On March 1, the Council of the European Union published an “I” item note with an accompanying addendum, setting out the final compromise text of the proposed Regulation to amend the European Market Infrastructure Regulation (EMIR Refit Regulation).

In the “I” item note, the general secretariat council invites its Permanent Representatives Committee (COREPER) to approve the final compromise text of the EMIR Refit Regulation with a view to reaching an agreement at first reading with the European Parliament.

The Council of the European Union and the European Parliament previously reached political agreement on the proposals in February (for further information, see the February 8 edition of Corporate & Financial Weekly Digest).

The “I” item note and addendum are available here and here.