Appointment of Karen Braun-Munzinger as a new member of the Single Resolution Board

Committee on Economic and Monetary Affairs

European Parliament decision of 23 April 2024 on the proposal for the appointment of a member of the Single Resolution Board (N9-0006/2024 – C9-0064/2024 – 2024/0901(NLE))

(Approval)

The European Parliament,

–having regard to the Commission proposal of 12 March 2024 for the appointment of Karen Braun-Munzinger as Member of the Single Resolution Board (C9-0064/2024),

–having regard to Article 56(6) of Regulation (EU) No 806/2014 of the European Parliament and of the Council of 15 July 2014 establishing uniform rules and a uniform procedure for the resolution of credit institutions and certain investment firms in the framework of a Single Resolution Mechanism and a Single Resolution Fund and amending Regulation (EU) No 1093/2010,

–having regard to its resolution of 14 March 2019 on gender balance in EU economic and monetary affairs nominations,

–having regard to its resolution of 16 January 2020 on institutions and bodies of the Economic and Monetary Union: preventing post-public employment conflicts of interest,

–having regard to Rule 131 of its Rules of Procedure,

–having regard to the report of the Committee on Economic and Monetary Affairs (A9-0150/2024),

A.whereas Article 56(4) of Regulation (EU) No 806/2014 provides that the members of the Single Resolution Board referred to in Article 43(1), point (b), of that Regulation are to be appointed on the basis of merit, skills, knowledge of banking and financial matters, and of experience relevant to financial supervision, regulation and bank resolution;

B.whereas Parliament is committed to ensuring gender balance in top positions in the field of banking and financial services; whereas all Union and national institutions and bodies should implement concrete measures to ensure gender balance;

C.whereas in accordance with Article 56(6) of Regulation (EU) No 806/2014, on 21 February 2024 the Commission adopted a shortlist for the position of Member of the Single Resolution Board;

D.whereas in accordance with Article 56(6) of Regulation (EU) No 806/2014, the Commission provided the shortlist to Parliament;

E.whereas on 12 March 2024, the Commission adopted a proposal to appoint Karen Braun-Munzinger as Member of the Single Resolution Board and transmitted that proposal to Parliament;

F.whereas the Committee on Economic and Monetary Affairs then proceeded to evaluate the credentials of the proposed candidate for the functions of Member of the Single Resolution Board, in particular in view of the requirements laid down in Article 56(4) of Regulation (EU) No 806/2014;

G.whereas on 20 March 2024, the Committee on Economic and Monetary Affairs held a hearing with Karen Braun-Munzinger, at which she made an opening statement and then answered questions put by members of the Committee;

1.Approves the appointment of Karen Braun-Munzinger as Member of the Single Resolution Board for a period of five years;

2. Instructs its President to forward this decision to the European Council, the Council, the Commission and the governments of the Member States.