regulation (EU) 2019/2155 of the European Central Bank[4], thereby changing the levying approach from one that provides for advance payment of the annual supervisory fees to the ECB to one that provides for the levying of supervisory fees only after the end of the relevant fee period;

B. whereas those changes by the ECB require amendments to the deadlines for the transmission of the data and for the issuance of the contribution notices under Delegated Regulation (EU) 2017/2361 in order to maintain coherence between the Board’s system of levying contributions in advance and the ECB’s new regime, and to enable the Board to continue calculating and raising in advance the annual contributions;

C. whereas the delegated regulation should enter into force as a matter of urgency since the Board needs to apply the transitional arrangements in order to raise the contributions for its administrative expenditures for the financial year 2021 as soon as possible after the beginning of the year;

1. Declares that it has no objections to the delegated regulation;

2. Instructs its President to forward this decision to the Council and the Commission.