Vote on Specific tasks for the ECB concerning policies relating to the prudential supervision of credit institutions:

Type: News   Reference: 93853   Duration: 00:01:20  Lieu: Strasbourg, France - European Parliament
End production: 22/05/2013   First transmission: 22/05/2013
- extracts from the vote on the report Marianne THYSSEN (EPP, BE) Background: Draft laws setting up a single EU bank supervisory system were approved in a plenary vote on Wednesday. The European Central Bank will supervise the Eurozone's largest banks directly and have a say in supervising other banks. However, Parliament will give its final seal of approval only later, to allow time for parallel talks with the ECB on detailed accountability arrangements. Parliament's plenary must still give its final approval of the deal in the near future. Meanwhile, national parliaments may also express their views and an inter-institutional agreement on detailed accountability and transparency rules will be hammered out by Parliament and the ECB. For legal reasons, the details of Parliament's powers of control over the ECB supervisor will be set out in an inter-institutional arrangement.

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TIME DESCRIPTION DURATION
00:00:00 Title 00:00:10
00:00:10 vote on an amendement on Thyssen report, (11 shots) 00:00:37
00:00:47 SOUNDBITE (English): Marianne THYSSEN (EPP, BE), rapporteur: "For the same reasons as Sven Giegold had set out, the reasons that we talked about on Monday on 5 o'clock when we discussed the agenda and therefore I like to ask for the vote the draft legislative resolution to be postponed, thank you very much." 00:00:20
00:01:07 vote on the postponement of the Thyssen report, EP awaits inter-institutional agreement, (3 shots) 00:00:13
00:01:20 END 00:00:00
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