With 56 votes in favour and 3 against, MEPs on the European Parliament’s Committee on Economic and Monetary Affairs (ECON) adopted, on Wednesday 1 March, their negotiating position on the proposal for a report on the revision of the Regulation governing central securities depositories (CSDs).
“CSDs are financial institutions of systemic importance, so it is essential to subject them to a safe and efficient regulatory framework”, said rapporteur Johan van Overtveldt (ECR, Belgian) in a...