Committee on Economic and Monetary Affairs Ordinary meeting

3 November 2026

ECON European Parliament

Follow its sittings
07:56 - 10:27
Speaker 1
Okay, good afternoon, everyone.  We will start today's meeting with the adoption of the agenda.  If there is no objections, the agenda is adopted. 

Interpretation is available today in 12 languages.  The final summary of the decision and recommendation adopted at coordinators' meeting of October 22 and in the written procedures launched in September are now available on eMeeting if there is no objection.  The coordinators' decision and recommendation are endorsed.  We move now to the adoption of the minutes.  If there is no objection, the minutes of the meeting of May 4, 5, June 3, 4, June, how many minutes, June 22, 23, July the 2nd, July 15 and second and September 2nd, 20, 26 are adopted. 

We now move to the report on ongoing interinstitutional negotiations.  Third and fourth trilogue on securitisation package.  The third trilogue on the securitisation package, which covers amendment to the Capital Regulation Capital Requirements Regulation and the Securitisation Regulation, was held on Tuesday, September 29.  Agreement in principle have been found as regards the definition of public and private securitisation.  Significant risk transfer, review clause and sole purpose test, there were agreement in principle. 

The last trilogue took place on Wednesday, October 21, and resulted in the European Parliament and the Council reaching a provisional political agreement.  Amongst other measures, co-legislator agreed on ESMA supervision of third-party verifiers,  more risk-sensitive capital requirement, including a lower floor of the floor value of 5% for resilient STS securitisation position and a reduced requiring required funding factor for STS exposure.  So, congratulations to the rapporteur and the negotiating team.  Third, fourth, and fifth trilogues on the Single Currency Package on digital euro were held on September 30 and October 8 and 20, while the negotiation continue on some political point. 

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