European Parliament update: legislative timetable for amendments to Directive 98/26/EC
April 5, 2011
The European Parliament has provided an update in relation to the legislative timetable for amendments to Directive 98/26/EC, on OTC derivatives, central counterparties and trade repositories:
(i) the political agreement of the Council on the final act is expected to be set for 17 May; and
(ii) the European Parliament is scheduled to have a first or single reading of the report on 25 May 2011.