Where the law stands, Dossier 2023/0209(COD)
Payment services and electronic money services in the Internal Market amending Directive 98/26/EC and repealing Directives 2015/2366/EU and 2009/110/EC
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 5 May 2026; the plenary vote on it is still to come.
- Referred to committee(done) 11 September 2023
- Committee work(done) Report adopted 14 February 2024
- Tabled for plenary(done) 21 February 2024
- Plenary vote(done) Adopted 23 April 2024
- Negotiations with the Council Deal approved in committee 5 May 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.
- Mep #118949 (Renew), Morten Løkkegaard (Renew)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Lídia Pereira (EPP), René Repasi (S&D), Mep #197496 (S&D), Tomáš Kubín (Patriots), Marlena Maląg (ECR), Mep #204420 (Greens), Mep #197767 (ECR), Virginijus Sinkevičius (Greens), Mep #132191 (ID), Jussi Saramo (The Left), Mep #205452 (The Left)
- Committees giving an opinion
- Legal Affairs
The text, version by version
Newest first.
Adopted by Parliament· 23 Apr 2024
Tabled for plenary· 21 Feb 2024
Committee draft· 13 Nov 2023
Timeline
Newest first.
Negotiations with the Council 5 steps
5 May 2026
Committee approved the deal reached with the Council
The provisional agreement from the trilogues goes to the whole Parliament for a vote.
26 November 2025
Trilogue meeting
Negotiation between Parliament, Council and Commission on a common text.
23 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.
Plenary stage 2 steps
23 April 2024
Plenary vote
Sitting of 23 Apr 2024 Adopted text TA9-0297/2024Report A9-0046/2024
21 February 2024
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 4 steps
14 February 2024
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
4 December 2023
Amendments tabled in committee
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
13 November 2023
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
11 September 2023
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares the report; JURI (Legal Affairs) gives an opinion.
Official record: Legislative Observatory, 2023/0209(COD)