COREPER invited to confirm agreement on proposal on treatment of CCP concentration risk

Article summary

Following the European Parliament’s adoption of a legislative proposal for legislative proposal for a directive of the European Parliament and of the Council amending Directive 2009/65/EC (UCITS), Directive 2013/36/EU (CRD IV) and the Investment Firms Directive (EU) 2019/2034 (IFD)  in April 2024, the General Secretariat of the Council of the EU has published an ‘I/A’ Item Note asking the Council’s Permanent Representatives Committee (COREPER) to confirm its agreement and to suggest that the Council approve the European Parliament's position at a forthcoming meeting.