2025/0381(COD)
Banks and financial markets: settlement finality in payment and securities settlement systems
Basic information
2025/0381(COD)
COD - Ordinary legislative procedure (ex-codecision procedure)
Regulation
Repealing Directive 98/26
1996/0126(COD)
Amending Directive 2002/47
2001/0086(COD)
Subject
2.50.03 Securities and financial markets, stock exchange, CIUTS, investments
2.50.04.02 Electronic money and payments, cross-border credit transfers
2.50.10 Financial supervision
Status
Preparatory phase in Parliament
Key players
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European Parliament
Committee responsible Rapporteur Appointed Pending final decision on the referral Committee for opinion Rapporteur for opinion Appointed Pending final decision on the referral Committee for budgetary assessment Rapporteur for budgetary assessment Appointed Pending final decision on the referral -
European Commission
Commission DG Commissioner Financial Stability, Financial Services and Capital Markets Union ALBUQUERQUE Maria Luís
Key events
| Date | Event | Reference | Summary |
|---|---|---|---|
| 04/12/2025 | Legislative proposal published | COM(2025)0941 |
Technical information
| Procedure reference | 2025/0381(COD) |
|---|---|
| Procedure type | COD - Ordinary legislative procedure (ex-codecision procedure) |
| Procedure subtype | Legislation |
| Legislative instrument | Regulation |
| Amendments and repeals |
Repealing Directive 98/26
1996/0126(COD)
Amending Directive 2002/47 2001/0086(COD) |
| Legal basis | Rules of Procedure EP 58 Treaty on the Functioning of the EU TFEU 114 |
| Mandatory consultation of other institutions | European Economic and Social Committee |
| Stage reached in procedure | Preparatory phase in Parliament |
Documentation gateway
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Document type Reference Date Summary Legislative proposal COM(2025)0941 04/12/2025