Banking Union - annual report 2022

Reference A9-0177/2023Committee ECON

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How the groups voted

GroupForAgainstAbstainedAbsentUnity

The Left37

3285178%

S&D143

1220021100%

Greens/EFA72

The European Parliament adopted by 454 votes to 152, with 16 abstentions, a resolution on the Banking Union - Annual Report 2022.Parliament recalled that the Banking Union is an essential complement to the Economic and Monetary Union and the single market that aligns responsibility for supervision, resolution and funding at EU level, meaning that banks across the euro area abide by the same rule book. It welcomed the considerable progress made since the 2008 financial crisis thanks to the introduction of the single regulatory framework, the Single Supervisory Mechanism (SSM) and the Single Resolution Mechanism (SRM). European banks are better able to withstand financial shocks and resolution mechanisms are in place to deal with bank…