# Securities settlement in the EU and central securities depositories (CSDs): shorter settlement cycle in the Union

European Parliament procedure 2025/0022(COD) (COD - Ordinary legislative procedure (ex-codecision procedure), 10th term, committee ECON). Stage: Procedure completed. 10 committee amendments tabled by 3 Members between 2025-05-02 and 2025-05-02.

## What the amendments focus on

Legislative dossier on securities settlement in the EU and central securities depositories, introducing a shorter settlement cycle in the Union. Amendments debate shortening the mandatory settlement cycle to one day after trading, exclusions for securities financing transactions, risks of delayed and failed trades, liquidity and cash penalties, cash-management complications for foreign exchange components, and a future review exploring the feasibility of a T+0 cycle.

## Most active Members on this file

| Member | Country | Group | Amendments | Markdown |
|---|---|---|---|---|
| Auke ZIJLSTRA | Netherlands | PfE | 5 | https://amendeu.com/md/meps/103246.md |
| Markus FERBER | Germany | PPE | 3 | https://amendeu.com/md/meps/1917.md |
| Fabio DE MASI | Germany | NI | 2 | https://amendeu.com/md/meps/124858.md |

## Official source documents

- PE773.076: https://www.europarl.europa.eu/doceo/document/ECON-AM-773076_EN.pdf

Full amendment texts, votes and exports: https://amendeu.com/dossiers/2025-0022-COD · machine-readable: https://amendeu.com/data/dossiers/2025-0022-COD.json

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Source: AmendEU (amendeu.com), built from Parltrack (ODbL), European Parliament Open Data ((c) European Union) and official Parliament documents. Aggregates CC BY 4.0.
Data refreshed: 2026-07-27. Human-readable version: https://amendeu.com/dossiers/2025-0022-COD
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