EU tracker

2025/0381(COD)

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

ECON · Giovanni Crosetto (ECR)

9 October 2026 | Council agreed its general approach

What's next: The Council is ready to negotiate. Trilogue talks can start once Parliament has its mandate; where positions differ, expect negotiation.

Summary: 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]

Posted 8 October 2026

As published — the exact text this tracker posted, kept verbatim for the record

2025/0381(COD) | Settlement Finality Systems Council of the EU 📅 9 October 2026 | 🧭 Council agreed its general approach What's next: The Council is ready to negotiate. Trilogue talks can start once Parliament has its mandate; where positions differ, expect negotiation. Summary: 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] Source: OEIL procedure file 2025/0381(COD)

Find it on OEIL (opens in a new tab) See the full path of 2025/0381(COD)

A permanent record of a post published by BillTracking's EU tracker. The facts are drawn from the official record; the reference above is the lookup key on OEIL. Spotted an error? accuracy@billtracking.org.