Legislative Observatory
European Parliament
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2021/0296(COD)

Framework for the recovery and resolution of insurance and reinsurance undertakings

Basic information

2021/0296(COD)

COD - Ordinary legislative procedure (ex-codecision procedure)

Directive

Amending Directive 2002/47 2001/0086(COD)
Amending Directive 2004/25 2002/0240(COD)
Amending Directive 2009/138 2007/0143(COD)
Amending Regulation 2010/1094 2009/0143(COD)
Amending Regulation 2012/648 2010/0250(COD)
Amending Directive 2017/1132 2015/0283(COD)

Subject

2.50.03 Securities and financial markets, stock exchange, CIUTS, investments
2.50.05 Insurance, pension funds
2.50.08 Financial services, financial reporting and auditing
2.50.10 Financial supervision

Legislative priorities

Joint Declaration 2021
Joint Declaration 2022
Joint Declaration 2023-24

Status

Awaiting signature of act

Please go to Documentation gateway for any follow-up documents.

Key players

Key events

Date Event Reference Summary
23/09/2021 Legislative proposal published COM(2021)0582
22/11/2021 Committee referral announced in Parliament, 1st reading
18/07/2023 Vote in committee, 1st reading
18/07/2023 Committee decision to open interinstitutional negotiations with report adopted in committee
26/07/2023 Committee report tabled for plenary, 1st reading A9-0251/2023
11/09/2023 Committee decision to enter into interinstitutional negotiations announced in plenary (Rule 71)
13/09/2023 Committee decision to enter into interinstitutional negotiations confirmed by plenary (Rule 71)
29/01/2024 Approval in committee of the text agreed at 1st reading interinstitutional negotiations PE758.182 GEDA/A/(2024)000531
23/04/2024 Decision by Parliament, 1st reading T9-0294/2024
23/04/2024 Results of vote in Parliament
05/11/2024 Act adopted by Council after Parliament's 1st reading

Technical information

Procedure Information
Procedure reference 2021/0296(COD)
Procedure type COD - Ordinary legislative procedure (ex-codecision procedure)
Nature of procedure Legislation
Legislative instrument Directive
Amending Directive 2002/47 2001/0086(COD)
Amending Directive 2004/25 2002/0240(COD)
Amending Directive 2009/138 2007/0143(COD)
Amending Regulation 2010/1094 2009/0143(COD)
Amending Regulation 2012/648 2010/0250(COD)
Amending Directive 2017/1132 2015/0283(COD)
Legal basis Treaty on the Functioning of the EU TFEU 114
Mandatory consultation of other institutions European Economic and Social Committee
Stage reached in procedure Awaiting signature of act
Committee dossier ECON/9/07222

Documentation gateway

  • Document type Committee Reference Date Summary
    Committee draft report PE732.670 02/06/2022
    Amendments tabled in committee PE732.672 18/07/2022
    Committee report tabled for plenary, 1st reading/single reading A9-0251/2023 26/07/2023
    Text agreed during interinstitutional negotiations PE758.182 24/01/2024
    Text adopted by Parliament, 1st reading/single reading T9-0294/2024 23/04/2024
  • Document type Reference Date Summary
    Coreper letter confirming interinstitutional agreement GEDA/A/(2024)000531 24/01/2024
    Draft final act 00006/2024/LEX 27/11/2024
  • Document type Reference Date Summary
    Legislative proposal COM(2021)0582 23/09/2021
    Commission response to text adopted in plenary SP(2024)394 08/08/2024
  • Document type Parliament/Chamber Reference Date Summary
    Contribution SE_PARLIAMENT COM(2021)0582 04/01/2022
  • Institution/body Document type Reference Date Summary
    ESC Economic and Social Committee: opinion, report CES5378/2021 23/02/2022

Additional information

Source Document Date
EP Research Service Briefing 13/03/2024

Transparency

Meetings with interest representatives published in line with the Rules of Procedure