14/01/2021 (Agence Europe) – Members of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) validated, on Thursday 14 January, the agreements reached in December with the Council of the EU on proposals for targeted amendments to the EU’s financial regulations intended to promote post-Covid-19 economic recovery (see EUROPE 12535/11). The agreement on the amendment to the ‘MIFID II’ directive was approved by 29 votes to 21, with 4 abstentions (see EUROPE 12619/9). The S&D, Greens/EFA and GUE/NGL groups opposed it. “Voting against the MiFID Quick Fix and thus against better access to finance for European companies ultimately means voting against the recovery”, criticised the European Parliament rapporteur Markus Ferber (EPP, Germany) in a statement. The agreement on the Prospectus Regulation received 44 votes in support of it (see EUROPE 12621/21) while the agreement on Securitisation and the CRR Regulation (see EUROPE 12620/9) both received 34 votes in support. (MF)