Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-02-02-Speech-3-228-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20110202.17.3-228-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spoken text |
"Mr President, I would like to thank the Commissioner and the honourable Members – my dear ex-colleagues – for giving me the opportunity to comment, on behalf of the Council, on the appointment process of the chairs and executive directors of the new European Supervisory Authorities – the ESAs – and on the principles that should guide the performance of their duties.
As the honourable Members will be aware, the Commission is also entrusted, in recital 55 of the regulations, with the responsibility of drawing up a shortlist of candidates to steer the process of selecting the first chairperson of each authority. Parliament and the Council agreed to this starting procedure when adopting the regulations.
I hope that the chairpersons will now be able to start their work. It is of primary importance for the new agencies to be up and running as soon as possible. They are an essential part of the EU’s response to the challenges posed by the financial crisis. We cannot afford to wait, and I am sure I can count on the full support of Parliament to ensure the smooth establishment and running of the new agencies.
As a result of the good cooperation between Parliament and the Council, the EU has a brand new supervisory authority structure. It is our common responsibility to ensure that ESAs get down to business as soon as possible.
As the representative of a Parliament-friendly Presidency, I am fully commited to working in maximum harmony with the European Parliament, and I also hope to be able to work with a Parliament that is a faithful partner.
The ESA regulations, which we adopted less than three months ago, give no specific role to the Council in the appointments of the chair and executive director of each ESA, which are made by the respective board of supervisors.
Hence, in accordance with the ESA regulations, the chairperson of each ESA is appointed by the board of supervisors. Furthermore, the ESA regulations give a crucial role to the European Parliament, which has been granted the possibility of objecting to the appointment of those senior executives and of removing a chairperson from office following a decision of the board of supervisors.
Where, then, does the Council stand in this scenario? Well, the Council, as co-legislator, has agreed with Parliament to insert in these regulations provisions that aim to ensure that members of the board of supervisors – the management board – the chairperson and the executive director of each ESA are protected by, and bound to, strict independence so as to act solely in the interests of the Union.
I will not quote in full the provisions of those regulations, and more particularly Articles 42, 46, 49 and 52, but their spirit is clear. This is that neither the voting members of the boards, nor the chairperson or executive director, shall seek or take instructions from EU institutions or bodies, Member State governments or any public or private body, and that these, in turn, shall not seek to influence the chair or the executive director in the performance of their tasks.
The ESA regulations are subject to the staff regulations adopted by the EU institutions. They also contain a number of key provisions that aim to ensure that the chair and executive director of each authority are selected in the most objective way, on the strict basis of the criteria set out in Articles 48 and 51 of the regulations.
Apart from the managerial experience specific to the executive director’s profile, I note that both those articles list as criteria ‘merit, skills, knowledge of financial institutions and markets, and experience relevant to financial supervision and regulation’.
As far as financing is concerned, the Council placed high ambitions on the ESAs when it adopted the regulations, and I am sure that was also the case with Parliament. It now falls to both institutions, as budgetary authorities, to ensure that those ambitions are translated into the appropriate means each year, on the basis of the Commission’s budgetary proposal.
The Presidency also attaches great importance to all Member States fulfilling their obligations towards the new authorities. For the Council, as co-legislator, it is essential that all the provisions of the regulations are implemented completely and faithfully. We expect the European Commission, as the Guardian of the Treaties, to ensure that this is indeed the case."@en1
|
| lpv:unclassifiedMetadata | |
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples