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EU Parl Watch

Where the law stands, Dossier 2025/2056(INI)

Impact of artificial intelligence on the financial sector

· 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 25 November 2025. This is its final position on the matter.

  1. Referred to committee(done) 13 March 2025
  2. Committee work(done) Report adopted 5 November 2025
  3. Tabled for plenary(done) 11 November 2025
  4. Plenary vote(done) Adopted 25 November 2025
  5. Parliament’s position(done) Final

Decided in plenary

25 November 2025 · decision 12

Economy & single market, Resolution

Impact of artificial intelligence on the financial sector

Adopted 426 for · 182 against · 39 abstained by a large majority

AI summary:The text notes that most AI use cases in finance aim to streamline operations and are low-risk, while stressing the need for human oversight of fully autonomous systems.

What changed

  • Latest Tabled for plenary → Adopted by Parliament

    AI summary:The versions differ only in formal points: footnote references are removed from three paragraphs.

    See the changes →

  • Committee draft → Tabled for plenary

    AI summary:The report expands on AI risks and benefits, adding detail on LLM-specific risks and the need for mitigation. It introduces new sections on supervisory challenges, third-party dependency, and DORA, urging authorities to adapt and monitor. It calls for clearer guidance, regulatory coordination, and support for innovation, including sandboxes and skills development. It adds investment figures and a request for an ambitious venture capital proposal to boost AI innovation. Other changes are formal: updated references and forwarding instructions.

    See the changes →

Who works on it

Lead committee
Economic and Monetary Affairs
Arba Kokalari (EPP)
Eero Heinäluoma (S&D), Auke Zijlstra (Patriots), Johan van Overtveldt (ECR), Billy Kelleher (Renew), Maria Ohisalo (Greens), Pasquale Tridico (The Left)

The text, version by version

Newest first.

  1. Adopted by Parliament· 25 Nov 2025

    Adopted text TA10-0286/2025

    AI summary:Parliament's resolution on the impact of artificial intelligence on the financial sector notes the broad adoption of AI and its benefits, while stressing risks and the need for human oversight.

    What changed since Report A10-0225/2025 →

  2. Tabled for plenary· 11 Nov 2025

    Report A10-0225/2025

    AI summary:Parliament's resolution on the impact of artificial intelligence on the financial sector notes the broad adoption of AI, highlights benefits and risks, and calls for clear guidance, regulatory consistency, and support for innovation while ensuring consumer protection and financial stability.

    What changed since Draft report (ECON) →

  3. Committee draft· 14 May 2025

    Draft report (ECON)

    AI summary:This draft report examines AI use in EU financial services and the regulatory landscape. It notes prudent adoption, mainly for back-office tasks, and calls for clarity and guidance on existing rules rather than new sectoral legislation.

Timeline

Newest first.

Plenary stage 2 steps
  1. 25 November 2025

    Plenary vote

    Sitting of 25 Nov 2025 Report A10-0225/2025Adopted text TA10-0286/2025

  2. 11 November 2025

    Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

    Report A10-0225/2025

Committee stage 4 steps
  1. 5 November 2025

    Committee vote: report adopted

    ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.

  2. 4 July 2025

    Amendments tabled in committee

    Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.

    Amendments in committee (ECON)

  3. 14 May 2025

    Draft report published

    The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.

    Draft report (ECON)

  4. 13 March 2025

    Referred to the ECON (Economic and Monetary Affairs) committee

    The lead committee prepares Parliament’s report.

Official record: Legislative Observatory, 2025/2056(INI)