01 December 2002

CONGLOMERATES OVERVIEW

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This section gives the timing of the steps in the legislative timetable of the co-decision procedure. All the Directives of the FSAP are subject to this process. This section will be up-dated as events progress.

If no agreement between Parliament and Council is reached in First Reading than there will be a Second Reading and maybe a conciliation process. For a detailed description of the co-decision process, see the Council’s explanation.

Current stage of co-decision procedure: finalized

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DIRECTIVE ON FINANCIAL CONGLOMERATES ADOPTED: November, 2002 (event)

Council Common Position on Financial Conglomerates (non-public version): September, 2002 (event)

EP adopted Directive on Financial Conglomerates (1st reading): March, 2002 (event)

Commission Proposal on Financial Conglomerates Directive: April 24, 2001 (event)

© Graham Bishop