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Decision

Securities settlement in the EU and central securities depositories (CSDs): shorter settlement cycle in the Union

Effect
Passed
Result
612 for · 7 against · 45 abstained roll call
Date
10 September 2025, 14:20
Kind
New EU law · 1st reading
More facts (8)
Margin
by an overwhelming majority
Text
Report A-10-2025-0095
Dossier
2025/0022(COD)
Source
Committee report by Johan Van Overtveldt
Topics
Economy & single market Assigned by a model, not checked by hand.
Votes
1 vote · 1 roll call
Sitting
Wednesday 10 September 2025
Final vote
178405
More
Cite this page Roll-call results (EP) (opens the official site)
Link to this page
Votes on this decision
Members on the final vote

Result

The final vote and what it means for this kind of decision.

Final vote: 612 for, 7 against, 45 abstained (roll call).

Passed by an overwhelming majority.

Parliament adopted its position on the law.

Backed by Greens, S&D, Renew, EPP, ECR, Patriots and ESN; The Left mostly abstained.

Groups

Members' votes, each counted in the group they belonged to on the day. No vote: in office that day, no position recorded. Majority line: the most common position. Clear line: a position with at least two thirds of the group's votes (at least 10 members voting), otherwise Divided. Cohesion: Agreement Index, 0 = evenly split, 1 = all voted the same (method).
GroupForAgainstAbst.No voteMajority lineClear lineCohesionBar
The LeftFor 0Against 1Abst. 36No vote 9 of 46Majority line AbstainedClear line Abstained Cohesion 0.96
GreensFor 48Against 0Abst. 0No vote 5 of 53Majority line ForClear line For Cohesion 1.00
S&DFor 127Against 1Abst. 0No vote 8 of 136Majority line ForClear line For Cohesion 0.99
RenewFor 67Against 0Abst. 0No vote 8 of 75Majority line ForClear line For Cohesion 1.00
EPPFor 176Against 1Abst. 0No vote 11 of 188Majority line ForClear line For Cohesion 0.99
ECRFor 72Against 0Abst. 0No vote 7 of 79Majority line ForClear line For Cohesion 1.00
PatriotsFor 79Against 1Abst. 0No vote 5 of 85Majority line ForClear line For Cohesion 0.98
ESNFor 25Against 0Abst. 0No vote 2 of 27Majority line ForClear line For Cohesion 1.00
No groupFor 18Against 3Abst. 9No vote 0 of 30Majority line —Clear line No line Cohesion —

Members who changed group are counted in the group of the day: Branko GRIMS changed group, Elena YONCHEVA changed group, Elisabetta GUALMINI changed group, Ewa ZAJĄCZKOWSKA-HERNIK changed group, Jessika VAN LEEUWEN changed group, Laurent CASTILLO changed group, Lukas SIEPER changed group, Nikola BARTŮŠEK changed group, Nikolas FARANTOURIS changed group, Pina PICIERNO changed group, Roberto VANNACCI changed group, Sander SMIT changed group, Taner KABILOV changed group.

Voted against their group, 4

Members who voted otherwise than a clear line (at least two thirds of the votes cast, at least 10 members voting) of the group they sat in that day. A group without a clear line is divided and not counted.

  • The Left line Abstained · 1 voted for or against of 37 who voted

    Voted for or against (1)

  • S&D line For · 1 voted against of 128 who voted

    Voted against (1)

  • EPP line For · 1 voted against of 177 who voted

    Voted against (1)

  • Patriots line For · 1 voted against of 80 who voted

    Voted against (1)

Countries

The final vote by national delegation.

Votes by country (27 delegations)
Members' votes by country. No vote: in office that day, no position recorded. Cohesion: Agreement Index of the delegation, 0 = evenly split, 1 = all the same; it reflects the mix of groups (method).
CountryForAgainstAbst.No voteCohesion
Austria191000.93
Belgium170230.84
Bulgaria150021.00
Cyprus5010—
Czechia190200.86
Germany840930.85
Denmark130110.89
Estonia6001—
Spain541230.92
Finland90330.63
France700740.86
Greece132510.47
Croatia111000.88
Hungary200011.00
Ireland100220.75
Italy5808100.82
Lithuania100011.00
Luxembourg6000—
Latvia8001—
Malta5001—
Netherlands260051.00
Poland451070.97
Portugal170041.00
Romania311100.91
Sweden190200.86
Slovenia9000—
Slovakia130021.00

Members

Each member’s recorded position on the final roll call, in the group they sat in that day. Filter by country, group, position or name.

Show all 664 members

Debate speakers and how they voted

Members who spoke in the plenary debate on the dossier. Speeches: how many times they took the floor. Final vote: their recorded position on this decision's final roll call.
MemberGroupSpeechesSpokeFinal vote
Sabine VERHEYEN GermanyEPPSpeeches110 Sept 2025 (verbatim report, official site) For

All votes on this decision, 1

In voting order. Result: for–against–abstained (a show of hands has no count). Requested by: the groups that asked for a roll call, a split vote or a separate vote.
No.VoteRecordedResultRequested by
1Final vote on the provisional agreement A10-0095/2025 - Johan Van Overtveldt - Accord provisoire - Am 2 Roll call612 for, 7 against, 45 abstained Adopted

Text

The text voted on.

Report A-10-2025-0095

AI: What this vote decides Written by AI from the official text — check the source

The proposal shortens the mandatory settlement cycle for most securities transactions in the EU from two business days after trading (T+2) to one business day (T+1).

Parliament adopted its position on the law, supporting the move to T+1 to reduce risks and align with global markets.

Certain securities financing transactions are exempt, and the Commission may adjust penalty rules if settlement fails increase.

The application date is deferred to allow preparation, and ESMA will monitor settlement efficiency and report on future T+0 feasibility.

Read the text · Report a problem

AI: The text in short Written by AI from the official text — check the source

Parliament's amended version of the proposed regulation shortens the mandatory settlement cycle for securities transactions on trading venues from T+2 to T+1, with exemptions for certain privately negotiated or bilaterally executed transactions and for securities financing transactions documented as single transactions composed of two linked operations.

Read the text · Report a problem

Dossier

Where the dossier stands and its other decisions in plenary.

2025/0022(COD) · Ordinary legislative procedure

Amendment of Regulation (EU) No 909/2014 as regards a shorter settlement cycle in the Union

Completed: published in the Official Journal on 14 October 2025 and now EU law.

Show the 6 steps of the dossier
  1. Referred to committee · 10 March 2025 (done)
  2. Committee work · Report adopted 20 May 2025 (done)
  3. Tabled for plenary · 20 May 2025 (done)
  4. Negotiations with the Council · Deal approved in committee 15 July 2025 (done)
  5. Plenary vote · Adopted 10 September 2025 (done)
  6. Published as law · 14 October 2025 (done)

Lead committee: ECON · Rapporteur: Johan VAN OVERTVELDT (ECR)

Connections

What this decision touches: the procedural chain, the same text, running issues, votes that split the chamber the same way.

Show 7 connections: Running issue: EU competitiveness · Other decisions of the part-session on ECON dossiers

Running issue: EU competitiveness

Other decisions of the part-session on ECON dossiers

See all: Other decisions of the part-session on ECON dossiers

Sources & citation

Where the facts on this page come from, and how to cite it.

Permalink
https://news.eu-parl.st-solutions.dev/decisions/2025-09-10/5
Official sources
Data source
Licensed CC BY 4.0.
Retrieved
25 September 2026

Cite as

European Parliament (2025). “Securities settlement in the EU and central securities depositories (CSDs): shorter settlement cycle in the Union”. Decision, 10 September 2025. votingId 178405, document A-10-2025-0095, reference 2025/0022(COD). EU Parl Watch Research. https://news.eu-parl.st-solutions.dev/decisions/2025-09-10/5 (retrieved 25 September 2026). Official sources: Roll-call votes, sitting of 10 September 2025 (European Parliament), https://www.europarl.europa.eu/doceo/document/PV-10-2025-09-10-RCV_EN.html; Results of votes, sitting of 10 September 2025 (European Parliament), https://www.europarl.europa.eu/doceo/document/PV-10-2025-09-10-VOT_EN.html. Data: EP Open Data API: decisions of the sitting MTG-PL-2025-09-10, https://data.europarl.europa.eu/api/v2/meetings/MTG-PL-2025-09-10/decisions?format=application%2Fld%2Bjson (CC BY 4.0).
BibTeX 
@misc{epw-decision-2025-09-10-5,
  author = {{European Parliament}},
  title = {{Securities settlement in the EU and central securities depositories (CSDs): shorter settlement cycle in the Union}},
  year = {2025},
  date = {2025-09-10},
  howpublished = {\url{https://news.eu-parl.st-solutions.dev/decisions/2025-09-10/5}},
  url = {https://news.eu-parl.st-solutions.dev/decisions/2025-09-10/5},
  urldate = {2026-09-25},
  publisher = {EU Parl Watch Research},
  note = {Decision. votingId 178405, document A-10-2025-0095, reference 2025/0022(COD). Official source: https://www.europarl.europa.eu/doceo/document/PV-10-2025-09-10-RCV\_EN.html, https://www.europarl.europa.eu/doceo/document/PV-10-2025-09-10-VOT\_EN.html. Data: EP Open Data API: decisions of the sitting MTG-PL-2025-09-10 (CC BY 4.0)}
}