Procedure 2025/0022/COD COM (2025) 38:
Proposal for a REGULATION OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL amending Regulation (EU) No 909/2014 as regards
a shorter settlement cycle in the Union
Ongoing
Type: Ordinary legislative procedure (COD)
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European Parliament
European Parliament
Council of the European Union
Council of the European Union
Economic and Social Committee
Economic and Social Committee
European Central Bank
European Central Bank
European Commission
European Commission
Follow the steps of procedure 2025/0022/COD
Signature
European Parliament & Council of the European Union
European Parliament & Council of the European Union
Signature by the President of the EP and by the President of the Council
08/10/2025
First reading
European Parliament
European Parliament
EP position at first reading
10/09/2025
Council of the European Union
Council of the European Union
Approval of the EP's first reading position by the Council (adoption of the legislative act)
Approval of the EP's first reading position by the Council (adoption of the legislative act)
29/09/2025
Discussions within the Council or its preparatory bodies
Discussions within the Council or its preparatory bodies
23/06/2025
Discussions within the Council or its preparatory bodies
Discussions within the Council or its preparatory bodies
02/05/2025
Discussions within the Council or its preparatory bodies
Discussions within the Council or its preparatory bodies
01/04/2025
Discussions within the Council or its preparatory bodies
Discussions within the Council or its preparatory bodies
14/02/2025
Opinions
European Central Bank
European Central Bank
European Central Bank opinion
European Central Bank opinion
31/03/2025
Economic and Social Committee
Economic and Social Committee
European Economic and Social Committee opinion
European Economic and Social Committee opinion
30/04/2025
Responsible body:
Section for Economic and Monetary Union and Economic and Social Cohesion
Rapporteur:
Philip VON BROCKDORFF
Procedure:
Ordinary legislative procedure (COD)
Plenary session:
596
Plenary date:
29/04/2025 -
30/04/2025
Documents:
EESC 2025-00853
CELEX number of the main document:
52025AE0853
Proposal
European Commission
European Commission
Adoption of legislative proposal by the Commission
Adoption of legislative proposal by the Commission
12/02/2025
Leading person:
Maria Luís ALBUQUERQUE
Leading service:
Directorate-General for Financial Stability, Financial Services and Capital Markets Union
Decision mode:
Written procedure
Addressee for formal act:
European Parliament ; Council of the European Union ; National parliaments
Addressee for mandatory consultation:
European Central Bank ; European Economic and Social Committee
Legal basis:
12010E294 -A294 ; 12010E114 -A114
Procedure:
Ordinary legislative procedure (COD)
Documents:
COM/2025/38/FINAL SWD/2025/37/FINAL
CELEX number of the main document:
52025SC0037 ; 52025PC0038