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1996/0126(COD) Banks: settlement finality in payment and securities settlement systems

Progress: Procedure completed

RoleCommitteeRapporteurShadows
Lead JURI LEHNE Klaus-Heiner (icon: PPE PPE)
Former Responsible Committee JURI LEHNE Klaus-Heiner (icon: PPE PPE)
Former Committee Opinion ECON KATIFORIS Giorgos (icon: PES PES)
Lead committee dossier:
Legal Basis:
EC before Amsterdam E 100A

Events

2005/12/15
   EC - Follow-up document
Details

This is an evaluation report on the Settlement Finality Directive 1998/26/EC (SFD) which entered into force in 1999. At the time of its adoption the SFD applied to the fifteen EU Member States. Later, it was extended to the ten new Member States. It also applies to the EEA States, Norway, Iceland and Liechtenstein. The main objectives of the evaluation report are firstly, to analyse the process by which the SFD has been implemented and secondly, to identify a list of potentially problematic issues that could become the subject of future revision. It is not the purposes of this report to present any amendments to the existing Directive. This may follow at a later date, in which case any amendments may be based on this report’s conclusions. In addition any proposed amendments would be subject to an impact assessment report. The report’s findings are based on information provided to the Commission by the Member States and the European Central Bank. Having analysed and assessed the information received the Commission draws three conclusions.

Firstly, the SFD is functioning well and the Member States show a high level of satisfaction vis-à-vis its application.

Secondly, there is some need for clarifications, improvements, better definitions and, in certain cases, simplification.

Thirdly, the Commission will begin a dialogue with both the Member States and the ECB in the course of 2006 and within the framework of the “European Securities Committee” the purpose of which will be to identify which issues should become the subject of future amendments to the Directive. The dialogue will take account of payment and securities settlements systems. The Commission suggests that it may propose legal instruments to increase the efficiency and safety of clearing and settlement services during 2006. Lastly, the Commission notes that the proposal for the Community’s signature to the Hague Securities Convention may need to be taken into account.

Documents
COM(2005)0657
EUR-Lex
1998/06/11
   Final act published in Official Journal
Documents
Directive 1998/26
OJ L 166 11.06.1998, p. 0045
1998/05/19
   CSL - Final act signed
1998/05/19
   EP - End of procedure in Parliament
1998/04/27
   CSL - Act approved by Council, 2nd reading
1998/04/27
   CSL - Council Meeting
1998/03/13
   EC - Commission opinion on Parliament's position at 2nd reading
Documents
EUR-Lex
COM(1998)0151
1998/01/29
   EP - Text adopted by Parliament, 2nd reading
Documents
OJ C 056 23.02.1998, p. 0012-0027
T4-0052/1998
1998/01/29
   EP - Decision by Parliament, 2nd reading
Documents
T4-0052/1998
1998/01/28
   EP - Debate in Parliament
Details

Welcoming the fact that the Council’s common position represented an improvement on the initial proposal, the rapporteur highlighted the problems still to be resolved: identification of the point in time when transfer orders and settlements would cease to apply and become void, and removal of the option for countries to protect their national systems by adopting stricter rules. Commissioner Monti expressed his approval of the solutions envisaged by Parliament’s new amendments on the two points in question. He was also in favour of establishing a higher level of transparency in favour of the sender of a payment or transaction concerning securities (Amendment No 2, third paragraph).

Documents
Debate in Parliament
1998/01/05
   EP - Committee recommendation tabled for plenary, 2nd reading
Documents
A4-0005/1998
OJ C 034 02.02.1998, p. 0004
1998/01/05
   EP - Vote in committee, 2nd reading
1998/01/04
   EP - Committee recommendation tabled for plenary, 2nd reading
Documents
A4-0005/1998
1997/10/23
   EP - Committee referral announced in Parliament, 2nd reading
1997/10/16
   EC - Commission communication on Council's position
Documents
EUR-Lex
SEC(1997)1844
1997/10/13
   CSL - Council position
Documents
09962/1/1997
OJ C 375 10.12.1997, p. 0034
1997/10/13
   CSL - Council Meeting
1997/10/12
   CSL - Council position published
Documents
09962/1/1997
1997/07/04
   EC - Modified legislative proposal
Documents
EUR-Lex
OJ C 259 26.08.1997, p. 0006
COM(1997)0345
1997/07/03
   EC - Modified legislative proposal published
Documents
EUR-Lex
COM(1997)0345
1997/06/09
   CSL - Council Meeting
1997/04/09
   EP - Text adopted by Parliament, 1st reading/single reading
Documents
OJ C 132 28.04.1997, p. 0067-0074
T4-0142/1997
1997/04/09
   EP - Decision by Parliament, 1st reading
Documents
T4-0142/1997
1997/04/08
   EP - Debate in Parliament
Documents
Debate in Parliament
1997/03/19
   EP - Committee report tabled for plenary, 1st reading/single reading
Documents
A4-0097/1997
OJ C 132 28.04.1997, p. 0005
1997/03/19
   EP - Vote in committee, 1st reading
1997/03/18
   EP - Committee report tabled for plenary, 1st reading
Documents
A4-0097/1997
1996/11/28
   EP - KATIFORIS Giorgos (PES) appointed as rapporteur in ECON
1996/10/31
   ESC - Economic and Social Committee: opinion, report
Documents
CES1254/1996
OJ C 056 24.02.1997, p. 0001
1996/09/25
   EP - LEHNE Klaus-Heiner (PPE) appointed as rapporteur in JURI
1996/09/25
   EP - LEHNE Klaus-Heiner (PPE) appointed as rapporteur in JURI
1996/06/17
   EP - Committee referral announced in Parliament, 1st reading
1996/05/30
   EC - Legislative proposal
Documents
EUR-Lex
OJ C 207 18.07.1996, p. 0013
COM(1996)0193
1996/05/29
   EC - Legislative proposal published
Documents
EUR-Lex
COM(1996)0193

Documents

History

(these mark the time of scraping, not the official date of the change)

2023-08-03Show (16) Changes | Timetravel
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2021-12-18Show (24) Changes | Timetravel
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summary
Welcoming the fact that the Council’s common position represented an improvement on the initial proposal, the rapporteur highlighted the problems still to be resolved: identification of the point in time when transfer orders and settlements would cease to apply and become void, and removal of the option for countries to protect their national systems by adopting stricter rules. Commissioner Monti expressed his approval of the solutions envisaged by Parliament’s new amendments on the two points in question. He was also in favour of establishing a higher level of transparency in favour of the sender of a payment or transaction concerning securities (Amendment No 2, third paragraph).
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Welcoming the fact that the Council’s common position represented an improvement on the initial proposal, the rapporteur highlighted the problems still to be resolved: identification of the point in time when transfer orders and settlements would cease to apply and become void, and removal of the option for countries to protect their national systems by adopting stricter rules. Commissioner Monti expressed his approval of the solutions envisaged by Parliament’s new amendments on the two points in question. He was also in favour of establishing a higher level of transparency in favour of the sender of a payment or transaction concerning securities (Amendment No 2, third paragraph).
2020-01-19Show (14) Changes | Timetravel
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2019-07-12Show (2) Changes | Timetravel
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2019-07-06Show (17) Changes | Timetravel
activities
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date
1996-11-28T00:00:00
rapporteur
name: KATIFORIS Giorgos group: Party of European Socialists abbr: PES
council
  • body: CSL type: Council Meeting council: General Affairs meeting_id: 2085 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2085*&MEET_DATE=27/04/1998 date: 1998-04-27T00:00:00
  • body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2032 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2032*&MEET_DATE=13/10/1997 date: 1997-10-13T00:00:00
  • body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2014 url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=SMPL&ROWSPP=25&RESULTSET=1&NRROWS=500&DOC_LANCD=EN&ORDERBY=DOC_DATE+DESC&CONTENTS=2014*&MEET_DATE=09/06/1997 date: 1997-06-09T00:00:00
docs
  • date: 1996-05-30T00:00:00 docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1996&nu_doc=193 title: EUR-Lex url: https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:1996:207:SOM:EN:HTML title: OJ C 207 18.07.1996, p. 0013 title: COM(1996)0193 summary: type: Legislative proposal body: EC
  • date: 1996-10-31T00:00:00 docs: url: https://dm.eesc.europa.eu/EESCDocumentSearch/Pages/redresults.aspx?k=(documenttype:AC)(documentnumber:1254)(documentyear:1996)(documentlanguage:EN) title: CES1254/1996 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:1997:056:TOC title: OJ C 056 24.02.1997, p. 0001 summary: type: Economic and Social Committee: opinion, report body: ESC
  • date: 1997-01-30T00:00:00 docs: title: PE219.603 type: Committee draft report body: EP
  • date: 1997-02-21T00:00:00 docs: title: PE219.603/AM1 type: Amendments tabled in committee body: EP
  • date: 1997-02-21T00:00:00 docs: title: PE219.603/AM2 type: Amendments tabled in committee body: EP
  • date: 1997-02-26T00:00:00 docs: title: PE220.809/DEF committee: ECON type: Committee opinion body: EP
  • date: 1997-03-19T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1997-97&language=EN title: A4-0097/1997 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:1997:132:TOC title: OJ C 132 28.04.1997, p. 0005 type: Committee report tabled for plenary, 1st reading/single reading body: EP
  • date: 1997-04-09T00:00:00 docs: url: https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:1997:132:SOM:EN:HTML title: OJ C 132 28.04.1997, p. 0067-0074 title: T4-0142/1997 summary: type: Text adopted by Parliament, 1st reading/single reading body: EP
  • date: 1997-07-04T00:00:00 docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1997&nu_doc=345 title: EUR-Lex url: https://eur-lex.europa.eu/JOHtml.do?uri=OJ:C:1997:259:SOM:EN:HTML title: OJ C 259 26.08.1997, p. 0006 title: COM(1997)0345 summary: type: Modified legislative proposal body: EC
  • date: 1997-10-13T00:00:00 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=9962%2F97&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 09962/1/1997 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:1997:375:TOC title: OJ C 375 10.12.1997, p. 0034 summary: type: Council position body: CSL
  • date: 1997-10-16T00:00:00 docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=SECfinal&an_doc=1997&nu_doc=1844 title: EUR-Lex title: SEC(1997)1844 summary: type: Commission communication on Council's position body: EC
  • date: 1997-11-21T00:00:00 docs: title: PE224.456 type: Committee draft report body: EP
  • date: 1997-12-17T00:00:00 docs: title: PE224.456/AM type: Amendments tabled in committee body: EP
  • date: 1998-01-05T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1998-5&language=EN title: A4-0005/1998 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:1998:034:TOC title: OJ C 034 02.02.1998, p. 0004 type: Committee recommendation tabled for plenary, 2nd reading body: EP
  • date: 1998-01-29T00:00:00 docs: url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:C:1998:056:TOC title: OJ C 056 23.02.1998, p. 0012-0027 title: T4-0052/1998 summary: type: Text adopted by Parliament, 2nd reading body: EP
  • date: 1998-03-13T00:00:00 docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1998&nu_doc=151 title: EUR-Lex title: COM(1998)0151 summary: type: Commission opinion on Parliament's position at 2nd reading body: EC
  • date: 2005-12-15T00:00:00 docs: url: http://www.europarl.europa.eu/RegData/docs_autres_institutions/commission_europeenne/com/2005/0657/COM_COM(2005)0657(COR1)_EN.pdf title: COM(2005)0657 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=2005&nu_doc=657 title: EUR-Lex summary: This is an evaluation report on the Settlement Finality Directive 1998/26/EC (SFD) which entered into force in 1999. At the time of its adoption the SFD applied to the fifteen EU Member States. Later, it was extended to the ten new Member States. It also applies to the EEA States, Norway, Iceland and Liechtenstein. The main objectives of the evaluation report are firstly, to analyse the process by which the SFD has been implemented and secondly, to identify a list of potentially problematic issues that could become the subject of future revision. It is not the purposes of this report to present any amendments to the existing Directive. This may follow at a later date, in which case any amendments may be based on this report’s conclusions. In addition any proposed amendments would be subject to an impact assessment report. The report’s findings are based on information provided to the Commission by the Member States and the European Central Bank. Having analysed and assessed the information received the Commission draws three conclusions. Firstly, the SFD is functioning well and the Member States show a high level of satisfaction vis-à-vis its application. Secondly, there is some need for clarifications, improvements, better definitions and, in certain cases, simplification. Thirdly, the Commission will begin a dialogue with both the Member States and the ECB in the course of 2006 and within the framework of the “European Securities Committee” the purpose of which will be to identify which issues should become the subject of future amendments to the Directive. The dialogue will take account of payment and securities settlements systems. The Commission suggests that it may propose legal instruments to increase the efficiency and safety of clearing and settlement services during 2006. Lastly, the Commission notes that the proposal for the Community’s signature to the Hague Securities Convention may need to be taken into account. type: Follow-up document body: EC
events
  • date: 1996-05-30T00:00:00 type: Legislative proposal published body: EC docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1996&nu_doc=193 title: EUR-Lex title: COM(1996)0193 summary:
  • date: 1996-06-17T00:00:00 type: Committee referral announced in Parliament, 1st reading/single reading body: EP
  • date: 1997-03-19T00:00:00 type: Vote in committee, 1st reading/single reading body: EP summary:
  • date: 1997-03-19T00:00:00 type: Committee report tabled for plenary, 1st reading/single reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1997-97&language=EN title: A4-0097/1997
  • date: 1997-04-08T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=19970408&type=CRE title: Debate in Parliament
  • date: 1997-04-09T00:00:00 type: Decision by Parliament, 1st reading/single reading body: EP docs: title: T4-0142/1997 summary:
  • date: 1997-07-04T00:00:00 type: Modified legislative proposal published body: EC docs: url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1997&nu_doc=345 title: EUR-Lex title: COM(1997)0345 summary:
  • date: 1997-10-13T00:00:00 type: Council position published body: CSL docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=9962%2F97&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC title: 09962/1/1997 summary:
  • date: 1997-10-23T00:00:00 type: Committee referral announced in Parliament, 2nd reading body: EP
  • date: 1998-01-05T00:00:00 type: Vote in committee, 2nd reading body: EP summary:
  • date: 1998-01-05T00:00:00 type: Committee recommendation tabled for plenary, 2nd reading body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1998-5&language=EN title: A4-0005/1998
  • date: 1998-01-28T00:00:00 type: Debate in Parliament body: EP docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=19980128&type=CRE title: Debate in Parliament summary: Welcoming the fact that the Council’s common position represented an improvement on the initial proposal, the rapporteur highlighted the problems still to be resolved: identification of the point in time when transfer orders and settlements would cease to apply and become void, and removal of the option for countries to protect their national systems by adopting stricter rules. Commissioner Monti expressed his approval of the solutions envisaged by Parliament’s new amendments on the two points in question. He was also in favour of establishing a higher level of transparency in favour of the sender of a payment or transaction concerning securities (Amendment No 2, third paragraph).
  • date: 1998-01-29T00:00:00 type: Decision by Parliament, 2nd reading body: EP docs: title: T4-0052/1998 summary:
  • date: 1998-04-27T00:00:00 type: Act approved by Council, 2nd reading body: CSL
  • date: 1998-05-19T00:00:00 type: Final act signed body: CSL
  • date: 1998-05-19T00:00:00 type: End of procedure in Parliament body: EP
  • date: 1998-06-11T00:00:00 type: Final act published in Official Journal docs: title: Directive 1998/26 url: https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=31998L0026 title: OJ L 166 11.06.1998, p. 0045 url: https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=OJ:L:1998:166:TOC
other
  • body: CSL type: Council Meeting council: Former Council configuration
procedure/dossier_of_the_committee
Old
JURI/4/09393
New
  • JURI/4/09393
procedure/final/url
Old
http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=31998L0026
New
https://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=31998L0026
procedure/instrument
Old
Directive
New
  • Directive
  • Amended by 2008/0082(COD) Amended by 2009/0161(COD) Amended by 2010/0250(COD) Amended by 2012/0029(COD) Amended by 2016/0362(COD)
procedure/legal_basis/0
EC before Amsterdam E 100A
procedure/legal_basis/0
EC before Amsterdam E 100
procedure/subject
Old
  • 2.50.04.02 Electronic money and payments, cross-border credit transfers
New
2.50.04.02
Electronic money and payments, cross-border credit transfers
procedure/summary
  • Amended by
  • Amended by
  • Amended by
  • Amended by
2015-11-04Show (1) Changes | Timetravel
links/European Commission/title
Old
PreLex
New
EUR-Lex
2014-11-10Show (5) Changes
activities
  • date: 1996-05-30T00:00:00 docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1996&nu_doc=193 celexid: CELEX:51996PC0193:EN type: Legislative proposal published title: COM(1996)0193 type: Legislative proposal published body: EC commission:
  • date: 1996-06-17T00:00:00 body: EP type: Committee referral announced in Parliament, 1st reading/single reading committees: body: EP responsible: False committee: ECON date: 1996-11-28T00:00:00 committee_full: Economic and Monetary Affairs, Industrial Policy rapporteur: group: PSE name: KATIFORIS Giorgos body: EP responsible: True committee: JURI date: 1996-09-25T00:00:00 committee_full: Legal Affairs, Citizens' Rights rapporteur: group: PPE name: LEHNE Klaus-Heiner
  • body: EP committees: body: EP responsible: False committee: ECON date: 1996-11-28T00:00:00 committee_full: Economic and Monetary Affairs, Industrial Policy rapporteur: group: PSE name: KATIFORIS Giorgos body: EP responsible: True committee: JURI date: 1996-09-25T00:00:00 committee_full: Legal Affairs, Citizens' Rights rapporteur: group: PPE name: LEHNE Klaus-Heiner docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1997-97&language=EN type: Committee report tabled for plenary, 1st reading/single reading title: A4-0097/1997 date: 1997-03-19T00:00:00 type: Vote in committee, 1st reading/single reading
  • date: 1997-04-08T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=19970408&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
  • date: 1997-04-09T00:00:00 docs: type: Decision by Parliament, 1st reading/single reading title: T4-0142/1997 body: EP type: Decision by Parliament, 1st reading/single reading
  • date: 1997-06-09T00:00:00 body: CSL type: Council Meeting council: Economic and Financial Affairs ECOFIN meeting_id: 2014
  • date: 1997-07-04T00:00:00 docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!DocNumber&lg=EN&type_doc=COMfinal&an_doc=1997&nu_doc=345 celexid: CELEX:51997PC0345:EN type: Modified legislative proposal published title: COM(1997)0345 type: Modified legislative proposal published body: EC commission:
  • body: CSL meeting_id: 2032 docs: url: http://register.consilium.europa.eu/content/out?lang=EN&typ=SET&i=ADV&RESULTSET=1&DOC_ID=9962%2F97&DOC_LANCD=EN&ROWSPP=25&NRROWS=500&ORDERBY=DOC_DATE+DESC type: Council position published title: 09962/1/1997 council: Economic and Financial Affairs ECOFIN date: 1997-10-13T00:00:00 type: Council Meeting
  • date: 1997-10-23T00:00:00 body: EP type: Committee referral announced in Parliament, 2nd reading committees: body: EP responsible: True committee: JURI date: 1996-09-25T00:00:00 committee_full: Legal Affairs, Citizens' Rights rapporteur: group: PPE name: LEHNE Klaus-Heiner
  • body: EP committees: body: EP responsible: True committee: JURI date: 1996-09-25T00:00:00 committee_full: Legal Affairs, Citizens' Rights rapporteur: group: PPE name: LEHNE Klaus-Heiner docs: url: http://www.europarl.europa.eu/sides/getDoc.do?type=REPORT&mode=XML&reference=A4-1998-5&language=EN type: Committee recommendation tabled for plenary, 2nd reading title: A4-0005/1998 date: 1998-01-05T00:00:00 type: Vote in committee, 2nd reading
  • date: 1998-01-28T00:00:00 docs: url: http://www.europarl.europa.eu/sides/getDoc.do?secondRef=TOC&language=EN&reference=19980128&type=CRE type: Debate in Parliament title: Debate in Parliament body: EP type: Debate in Parliament
  • date: 1998-01-29T00:00:00 docs: type: Decision by Parliament, 2nd reading title: T4-0052/1998 body: EP type: Decision by Parliament, 2nd reading
  • date: 1998-04-27T00:00:00 body: CSL type: Council Meeting council: General Affairs meeting_id: 2085
  • date: 1998-05-19T00:00:00 body: CSL type: Final act signed
  • date: 1998-05-19T00:00:00 body: EP type: End of procedure in Parliament
  • date: 1998-06-11T00:00:00 type: Final act published in Official Journal docs: url: http://eur-lex.europa.eu/smartapi/cgi/sga_doc?smartapi!celexplus!prod!CELEXnumdoc&lg=EN&numdoc=31998L0026 title: Directive 1998/26 url: http://eur-lex.europa.eu/JOHtml.do?uri=OJ:L:1998:166:SOM:EN:HTML title: OJ L 166 11.06.1998, p. 0045
committees
  • body: EP responsible: False committee: ECON date: 1996-11-28T00:00:00 committee_full: Economic and Monetary Affairs, Industrial Policy rapporteur: group: PSE name: KATIFORIS Giorgos
  • body: EP responsible: True committee: JURI date: 1996-09-25T00:00:00 committee_full: Legal Affairs, Citizens' Rights rapporteur: group: PPE name: LEHNE Klaus-Heiner
links
European Commission
other
  • body: CSL type: Council Meeting council: Former Council configuration
procedure
dossier_of_the_committee
JURI/4/09393
reference
1996/0126(COD)
instrument
Directive
legal_basis
EC before Amsterdam E 100
stage_reached
Procedure completed
summary
subtype
Legislation
title
Banks: settlement finality in payment and securities settlement systems
type
COD - Ordinary legislative procedure (ex-codecision procedure)
final
subject
2.50.04.02 Electronic money and payments, cross-border credit transfers
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