2025/0022(COD)

Securities settlement in the EU and central securities depositories (CSDs): shorter settlement cycle in the Union

Basic information

2025/0022(COD)

COD - Ordinary legislative procedure (ex-codecision procedure)

Regulation

Amending Regulation 2014/0909 2012/0029(COD)

Subject

2.50.03 Securities and financial markets, stock exchange, CIUTS, investments
2.50.04 Banks and credit
2.50.08 Financial services, financial reporting and auditing
2.50.10 Financial supervision

Status

Awaiting Parliament's position in 1st reading

Key events

Date Event Reference Summary
12/02/2025 Legislative proposal published COM(2025)0038
10/03/2025 Committee referral announced in Parliament, 1st reading
20/05/2025 Vote in committee, 1st reading
20/05/2025 Committee report tabled for plenary, 1st reading A10-0095/2025
20/05/2025 Committee decision to open interinstitutional negotiations with report adopted in committee
21/05/2025 Committee decision to enter into interinstitutional negotiations announced in plenary (Rule 71)
22/05/2025 Committee decision to enter into interinstitutional negotiations confirmed by plenary (Rule 71)

Forecasts

Date Subject
08/09/2025 Indicative plenary sitting date, 1st reading

Technical information

Procedure reference 2025/0022(COD)
Procedure type COD - Ordinary legislative procedure (ex-codecision procedure)
Procedure subtype Legislation
Legislative instrument Regulation
Amendments and repeals Amending Regulation 2014/0909 2012/0029(COD)
Legal basis Treaty on the Functioning of the EU TFEU 114
Other legal basis Rules of Procedure EP 165
Mandatory consultation of other institutions European Economic and Social Committee
Stage reached in procedure Awaiting Parliament's position in 1st reading
Committee dossier ECON/10/02166

Documentation gateway

  • Document type Committee Reference Date Summary
    Committee draft report PE770.091 10/04/2025
    Amendments tabled in committee PE773.076 30/04/2025
    Committee report tabled for plenary, 1st reading/single reading A10-0095/2025 20/05/2025
    Text agreed during interinstitutional negotiations PE775.572 07/07/2025
  • Document type Reference Date Summary
    Coreper letter confirming interinstitutional agreement GEDA/A/(2025)003233 27/06/2025
  • Document type Reference Date Summary
    Legislative proposal COM(2025)0038 12/02/2025
    Document attached to the procedure SWD(2025)0037 12/02/2025
  • Document type Parliament/Chamber Reference Date Summary
    Contribution ES_PARLIAMENT COM(2025)0038 13/03/2025
    Contribution IT_CHAMBER COM(2025)0038 01/04/2025
  • Institution/body Document type Reference Date Summary
    ECB European Central Bank: opinion, guideline, report CON/2025/0007 OJ OJ C 14.04.2025 14/04/2025
    EESC Economic and Social Committee: opinion, report CES0853/2025 30/04/2025