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European Union

2025/0381(COD)

Banks and financial markets: settlement finality in payment and securities settlement systems

ECON · Giovanni Crosetto (ECR)

This proposal aims to clarify the legal rules for when payments and securities trades are considered finally settled between banks and financial institutions. It seeks to protect these settlement systems from disruption and ensure that once a transaction is confirmed, it cannot be reversed or challenged.[AI-Generated]

New legislative proposal 4 December 2025

Record as of 8 July 2026 — the most recent action in the official record. Status can lag; each step below carries its own date.

  1. 8 July 2026 Deliberations in Coreper
    11 more actions
    1. 1 July 2026 Deliberations in Coreper
    2. 26 June 2026 Deliberations in Coreper
    3. 16 June 2026 Deliberations in Council working party
    4. 15 June 2026 Deliberations in Council working party
    5. 10 June 2026 Deliberations in Coreper
    6. 8 June 2026 Deliberations in Coreper
    7. 8 May 2026 Deliberations in Council working party
    8. 15 April 2026 Deliberations in Council working party
    9. 18 March 2026 European Economic and Social Committee opinion
    10. 12 February 2026 Committee referral announced in Parliament, 1st reading
    11. 10 December 2025 Deliberations in Coreper
  2. 4 December 2025 New legislative proposal
This path starts where the file does — the legislative proposal in the official record. Routine procedural steps sit in the “more actions” rows above rather than on the main line.