A meeting of the Council's Working Party on Financial Services and the Banking Union is scheduled for 17 July 2026, according to a notice of meeting and provisional agenda published by the EU Council. The meeting will focus on a legislative package aimed at enhancing capital market integration and supervision within the EU, including amendments to multiple regulations and directives, as well as a new regulation on settlement finality.
The agenda lists amendments to Regulations (EU) No 1095/2010, 648/2012, 600/2014, 909/2014, 2015/2365, 2019/1156, 2021/23, 2022/858, 2023/1114, No 1060/2009, 2016/1011, 2017/2402, 2023/2631, and 2024/3005, alongside amendments to Directives 2009/65/EC, 2011/61/EU, and 2014/65/EU. A proposal for a new Regulation on settlement finality, which would repeal Directive 98/26/EC and amend Directive 2002/47/EC on financial collateral arrangements, is also on the table.
The package is expected to streamline and strengthen supervision of capital markets across EU member states, potentially reducing fragmentation and improving market stability. However, the amendments to existing regulations and directives could increase the regulatory burden on financial institutions. The new settlement finality regulation aims to provide legal clarity and efficiency in settlement processes and financial collateral arrangements, which may enhance investor protection and market integrity.
The meeting will be attended by attachés from EU member states. No prior coverage of this specific meeting or package exists in the available record. The outcome of the discussions could shape the final legislative proposals before they proceed to higher-level Council formations and the European Parliament.