Where the law stands, Dossier 2023/0113(COD)
Amending Directive 2014/59/EU and Regulation (EU) No 806/2014 as regards certain aspects of the minimum requirement for own funds and eligible liabilities
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 22 April 2024 and now EU law.
- Referred to committee(done) 12 June 2023
- Committee work(done) Report adopted 7 November 2023
- Tabled for plenary(done) 8 November 2023
- Negotiations with the Council(done) Deal approved in committee 11 January 2024
- Plenary vote(done) Adopted 27 February 2024
- Published as law(done) 22 April 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.
- Jonás Fernández (S&D)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Mep #124780 (ID), Mep #4246 (EPP), Johan van Overtveldt (ECR), Mep #239972 (Renew), Kira Marie Peter-Hansen (Greens), Martin Schirdewan (The Left)
- Committees giving an opinion
- Budgets
- Legal Affairs
The text, version by version
Newest first.
Adopted by Parliament· 27 Feb 2024
AI summary:Parliament adopted its first-reading position on a directive amending Directive 2014/59/EU and Regulation (EU) No 806/2014 on the minimum requirement for own funds and eligible liabilities (MREL). The position reflects an agreement with the Council and corresponds to the final act, Directive (EU) 2024/1174.
Tabled for plenary· 8 Nov 2023
Committee draft· 11 Sept 2023
Timeline
Newest first.
Outcome 2 steps
22 April 2024
Published in the Official Journal
The act is now EU law.
11 April 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
27 February 2024
Plenary vote
Sitting of 27 Feb 2024 Adopted text TA9-0088/2024Report A9-0344/2023
Negotiations with the Council 2 steps
11 January 2024
Committee approved the deal reached with the Council
The provisional agreement from the trilogues goes to the whole Parliament for a vote.
22 November 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
8 November 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
7 November 2023
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
11 September 2023
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
12 June 2023
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares the report; BUDG (Budgets), JURI (Legal Affairs) give an opinion.
Official record: Legislative Observatory, 2023/0113(COD)