Retail investor protection rules
Amending Directives (EU) 2009/65/EC, 2009/138/EC, 2011/61/EU, 2014/65/EU and (EU) 2016/97 as regards the Union retail investor protection rules
- Stage
- Council adoption, reached 15 Apr 2026
- Procedure
- Ordinary legislative procedure
- Rapporteur
- Stéphanie Yon-courtin (Renew)
- Lead DG
- DG FISMA
- Commissioner
- Mairead McGuinness
- Last activity
- 23 Jun 2026
Where it stands
Latest: Approval of the provisional agreement with the Council by the EP committee responsible, 23 Jun 2026.
ShowHide the earlier record: 19 dates, 31 May 2022 to 9 Jul 2025
- 31 May 2022
- Call for evidence closed: Retail Investment Package, 43 responses · Commission
- 25 May 2023
- Adoption of legislative proposal by the Commission
- Discussions within the Council or its preparatory bodies
- 7 Jul 2023
- Discussions within the Council or its preparatory bodies
- 10 Jul 2023
- Referred to committee
- 17 Jul 2023
- Discussions within the Council or its preparatory bodies
- 28 Aug 2023
- Feedback on adopted proposal closed: Retail Investment Package, 115 responses · Commission
- 3 Oct 2023
- Discussions within the Council or its preparatory bodies
- 9 Oct 2023
- Committee report tabled
- EP committee draft report
- 20 Mar 2024
- Adoption of draft report
- Committee report adopted
- Tabling report by committee
- 2 Apr 2024
- Tabled for plenary
- 4 Apr 2024
- Discussions within the Council or its preparatory bodies
- 23 Apr 2024
- Plenary endorsed the trilogue mandate
- Plenary vote
- 12 Jun 2024
- Adoption of negotiating mandate by Coreper
- 12 Sept 2024
- Appointment of rapporteur
- Decision on procedure
- 13 Nov 2024
- Referred to committee
- 12 Mar 2025
- Deliberations in Coreper
- 18 Mar 2025
- Interinstitutional negotiations
- Meeting — Trilogue (1st reading)
- 26 Mar 2025
- Deliberations in Coreper
- 9 Jul 2025
- Interinstitutional negotiations
- Meeting — Trilogue (1st reading)
- 23 Sept 2025
- Interinstitutional negotiations
- Meeting — Trilogue (1st reading)
- 21 Oct 2025
- Interinstitutional negotiations
- Meeting — Trilogue (1st reading)
- Retained as a pending proposal in the Commission work programme · Commission
- 25 Nov 2025
- Interinstitutional negotiations
- Meeting — Trilogue (1st reading)
- 17 Dec 2025
- Interinstitutional negotiations
- Meeting — Trilogue (1st reading)
- 15 Apr 2026
- Endorsement of the provisional agreement by Coreper · Council
- 3 Jun 2026
- Endorsement of the provisional agreement by Coreper · Council
- 5 Jun 2026
- Endorsement of the provisional agreement by Coreper · Council
- 23 Jun 2026
- Approval of the provisional agreement with the Council by the EP committee responsible · Parliament committee
- Committee approved the provisional agreement
Who is on it
The Parliament's rapporteurs, shadow rapporteurs and opinion rapporteurs currently on this file.
| Role | Name | Group | Country | Committee |
|---|---|---|---|---|
| Rapporteur | Stéphanie Yon-courtin | Renew | FR | ECON |
| Shadow rapporteur | Denis Nesci | ECR | IT | ECON |
| Shadow rapporteur | Eero Heinäluoma | S&D | FI | ECON |
| Shadow rapporteur | Jussi Saramo | The Left | FI | ECON |
| Shadow rapporteur | Ralf Seekatz | EPP | DE | ECON |
| Shadow rapporteur | Tomáš Kubín | PfE | CZ | ECON |
| Shadow rapporteur | Vladimir Prebilič | Greens/EFA | SI | ECON |
Amendments
Tabled on 9 Nov 2023. The texts are in the amendment documents below.
By committee
- ECON1,074
By author
- Isabel Benjumea Benjumea198
- Markus Ferber123
- Ralf Seekatz123
- Aurore Lalucq121
- Eero Heinäluoma93
- René Repasi93
- Stéphanie YON-COURTIN61
- Denis Nesci56
- Othmar Karas44
- Sirpa Pietikäinen36
ShowHide 10 more authors
- Lídia Pereira23
- Ondřej Kovařík20
- Fulvio Martusciello14
- Jessica Polfjärd11
- Enikő Győri8
- Olivier Chastel7
- Pascal Canfin5
- Esther de Lange3
- Christophe Hansen2
- Elisabetta Gualmini2
Amendments each member tabled or co-signed. The record names an author on 734 of the 1,074 amendments.
By article
- Article 1 – paragraph 1 – point 9180
- Article 1 – paragraph 1 – point 13166
- Article 2 – paragraph 1 – point 16116
- Article 2 – paragraph 1 – point 2181
- Article 2 – paragraph 1 – point 2065
- Article 1 – paragraph 1 – point 12 – point b29
- Article 4 – paragraph 1 – point 1 – point a29
- Article 2 – paragraph 1 – point 22 – point b28
- Article 5 – paragraph 1 – point 1 – point a27
- Article 1 – paragraph 1 – point 14 – point a25
ShowHide 20 more provisions
- Article 1 – paragraph 1 – point 12 – point g18
- Article 1 – paragraph 1 – point 318
- Article 2 – paragraph 1 – point 1818
- Article 2 – paragraph 1 – point 22 – point d13
- Article 1 – paragraph 1 – point 227
- Article 2 – paragraph 1 – point 22 – point e7
- Article 4 – paragraph 1 – point 1 – point b – point iii7
- Article 1 – paragraph 1 – point 166
- Article 2 – paragraph 1 – point 13 – point d6
- Article 2 – paragraph 1 – point 96
- Article 5 – paragraph 1 – point 1 – point b6
- Recital 346
- Annex I – paragraph 1 – point 2 – subpoint 15
- Annex I – point 2 – subpoint 15
- Article 2 – paragraph 1 – point 5 – point b – point i5
- Article 6 – paragraph 25
- Recital 135
- Recital 205
- Article 1 – paragraph 1 – point 12 – point c4
- Article 1 – paragraph 1 – point 14 – point d4
Covers 902 of the 1,074 amendments.
Documents
Newest first. Each opens at its source.
- Report · A9-0162/2024Parliament
- Proposal · COM(2023)0279Parliament
- Report · PE753.711Parliament
- Amendments · PE754.651Parliament
- Amendments · PE755.007Parliament
- Amendments · PE755.009Parliament
Consultations on it
The Commission's Have Your Say consultations linked to this file. Where we publish the positions filed, the title opens them here.
| Consultation | Feedback deadline | Feedback received |
|---|---|---|
| 28 Aug 2023 | 159 |
Summary
GeneratedThis package amends five financial directives (UCITS, Solvency II, AIFMD, MiFID II, IDD) to strengthen consumer safeguards for retail investors. It imposes stricter transparency, product oversight, and advice rules on financial service providers, asset managers, and insurance distributors. The file has reached Council Adoption stage.
What the workspace adds on this file
Everything above is the public record. Subscribers see this page with their own layer on top.
Why it matters to you
What moved
Your contacts on it
A first draft
Sources: EP Legislative Observatory. Record as of 14 Sept 2026. Something wrong on this page? Report an error.
Request access
See this file with your own layer on top: why it matters to you, your contacts on it and a first draft. We’ll schedule a 20-minute walkthrough.
EU-hosted · GDPR-compliant · Trust Center →
By submitting, you agree to our privacy policy.