20/05/25 (Agence Europe) – On Tuesday 20 May, the members of the European Parliament’s Committee on Economic and Monetary Affairs (ECON) approved by 48 votes in favour and 3 abstentions the draft report by Johan Van Overtveldt (ECR, Belgian) on the shortening of the settlement cycle for securities in the EU (‘T+1’), proposed by the European Commission for October 2027 (see EUROPE 13639/39). Approval by the European Parliament in plenary session will enable interinstitutional negotiations (trilogue) to be launched on this legislative proposal, which was launched last February. For its part, the EU Council is already ready for negotiations (see EUROPE 13635/38). See the draft report: https://aeur.eu/f/gx1 (BD)