Committee on Economic and Monetary Affairs Ordinary meeting
28 September 2026
Contents updated on 28 Sept 2026
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ECON European Parliament
Follow its sittings05:53 - 05:57
Speaker 1
Just to let you know that we have a technical issue. So, I mean, I think it will take a couple of minutes before we begin.
11:38 - 11:52
So, thank you to the technical team who managed to fix our problem. Good afternoon everyone, we'll start today's meeting with the adoption of the agenda. If there is no objection, the agenda is deemed adopted.
11:53 - 14:01
Speaker 2
Interpretation will be available today in 12 languages. Now, report on ongoing interinstitutional negotiations. The second trilogue on the single currency package, which covers the regulation on the establishment of digital euro, the provision of digital euro services by payment services providers incorporated in member states whose currency is not the euro and amending the regulation 2021, and the legal tender of euro banknotes and coins, was held on Thursday, September 10. It focused on some identified political issues of the establishment of digital euro regulation, compensation model and distribution, and of legal tender of cash regulation, scope, mandatory acceptance, and access to cash. As a result of the discussion, the Commission was asked to provide clarification in the upcoming trilogue, and some issues were delegated to technical level.
The next trilogue is scheduled to take place on Wednesday, September 30. Okay, and when it comes to coordinator decision and recommendation, the final summary of decision and recommendation taken at the written procedure of September 10 has been made available on e-meeting. If there is no objection, then the coordinator decision and recommendation are endorsed.
We now turn to the presentation of the draft own-initiative report of rapporteur Isabel Benjumea on the competitiveness of the banking sector in the European Union. The draft report consists of three parts which tackle competitiveness and capital requirements, simplification and the digital framework. In addition, it includes an introductory part with more general consideration. And I will now invite our rapporteur to present her draft report. You have six minutes.
14:01 - 16:02
Speaker 3
I didn't expect that much time, so I'll be short because I really want to hear the inputs of the shadow rapporteurs and the colleagues. I'll be speaking in Spanish. Muchísimas gracias, señora presidenta. Durante los últimos años, la competitividad europea se ha visto lastrada por una creciente carga burocrática y regulatoria. Nuestros bancos conocen bien sus consecuencias.
El marco normativo europeo que les afecta supera ya las noventa y cinco mil páginas.
Hoy contamos con bancos más resilientes, pero también con bancos que compiten en desventaja frente a los de otras jurisdicciones. Siguen operando en un mercado fragmentado, con barreras nacionales, normas excesivamente complejas y elevados costes de cumplimiento. Todo ello reduce su capacidad para invertir, crecer y sobre todo para financiar nuestra economía. Y eso es algo frente a lo que hay que reaccionar. Por eso, revisar este marco legislativo lo considero urgente.
Como ponente del Parlamento, doy la bienvenida a la propuesta de la Comisión y planteo que el proyecto de informe que hoy presentamos tenga cinco prioridades. La primera, que sea completar la unión bancaria y eliminar las barreras que persisten en el mercado único. La segunda, incorporar la competitividad como mandato secundario de las autoridades supervisoras europeas. Tercera prioridad, reducir duplicidades y cargas regulatorias innecesarias. La quinta, facilitar la consolidación bancaria cuando así lo demanden las decisiones de mercado.
Y por último, impulsar el uso de tecnologías como la inteligencia artificial y la tokenización.
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