Procedure

Treatment of concentration risk towards central counterparties and the counterparty risk on centrally cleared derivative transactions

2022/0404(COD)·9th term·ECON·COD - Ordinary legislative procedure (ex-codecision procedure)·CompletedProcedure completed

Subjects: Securities and financial markets, stock exchange, CIUTS, investments · Banks and credit 2.50.08 Financial services, financial reporting and auditing 2.50.10 Financial supervision

Rapporteur (the Member appointed to lead Parliament's work on this text): HÜBNER Danuta Maria (EPP)

Summary

This dossier concerns the treatment of concentration risk towards central counterparties and counterparty risk on centrally cleared derivative transactions. The amendments address counterparty risk exposure of UCITS in derivative, repurchase and reverse repurchase transactions that are not centrally cleared through an authorised or recognised CCP, and add provisions amending Directive 2009/138/EC requiring supervisory authorities to assess and monitor undertakings' related practices.

Procedure timeline

Committee amendments tabled
5 Jul 2023
Plenary vote — Adopted
24 Apr 2024 · On the provisional agreement negotiated with the Council (the trilogue deal) — amendment 2
Procedure completed

Amendments

distinct, in window

Members

tabled at least one

Committee(s)

5 Jul 2023

Dates

Plenary votes

1 roll-call votes

In plenary, Parliament usually votes in steps: first on amendments to the text (sometimes split into parts, so Members can accept one half of a sentence and reject the other), then on the text as a whole. The “main vote” is the one that adopts or rejects the text itself. Each vote below shows exactly which step it was. How voting works →

24 Apr 2024Main voteAdopted
On the provisional agreement negotiated with the Council (the trilogue deal) — amendment 2
Official label: Accord provisoire - Am 2 · what was voted ↗
448 for120 against21 abstentions116 did not vote
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