THE EUROPEAN PARLIAMENT AND THE COUNCIL OF THE EUROPEAN UNION,
Having regard to the Treaty on the Functioning of the European Union, and in particular Article 53(1) thereof, Having regard to the proposal from the European Commission,
After transmission of the draft legislative act to the national parliaments, Having regard to the opinion of the European Central Bank [Opinion of 29 April 2016 (not yet published in the Official Journal).],
Having regard to the opinion of the European Economic and Social Committee [Opinion of 26 May 2016 (not yet published in the Official Journal).], Acting in accordance with the ordinary legislative procedure [Position of the European Parliament of 7 June 2016 (not yet published in the Official Journal) and Council decision of 17 June 2016 (not yet published in the Official Journal).],
Whereas:
(1) Regulation (EU) No 600/2014 of the European Parliament and of the Council [Regulation (EU) No 600/2014 of the European Parliament and of the Council of 15 May
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