Legislative resolution embodying Parliament's opinion on the proposal for a European Parliament and Council Directive amending Directive 77/780/EEC on the coordination of laws, regulations and administrative provisions relating to the taking up, the pursuit and the prudential supervision of the business of electronic money institutions (COM(98)0461 -C4-0532/98 98/0253(COD)) (Codecision procedure: first reading)
30. 7. 1999 EN Official Journal of the European Communities C 219/421 II. Thursday 15 April 1999 Proposal for a European Parliament and Council Directive amending Directive 77/780/EEC on the coordination of laws, regulations and administrative provisions relating to the taking up and pursuit of the business of credit institutions (COM(98)0461 − C4-0532/98 − 98/0253(COD)) The proposal was approved with the following amendments: TEXT PROPOSED BY THE COMMISSION (*) AMENDMENTS BY PARLIAMENT (Amendment 24) Recital 4a (new) Whereas it is necessary for electronic money to be redeem- able to ensure bearer confidence; (Amendment 25) Article 1a (new) Article 1a Article 2a of European Parliament and Council Directive 99/. /EC on the taking up, the pursuit and the prudential supervision of the business of electronic money institutions shall apply to credit institutions. (*) OJ C 317, 15. 10. 1998, p. 12. Legislative resolution embodying Parliament’s opinion on the proposal for a European Parliament and Council Directive amending Directive 77/780/EEC on the coordination of laws, regulations and administrative provisions relating to the taking up and pursuit of the business of credit institutions (COM(98)0461 − C4-0532/98 − 98/0253(COD)) (Codecision procedure: first reading) The European Parliament, − having regard to the Commission proposal to Parliament and the Council, COM(98)0461 − 98/0253(COD) (1), − having regard to Article 189b(2) and 57(2) of the EC Treaty, pursuant to which the Commission submitted the proposal to Parliament (C4-0532/98), − having regard to Rule 58 of its Rules of Procedure, − having regard to the report of the Committee on Legal Affairs and Citizens’ Rights and the opinion of the Committee on Economic and Monetary Affairs and Industrial Policy (A4-0156/99), 1. Approves the Commission proposal, subject to Parliament’s amendments; Calls on the Commission to alter its proposal accordingly, pursuant to Article 189a(2) of the EC 2. Treaty; (1) OJ C 317, 15. 10. 1998, p. 12