Where the law stands, Dossier 2025/0383(COD)
Amending Regulations (EU) No 1095/2010, No 648/2012, No 600/2014, No 909/2014, 2015/2365, 2019/1156, 2021/23, 2022/858, 2023/1114, No 1060/2009, 2016/1011, 2017/2402, 2023/2631 and 2024/3005 as regards the further development of capital market integration and supervision within the Union
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
Committee work
In committee: ECON (Economic and Monetary Affairs) is preparing the report (draft published 11 June 2026).
- Referred to committee(done) 27 January 2026
- Committee work ECON (Economic and Monetary Affairs) preparing the report
- Tabled for plenary(to come)
- Plenary vote(to come)
- Negotiations with the Council(to come)
- 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.
- Markus Ferber (EPP)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Eero Heinäluoma (S&D), Jaroslav Knot (Patriots), Johan van Overtveldt (ECR), Billy Kelleher (Renew), Damian Boeselager (Greens), Gaetano Pedulla' (The Left)
The text, version by version
Newest first.
Committee draft· 11 Jun 2026
AI summary:This is the rapporteur's draft report on the Commission proposal to amend many EU financial services regulations to further integrate and centralise capital market supervision. It proposes giving ESMA a competitiveness mandate, direct supervision of all EU CCPs and CSDs, and a data platform.
Committee opinions: Draft opinion (BUDG)
Timeline
Newest first.
Committee stage 3 steps
31 July 2026
Amendments tabled in committee (5 batches)
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
Amendments in committee (ECON)Amendments in committee (ECON)Amendments in committee (ECON)Amendments in committee (ECON)Amendments in committee (ECON)
11 June 2026
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
27 January 2026
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.
Official record: Legislative Observatory, 2025/0383(COD)