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2025/0826(COD)COM(2025)826ECON

Amending Regulation (EU) 2017/2402 on securitisation and a specific framework for simple, transparent and standardised securitisation

Amending Regulation (EU) 2017/2402 laying down a general framework for securitisation and creating a specific framework for simple, transparent and standardised securitisation

Stage
Trilogue, reached 19 Dec 2025
Procedure
Regulation · Ordinary legislative procedure
Rapporteur
Ralf Seekatz (EPP)
Lead DG
DG FISMA
Commissioner
Maria Luís Albuquerque
Council configuration
Economic and Financial Affairs Council
Last activity
7 Jul 2026
Legal basis
TFEU Art. 114; TFEU Art. 294
35 entries · record as of 14 Sept 2026

Where it stands

Latest: Interinstitutional negotiation to reach an agreement (trilogue), 7 Jul 2026.

Show the earlier record: 18 dates, 26 Mar 2025 to 15 Jan 2026
  1. 26 Mar 2025
    • Call for evidence closed: Review of the Securitisation Framework, 37 responses · Commission
  2. 18 Jun 2025
    • Adoption of legislative proposal by the Commission
  3. 24 Jun 2025
    • Decision on procedure
  4. 1 Jul 2025
    • Appointment of rapporteur
  5. 2 Jul 2025
    • Deliberations in Coreper
  6. 8 Jul 2025
    • Deliberations in Council
  7. 14 Jul 2025
    • Deliberations in Council working party
  8. 15 Jul 2025
    • Deliberations in Council working party
  9. 8 Sept 2025
    • Referred to committee
  10. 12 Sept 2025
    • Deliberations in Council working party
  11. 22 Sept 2025
    • Deliberations in Council working party
  12. 14 Oct 2025
    • Deliberations in Council working party
  13. 15 Oct 2025
    • Deliberations in Council working party
  14. 21 Oct 2025
    • Retained as a pending proposal in the Commission work programme · Commission
  15. 11 Dec 2025
    • Committee report tabled
    • EP committee draft report
  16. 19 Dec 2025
    • Adoption of negotiating mandate by Coreper
  17. 6 Jan 2026
    • Committee amendments tabled
    • Tabling of amendments in the EP committee responsible
  18. 15 Jan 2026
    • Consideration / exchange of views
  1. 27 Jan 2026
    • Deadline for tabling amendments
  2. 9 Feb 2026
    • Feedback on adopted proposal closed: Review of the Securitisation Framework, 25 responses · Commission
  3. 25 Feb 2026
    • Consideration / exchange of views
  4. 5 May 2026
    • Adoption of a report by the EP committee responsible · Parliament committee
    • Adoption of draft report · provisional
    • Committee report adopted
    • Vote to enter trilogue · provisional
  5. 8 May 2026
    • Tabling of a document for EP plenary
    • Tabled for plenary
  6. 21 May 2026
    • Plenary endorsed the trilogue mandate
    • Plenary vote
  7. 17 Jun 2026
    • Interinstitutional negotiation to reach an agreement (trilogue) · Parliament, Council and Commission
    • Interinstitutional negotiations
  8. 7 Jul 2026
    • Interinstitutional negotiation to reach an agreement (trilogue) · Parliament, Council and Commission
    • Interinstitutional negotiations
7 people

Who is on it

The Parliament's rapporteurs, shadow rapporteurs and opinion rapporteurs currently on this file.

RoleNameGroupCountryCommittee
RapporteurRalf SeekatzEPPDEECON
Shadow rapporteurAuke ZijlstraPfENLECON
Shadow rapporteurEero HeinäluomaS&DFIECON
Shadow rapporteurGilles BoyerRenewFRECON
Shadow rapporteurGiovanni CrosettoECRITECON
Shadow rapporteurMarie ToussaintGreens/EFAFRECON
Shadow rapporteurMartin SchirdewanThe LeftDEECON
252 amendments

Amendments

Tabled on 6 Jan 2026. The texts are in the amendment documents below.

By committee

  • ECON252

By author

  • Gilles Boyer38
  • Stéphanie YON-COURTIN38
  • Eero Heinäluoma37
  • Jonás Fernández37
  • Nikos Papandreou37
  • René Repasi37
  • Auke Zijlstra31
  • Marie Toussaint · Verts/ALE30
  • Regina Doherty28
  • Denis Nesci25
Show 20 more authors
  • Fernando Navarrete Rojas25
  • Francesco Ventola25
  • Giovanni Crosetto25
  • Isabel Benjumea Benjumea25
  • Marco Squarta25
  • Mariateresa Vivaldini25
  • Pierre Pimpie23
  • Billy Kelleher20
  • Tomáš Kubín9
  • Fulvio Martusciello7
  • Marco Falcone7
  • Markus Ferber7
  • Angelika Winzig4
  • Christophe Gomart4
  • Lídia Pereira4
  • Anouk van Brug2
  • Aurore Lalucq2
  • Jussi Saramo2
  • Manon Aubry2
  • Martin Schirdewan2

Amendments each member tabled or co-signed.

By article

  • Article 1 – paragraph 1 – point 2014
  • Article 1 – paragraph 1 – point 13 – point c – point i13
  • Article 1 – paragraph 1 – point 1711
  • Article 1 – paragraph 1 – point 3 – point a – point ii8
  • Article 1 – paragraph 1 – point 5 – point c8
  • Article 1 – paragraph 1 – point 27
  • Article 1 – paragraph 1 – point 4 – point b6
  • Article 1 – paragraph 1 – point 5 – point d6
  • Recital 256
  • Article 1 – paragraph 1 – point 3 – point e5
Show 20 more provisions
  • Article 1 – paragraph 1 – point 8 – point a5
  • Article 1 – paragraph 1 – point 1 a (new)4
  • Article 1 – paragraph 1 – point 10 – point b4
  • Article 1 – paragraph 1 – point 15 – point a4
  • Article 1 – paragraph 1 – point 3 – point d4
  • Article 1 – paragraph 1 – point 5 – point a4
  • Article 1 – paragraph 1 – point 5 – point b4
  • Recital 134
  • Article 1 – paragraph 1 – point 10 – point a a (new)3
  • Article 1 – paragraph 1 – point 11 – point b3
  • Article 1 – paragraph 1 – point 15 – point b3
  • Article 1 – paragraph 1 – point 4 – point b a (new)3
  • Article 1 – paragraph 1 – point 9 – point - a (new)3
  • Recital 103
  • Recital 4 a (new)3
  • Article 1 – paragraph 1 – point 10 a (new)2
  • Article 1 – paragraph 1 – point 12 a (new)2
  • Article 1 – paragraph 1 – point 16 a (new)2
  • Article 1 – paragraph 1 – point 16 – point a a (new)2
  • Article 1 – paragraph 1 – point 18 – point b2

Covers 148 of the 252 amendments.

4 documents

Documents

Newest first. Each opens at its source.

1 consultation

Consultations on it

The Commission's Have Your Say consultations linked to this file. Each title opens on the Commission's portal.

ConsultationFeedback received
62

Summary

Generated

This amending regulation updates the EU securitisation framework (Regulation (EU) 2017/2402) to establish clear rules for simple, transparent, and standardised financial products. It refines requirements for banks, credit institutions, and insurers to strengthen financial stability and ensure consistent application across member states.

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