Where the law stands, Dossier 2025/2051(INI)
Safeguarding and promoting financial stability amid economic uncertainties
Own-initiative report (INI): Parliament’s own position on a topic. It is not binding. · First reading
Parliament sets out its own position on a topic. The resolution is not binding but signals what Parliament wants.
Where it stands
Parliament’s position
Parliament adopted the text on 20 January 2026. This is its final position on the matter.
- Referred to committee(done) 13 March 2025
- Committee work(done) Report adopted 5 November 2025
- Tabled for plenary(done) 14 November 2025
- Plenary vote(done) Adopted 20 January 2026
- Parliament’s position(done) Final
Decided in plenary
20 January 2026 · decision 8
Economy & single market, Resolution
Safeguarding and promoting financial stability amid economic uncertainties
Adopted 491 for · 83 against · 84 abstained by a large majority
AI summary:The text calls for completing the Banking Union and advancing the Capital Markets Union to absorb shocks, while balancing integration with safeguards against contagion and systemic risks.
What changed
Latest Tabled for plenary → Adopted by Parliament
No change of substance: the two versions differ only in presentation — cover page, numbering or the parts a report carries that the adopted text does not.
Committee draft → Tabled for plenary
AI summary:The report expands on Banking Union and CMU, adding goals for capital mobilisation and recognising trade-offs in consolidation. It adds new sections on monetary dominance, ECB independence, fiscal rules, and sovereign debt risks. It strengthens calls for NBFI regulation, including money market funds, crypto-assets, and leverage. It adds provisions on commercial real estate, geopolitical risks, and climate-related risks. Other changes are formal or wording: headings, rephrasing, and references to reports.
Who works on it
- Lead committee
- Economic and Monetary Affairs
- The MEP who drafts the report and negotiates it on behalf of the committee.
- Johan van Overtveldt (ECR)
- An MEP who follows a report on behalf of their own group when another group holds the rapporteur.
- Angelika Winzig (EPP), Eero Heinäluoma (S&D), Pierre Pimpie (Patriots), Ľudovít Ódor (Renew), Virginijus Sinkevičius (Greens), Pasquale Tridico (The Left)
The text, version by version
Newest first.
Adopted by Parliament· 20 Jan 2026
AI summary:Parliament's resolution on safeguarding financial stability amid economic uncertainties calls for completing the Banking Union and capital markets union, enforcing fiscal rules, and monitoring risks from non-bank financial intermediaries, crypto-assets, and cyber threats.
Tabled for plenary· 14 Nov 2025
AI summary:This resolution addresses financial stability amid economic uncertainties, covering Banking Union, Capital Markets Union, macro-financial risks, NBFI oversight, liquidity, digital risks, and supervisory coherence.
Committee draft· 28 Apr 2025
AI summary:This draft report addresses financial stability amid economic uncertainties, covering capital markets union, macro-financial risks, banking sector stress, NBFI oversight, liquidity risks, and supervisory coordination.
Timeline
Newest first.
Plenary stage 3 steps
20 January 2026
Plenary vote
Sitting of 20 Jan 2026 Report A10-0232/2025Adopted text TA10-0004/2026
19 January 2026
Debated in plenary
MEPs debated the text in the chamber ahead of the vote.
14 November 2025
Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
Committee stage 4 steps
5 November 2025
Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
5 June 2025
Amendments tabled in committee
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
28 April 2025
Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
13 March 2025
Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.
Official record: Legislative Observatory, 2025/2051(INI)