Where the law stands, Dossier 2023/0167(COD)
Amending Directives (EU) 2009/65/EC, 2009/138/EC, 2011/61/EU, 2014/65/EU and (EU) 2016/97 as regards the Union retail investor protection rules
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
Negotiations with the Council
Parliament’s committee approved the deal reached with the Council on 23 June 2026; the plenary vote on it is still to come.
- Referred to committee(done) 10 July 2023
- Committee work(done) Report adopted 20 March 2024
- Tabled for plenary(done) 2 April 2024
- Plenary vote(done) Adopted 23 April 2024
- Negotiations with the Council Deal approved in committee 23 June 2026
- Published as law(to come)
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.
- Stéphanie Yon-Courtin (Renew)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Ralf Seekatz (EPP), Eero Heinäluoma (S&D), Tomáš Kubín (Patriots), Denis Nesci (ECR), Vladimir Prebilič (Greens), Jussi Saramo (The Left)
The text, version by version
Newest first.
Tabled for plenary· 2 Apr 2024
Committee draft· 9 Oct 2023
Timeline
Newest first.
Negotiations with the Council 8 steps
23 June 2026
Committee approved the deal reached with the Council
The provisional agreement from the trilogues goes to the whole Parliament for a vote.
17 December 2025
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
25 November 2025
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
21 October 2025
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
23 September 2025
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
9 July 2025
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
18 March 2025
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
23 April 2024
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 2 steps
23 April 2024
Plenary vote
2 April 2024
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 3 steps
20 March 2024
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
9 October 2023
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
10 July 2023
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.
Official record: Legislative Observatory, 2023/0167(COD)