Where the law stands, Dossier 2022/0403(COD)
Amending Regulations (EU) No 648/2012, (EU) No 575/2013 and (EU) 2017/1131 as regards measures to mitigate excessive exposures to third-country central counterparties and improve the efficiency of Union clearing markets
Ordinary legislative procedure (COD): Parliament and the Council decide together as equals. · First reading
A proposed EU law. Parliament and the Council must agree on the same text: Parliament adopts its position, then negotiates with the Council.
Where it stands
Published as law
Completed: published in the Official Journal on 4 December 2024 and now EU law.
- Referred to committee(done) 1 February 2023
- Committee work(done) Report adopted 28 November 2023
- Tabled for plenary(done) 5 December 2023
- Negotiations with the Council(done) Deal approved in committee 4 March 2024
- Plenary vote(done) Adopted 24 April 2024
- Published as law(done) 4 December 2024
No plenary decision on this dossier is in our records yet.
Who works on it
- Lead committee
- Economic and Monetary Affairs
- The MEP who drafts the report and negotiates it on behalf of the committee.
- Mep #96779 (EPP)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Aurore Lalucq (S&D), Mep #204733 (ECR), Mep #239972 (Renew), Mep #204420 (Greens), Mep #88715 (The Left)
- Committees giving an opinion
- Industry, Research and Energy
- Legal Affairs
The text, version by version
Newest first.
Adopted by Parliament· 24 Apr 2024
AI summary:Parliament's position on a regulation amending Regulations (EU) No 648/2012, (EU) No 575/2013 and (EU) 2017/1131 to reduce excessive exposures to third-country central counterparties and make Union clearing markets more efficient.
Tabled for plenary· 5 Dec 2023
AI summary:Parliament's amended version of the Commission proposal to amend Regulations (EU) No 648/2012, (EU) No 575/2013 and (EU) 2017/1131 on clearing markets and exposures to third-country central counterparties (CCPs).
Committee draft· 13 Jun 2023
AI summary:This is the rapporteur's draft report on the Commission proposal to amend EMIR, the Capital Requirements Regulation and the Money Market Funds Regulation on third-country central counterparty (CCP) exposures and Union clearing efficiency.
Timeline
Newest first.
Outcome 2 steps
4 December 2024
Published in the Official Journal
The act is now EU law.
27 November 2024
Signed by the Presidents of Parliament and the Council
The last step before the act is published in the Official Journal.
Plenary stage 1 step
24 April 2024
Plenary vote
Sitting of 24 Apr 2024 Adopted text TA9-0348/2024Report A9-0398/2023
Negotiations with the Council 2 steps
4 March 2024
Committee approved the deal reached with the Council
The provisional agreement from the trilogues goes to the whole Parliament for a vote.
13 December 2023
Plenary endorsed the mandate to negotiate with the Council
Parliament’s negotiators can now seek a compromise text with the Council (in “trilogues”).
Plenary stage 1 step
5 December 2023
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 3 steps
28 November 2023
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
13 June 2023
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
1 February 2023
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares the report; ITRE (Industry, Research and Energy), JURI (Legal Affairs) give an opinion.
Official record: Legislative Observatory, 2022/0403(COD)