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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)