The Committee on Economic and Monetary Affairs adopted the report by Sharon BOWLES (ALDE, UK) on the proposal for a regulation of the European Parliament and of the Council amending Regulation (EU) N° 260/2012 as regards the migration to Union-wide credit transfers and direct debits.
The committee recommended that Parliaments position adopted in first reading, following the ordinary legislative procedure, should amend the Commission proposal.
Only slight linguistic changes have been made to the text.
It is important to note that for reasons of urgency it is justified to proceed to the vote before the expiry of the deadline of eight weeks laid down in Article 6 of Protocol No 2 on the application of the principles of subsidiarity and proportionality.