2019-2024

Committee on Economic and Monetary Affairs

ECON_PV(2021)0318_1

MINUTES

Meeting of 18 March 2021, 09.00-12.00

BRUSSELS

The meeting opened at 09.02 with Irene Tinagli, Chairwoman, presiding.

1. Adoption of agenda

The agenda was adopted in the form shown in these minutes.

2. Chair's announcements

Summary of decisions and recommendations - Coordinators’ meeting of 1 March 2021 (videoconference)

1. EU-UK Trade and Cooperation Agreement: Follow-up

Coordinators agreed that ECON would establish a monitoring group, to be chaired by the ECON Chair, made up of one Member per political group, to be appointed by the Coordinators.

In relation to the wish of FISC to appoint a standing rapporteur it was agreed that given the main issues involved (MoU, state aid etc.) ECON would continue to handle matters with FISC being involved when necessary, e.g. taxation issues.

2. Nominations

Amending Council Regulation (EU) No 389/2012 on administrative cooperation in the

PV\1227244EN.docx PE689.859v01-00

EN United in diversityEN field of excise duties as regards the content of electronic registers: o Subject to a Committee decision, it was agreed to proceed with this proposal by simplified procedure (Rule 52) with a Bureau Member as rapporteur.

3. Public hearings o Gamestop: Taking stock of the exchange of views and potential follow-up

It was agreed that a letter would be sent to the Commission in order to seek clarification of the interpretation of MiFID in relation to the legality of neo brokers' business models that are based on payment for order flow and whether legislative changes are required to address the issue, following the discussion at the hearing of 23 February. o Sustainable finance

It was agreed to accept an ECON-ENVI joint hearing, with two experts nominated by ECON and two by ENVI. o Digital Finance

For reasons linked to the timetables of the files as well as authorisation needed for a public hearing it was agreed that Committee time would be found for the presentation of the draft reports of the digital finance package.

4. ECA o Special reports: The following was agreed:

 Two reports (non-banking financial sector and anti-money laundering) would be presented in ECON.  The BUWG could deal with the report on state aid to financial institutions.  The Access to finance for SMEs WG could deal with the report on CMU.  The FISC Subcommittee could deal with two reports on taxation issues.  WGs, if they so wished, could invite an ECA Member to present other special reports.  The issue would be discussed again at the July Coordinators’ meeting. A number of further agenda items were postponed to the next meeting or agreed to be dealt with by written procedure, for lack of time.

3. Report on ongoing interinstitutional negotiations

Directive on Non-Performing Loans - Secondary markets - Trilogue of 12 March 2021

The second trilogue on the Directive on credit servicers and credit purchaser (Non Performing Loans - Part A) took place on 12 March 2021. Issues discussed addressed subject matter and scope, credit purchasers, consumer/borrower protection, the authorisation regime, supervision and passporting and other remaining issues. A mandate was given for further technical work. The date of the next trilogue will be

PE689.859v01-00 2/10 PV\1227244EN.docx EN confirmed soon.

4. Monetary Dialogue with Christine Lagarde, President of the European Central Bank ECON/9/01878 Speakers: Irene Tinagli, Christine Lagarde, Markus Ferber, , Luis Garicano, , Ernest Urtasun, Johan Van Overtveldt, José Gusmão, Lídia Pereira, , Caroline Nagtegaal, Georgios Kyrtsos, Gunnar Beck, , Sven Giegold, Roberts Zīle, Frances Fitzgerald, Eero Heinäluoma.

5. Implementation of EU requirements for exchange of tax information: progress, lessons learnt and obstacles to overcome ECON/9/02644 2020/2046(INI) PR – PE663.101v01-00 Responsible: ECON Opinions: LIBE  Consideration of draft report Speakers: Irene Tinagli, Sven Giegold, Lídia Pereira, , Eugen Jurzyca.

The vote on item 6 took place from 14:00 to 15:00.

6. Amending Regulation (EU) 2017/2402 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation to help the recovery from the COVID-19 pandemic ECON/9/03674 ***I 2020/0151(COD) COM(2020)0282 – C9-0207/2020 Rapporteur: Paul Tang (S&D) AG – PE663.108v01-00 LA – GEDA/A/(2020)007618 Responsible: ECON  Vote on the addendum to the provisional agreement resulting from interinstitutional negotiations Decision: Adopted.: 40 votes to 11, with 7 abstentions

7. Any other business None

PV\1227244EN.docx 3/10 PE689.859v01-00 EN 8. Next meetings Confirmed Tuesday 23 March 2021, 09:00 - 11:15 and 13:45 - 15:45 The meeting ended at 11:38.

PE689.859v01-00 4/10 PV\1227244EN.docx EN Results of roll-call votes

Contents

1. AMs to Amending Regulation (EU) 2017/2402 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation to help the recovery from the COVID-19 pandemic, 2020/0151(COD) Paul Tang...... 6 1.1. Final vote ...... 6

Key to symbols: + : in favour - : against 0 : abstention

PV\1227244EN.docx 5/10 PE689.859v01-00 EN 1. AMs to Amending Regulation (EU) 2017/2402 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation to help the recovery from the COVID-19 pandemic, 2020/0151(COD) Paul Tang.

1.1. Final vote

40 +

ECR Eugen Jurzyca

ID , , Antonio Maria Rinaldi,

PPE Isabel Benjumea Benjumea, Stefan Berger, Markus Ferber, Frances Fitzgerald, José Manuel García-Margallo y Marfil, Christophe Hansen, Danuta Maria Hübner, Othmar Karas, Georgios Kyrtsos, Aušra Maldeikienė, Siegfried Mureşan, Luděk Niedermayer, Sirpa Pietikäinen, Jessica Polfjärd, Ralf Seekatz, Inese Vaidere

Renew Gilles Boyer, Engin Eroglu, Luis Garicano, Billy Kelleher, Ondřej Kovařík, Caroline Nagtegaal, Dragoș Pîslaru, Stéphanie Yon-Courtin

S&D , Jonás Fernández, Eero Heinäluoma, Pedro Marques, , Csaba Molnár, Evelyn Regner, , , Paul Tang, Irene Tinagli

11 -

ID Jörg Meuthen

NI Lefteris Nikolaou-Alavanos

S&D , Alfred Sant

Verts/ALE Sven Giegold, Claude Gruffat, Stasys Jakeliūnas, Philippe Lamberts, , Kira Marie Peter-Hansen, Ernest Urtasun

7 0

ECR Derk Jan Eppink, Johan Van Overtveldt, Roberts Zīle

ID Gunnar Beck, France Jamet

The Left José Gusmão, Chris MacManus

Corrections to votes and voting intentions +

-

0

PE689.859v01-00 6/10 PV\1227244EN.docx EN ПРИСЪСТВЕН ЛИСТ/LISTA DE ASISTENCIA/PREZENČNÍ LISTINA/DELTAGERLISTE/ ANWESENHEITSLISTE/KOHALOLIJATE NIMEKIRI/ΚΑΤΑΣΤΑΣΗ ΠΑΡΟΝΤΩΝ/RECORD OF ATTENDANCE/ LISTE DE PRÉSENCE/POPIS NAZOČNIH/ELENCO DI PRESENZA/APMEKLĒJUMU REĢISTRS/DALYVIŲ SĄRAŠAS/ JELENLÉTI ÍV/REĠISTRU TA' ATTENDENZA/PRESENTIELIJST/LISTA OBECNOŚCI/LISTA DE PRESENÇAS/ LISTĂ DE PREZENŢĂ/PREZENČNÁ LISTINA/SEZNAM NAVZOČIH/LÄSNÄOLOLISTA/NÄRVAROLISTA

Бюро/Mesa/Předsednictvo/Formandskabet/Vorstand/Juhatus/Προεδρείο/Bureau/Predsjedništvo/Ufficio di presidenza/Prezidijs/ Biuras/Elnökség/Prezydium/Birou/Predsedníctvo/Predsedstvo/Puheenjohtajisto/Presidiet (*)

Irene Tinagli, Luděk Niedermayer

Членове/Diputados/Poslanci/Medlemmer/Mitglieder/Parlamendiliikmed/Βουλευτές/Members/Députés/Zastupnici/Deputati/Deputāti/ Nariai/Képviselõk/Membri/Leden/Posłowie/Deputados/Deputaţi/Jäsenet/Ledamöter

Gunnar Beck*, Gilles Boyer, Markus Ferber*, Frances Fitzgerald, José Manuel García-Margallo y Marfil*, Luis Garicano, Sven Giegold, Eero Heinäluoma, Stasys Jakeliūnas , Georgios Kyrtsos, Aurore Lalucq, Aušra Maldeikienė, Pedro Marques, Caroline Nagtegaal, Lefteris Nikolaou-Alavanos, Lídia Pereira, Sirpa Pietikäinen, Evelyn Regner, Antonio Maria Rinaldi*, Alfred Sant, Joachim Schuster, Pedro Silva Pereira, Paul Tang*, Ernest Urtasun*, Inese Vaidere, Johan Van Overtveldt*, Roberts Zīle

Заместници/Suplentes/Náhradníci/Stedfortrædere/Stellvertreter/Asendusliikmed/Αναπληρωτές/Substitutes/Suppléants/Zamjenici/ Supplenti/Aizstājēji/Pavaduojantysnariai/Póttagok/Sostituti/Plaatsvervangers/Zastępcy/Membros suplentes/Supleanţi/Náhradníci/ Namestniki/Varajäsenet/Suppleanter

Herbert Dorfmann*, Eugen Jurzyca, Chris MacManus, Margarida Marques, Mick Wallace*

* present in the room

209 (7)

216 (3)

56 (8) (Точка от дневния ред/Punto del orden del día/Bod pořadu jednání (OJ)/Punkt på dagsordenen/Tagesordnungspunkt/ Päevakorra punkt/Σημείο της ημερήσιας διάταξης/Agenda item/Point OJ/Točka dnevnog reda/Punto all'ordine del giorno/Darba kārtības punkts/Darbotvarkės punktas/Napirendi pont/Punt Aġenda/Agendapunt/Punkt porządku dziennego/Ponto OD/Punct de pe ordinea de zi/Bod programu schôdze/Točka UL/Esityslistan kohta/Punkt på föredragningslistan)

PV\1227244EN.docx 7/10 PE689.859v01-00 EN Наблюдатели/Observadores/Pozorovatelé/Observatører/Beobachter/Vaatlejad/Παρατηρητές/Observers/Observateurs/Promatrači/ Osservatori/Novērotāji/Stebėtojai/Megfigyelők/Osservaturi/Waarnemers/Obserwatorzy/Observadores/Observatori/Pozorovatelia/ Opazovalci/Tarkkailijat/Observatörer

По покана на председателя/Por invitación del presidente/Na pozvání předsedy/Efter indbydelse fra formanden/Auf Einladung des Vorsitzenden/Esimehe kutsel/Με πρόσκληση του Προέδρου/At the invitation of the Chair/Sur l’invitation du président/ Na poziv predsjednika/Su invito del presidente/Pēc priekšsēdētāja uzaicinājuma/Pirmininkui pakvietus/Az elnök meghívására/ Fuq stedina taċ-'Chairman'/Op uitnodiging van de voorzitter/Na zaproszenie Przewodniczącego/A convite do Presidente/La invitaţia preşedintelui/ Na pozvanie predsedu/Na povabilo predsednika/Puheenjohtajan kutsusta/På ordförandens inbjudan

Съвет/Consejo/Rada/Rådet/Rat/Nõukogu/Συμβούλιο/Council/Conseil/Vijeće/Consiglio/Padome/Taryba/Tanács/Kunsill/Raad/ Conselho/Consiliu/Svet/Neuvosto/Rådet (*)

Комисия/Comisión/Komise/Kommissionen/Kommission/Komisjon/Επιτροπή/Commission/Komisija/Commissione/Bizottság/ Kummissjoni/Commissie/Komisja/Comissão/Comisie/Komisia/Komissio/Kommissionen (*)

Други институции и органи/Otras instituciones y organismos/Ostatní orgány a instituce/Andre institutioner og organer/Andere Organe und Einrichtungen/Muud institutsioonid ja organid/Λοιπά θεσμικά όργανα και οργανισμοί/Other institutions and bodies/Autres institutions et organes/Druge institucije i tijela/Altre istituzioni e altri organi/Citas iestādes un struktūras/Kitos institucijos ir įstaigos/ Más intézmények és szervek/Istituzzjonijiet u korpi oħra/Andere instellingen en organen/Inne instytucje i organy/Outras instituições e outros órgãos/Alte instituții și organe/Iné inštitúcie a orgány/Muut toimielimet ja elimet/Andra institutioner och organ

Други участници/Otros participantes/Ostatní účastníci/Endvidere deltog/Andere Teilnehmer/Muud osalejad/Επίσης παρόντες/Other participants/Autres participants/Drugi sudionici/Altri partecipanti/Citi klātesošie/Kiti dalyviai/Más résztvevők/Parteċipanti ohra/Andere aanwezigen/Inni uczestnicy/Outros participantes/Alţi participanţi/Iní účastníci/Drugi udeleženci/Muut osallistujat/Övriga deltagare

PE689.859v01-00 8/10 PV\1227244EN.docx EN Секретариат на политическите групи/Secretaría de los Grupos políticos/Sekretariát politických skupin/Gruppernes sekretariat/ Sekretariat der Fraktionen/Fraktsioonide sekretariaat/Γραμματεία των Πολιτικών Ομάδων/Secretariats of political groups/Secrétariat des groupes politiques/Tajništva klubova zastupnika/Segreteria gruppi politici/Politisko grupu sekretariāts/Frakcijų sekretoriai/ Képviselőcsoportok titkársága/Segretarjat gruppi politiċi/Fractiesecretariaten/Sekretariat Grup Politycznych/Secretariado dos grupos políticos/Secretariate grupuri politice/Sekretariát politických skupín/Sekretariat političnih skupin/Poliittisten ryhmien sihteeristöt/ De politiska gruppernas sekretariat

PPE S&D Renew ID Verts/ALE ECR The Left NI

Кабинет на председателя/Gabinete del Presidente/Kancelář předsedy/Formandens Kabinet/Kabinett des Präsidenten/Presidendi kantselei/Γραφείο του Προέδρου/President's Office/Cabinet du Président/Ured predsjednika/Gabinetto del Presidente/Priekšsēdētāja kabinets/Pirmininko kabinetas/Elnöki hivatal/Kabinett tal-President/Kabinet van de Voorzitter/Gabinet Przewodniczącego/Gabinete do Presidente/Cabinet Preşedinte/Kancelária predsedu/Urad predsednika/Puhemiehen kabinetti/Talmannens kansli

Кабинет на генералния секретар/Gabinete del Secretario General/Kancelář generálního tajemníka/Generalsekretærens Kabinet/ Kabinett des Generalsekretärs/Peasekretäri büroo/Γραφείο του Γενικού Γραμματέα/Secretary-General's Office/Cabinet du Secrétaire général/Ured glavnog tajnika/Gabinetto del Segretario generale/Ģenerālsekretāra kabinets/Generalinio sekretoriaus kabinetas/ Főtitkári hivatal/Kabinett tas-Segretarju Ġenerali/Kabinet van de secretaris-generaal/Gabinet Sekretarza Generalnego/Gabinete do Secretário-Geral/Cabinet Secretar General/Kancelária generálneho tajomníka/Urad generalnega sekretarja/Pääsihteerin kabinetti/ Generalsekreterarens kansli

Генерална дирекция/Dirección General/Generální ředitelství/Generaldirektorat/Generaldirektion/Peadirektoraat/Γενική Διεύθυνση/ Directorate-General/Direction générale/Glavna uprava/Direzione generale/Ģenerāldirektorāts/Generalinis direktoratas/Főigazgatóság/ Direttorat Ġenerali/Directoraten-generaal/Dyrekcja Generalna/Direcção-Geral/Direcţii Generale/Generálne riaditeľstvo/Generalni direktorat/Pääosasto/Generaldirektorat

DG PRES DG IPOL DG EXPO DG EPRS DG COMM DG PERS DG INLO DG TRAD DG LINC DG FINS DG ITEC DG SAFE

PV\1227244EN.docx 9/10 PE689.859v01-00 EN Правна служба/Servicio Jurídico/Právní služba/Juridisk Tjeneste/Juristischer Dienst/Õigusteenistus/Νομική Υπηρεσία/Legal Service/ Service juridique/Pravna služba/Servizio giuridico/Juridiskais dienests/Teisės tarnyba/Jogi szolgálat/Servizz legali/Juridische Dienst/ Wydział prawny/Serviço Jurídico/Serviciu Juridic/Právny servis/Oikeudellinen yksikkö/Rättstjänsten

Секретариат на комисията/Secretaría de la comisión/Sekretariát výboru/Udvalgssekretariatet/Ausschusssekretariat/Komisjoni sekretariaat/Γραμματεία της επιτροπής/Committee secretariat/Secrétariat de la commission/Tajništvo odbora/Segreteria della commissione/Komitejas sekretariāts/Komiteto sekretoriatas/A bizottság titkársága/Segretarjat tal-kumitat/Commissiesecretariaat/ Sekretariat komisji/Secretariado da comissão/Secretariat comisie/Sekretariat odbora/Valiokunnan sihteeristö/Utskottssekretariatet

Claudia Lindemann

Сътрудник/Asistente/Asistent/Assistent/Assistenz/Βοηθός/Assistant/Assistente/Palīgs/Padėjėjas/Asszisztens/Asystent/Pomočnik/ Avustaja/Assistenter

Brendan Dignam, Maxime Servotte

* (P) = Председател/Presidente/Předseda/Formand/Vorsitzender/Esimees/Πρόεδρος/Chair/Président/Predsjednik/Priekšsēdētājs/ Pirmininkas/Elnök/'Chairman'/Voorzitter/Przewodniczący/Preşedinte/Predseda/Predsednik/Puheenjohtaja/Ordförande (VP) = Заместник-председател/Vicepresidente/Místopředseda/Næstformand/Stellvertretender Vorsitzender/Aseesimees/Αντιπρόεδρος/ Vice-Chair/Potpredsjednik/Vice-Président/Potpredsjednik/Priekšsēdētāja vietnieks/Pirmininko pavaduotojas/Alelnök/ Viċi 'Chairman'/Ondervoorzitter/Wiceprzewodniczący/Vice-Presidente/Vicepreşedinte/Podpredseda/Podpredsednik/ Varapuheenjohtaja/Vice ordförande (M) = Член/Miembro/Člen/Medlem/Mitglied/Parlamendiliige/Βουλευτής/Member/Membre/Član/Membro/Deputāts/Narys/Képviselő/ Membru/Lid/Członek/Membro/Membru/Člen/Poslanec/Jäsen/Ledamot (F) = Длъжностно лице/Funcionario/Úředník/Tjenestemand/Beamter/Ametnik/Υπάλληλος/Official/Fonctionnaire/Dužnosnik/ Funzionario/Ierēdnis/Pareigūnas/Tisztviselő/Uffiċjal/Ambtenaar/Urzędnik/Funcionário/Funcţionar/Úradník/Uradnik/Virkamies/ Tjänsteman

PE689.859v01-00 10/10 PV\1227244EN.docx EN