Parliament’s position on proposed laws. It usually needs to agree with the Council before a law is final., Economy & single market
Securities settlement in the EU and central securities depositories (CSDs): shorter settlement cycle in the Union
Passed by an overwhelming majority
Parliament adopted its position on the law.
- For
- 612
- Against
- 7
- Abstained
- 45
roll-call vote at 14:20 · 92% of votes cast in favour
Committee report by Johan Van Overtveldt · Parliament’s first vote on a proposed EU law. It sets Parliament’s position for negotiations with the Council. · Report A-10-2025-0095
AI:What this decision does
The proposal shortens the mandatory settlement cycle for most securities transactions in the EU from two business days after trading (T+2) to one business day (T+1).§1: source passage in the text Parliament adopted its position on the law, supporting the move to T+1 to reduce risks and align with global markets.§1: source passage in the text Certain securities financing transactions are exempt, and the Commission may adjust penalty rules if settlement fails increase.§1: source passage in the text The application date is deferred to allow preparation, and ESMA will monitor settlement efficiency and report on future T+0 feasibility.§1: source passage in the text
Written by AI from the text voted on · counts are the official record · Read the text · Report a problem
How the groups voted
For: Greens, S&D, Renew, EPP, ECR, Patriots, ESN; Abstained: The Left
- The Left Abstained 0 for, 1 against, 36 abstainedof 47
- Greens For 48 for, 0 against, 0 abstainedof 54
- S&D For 127 for, 1 against, 0 abstainedof 137
- Renew For 67 for, 0 against, 0 abstainedof 76
- EPP For 176 for, 1 against, 0 abstainedof 193
- ECR For 72 for, 0 against, 0 abstainedof 79
- Patriots For 79 for, 1 against, 0 abstainedof 89
- ESN For 25 for, 0 against, 0 abstainedof 27
- No group not a group 18 for, 3 against, 9 abstainedof 30
Groups from left to right · for–against–abstained, of the group’s MEPs
A group is shown as divided when no position has two thirds of its votes.
Did not vote with their group
4 MEPs voted differently from their group’s clear line (two thirds of its votes).
The Left abstained (36 of 37). Against: 1
Pernando Barrena Arza (Spain)
S&D voted for (127 of 128). Against: 1
Victor Negrescu (Romania)
EPP voted for (176 of 177). Against: 1
Karlo Ressler (Croatia)
Patriots voted for (79 of 80). Against: 1
Georg Mayer (Austria)
Groups as they are now; members who changed group are compared with their current one.
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