Banking Union – annual report 2024
Parliament sets out its own position on a topic. The resolution is not binding but signals what Parliament wants.
Where it stands: Parliament adopted the text on 8 May 2025. This is its final position on the matter.
- ✓ Referred to committee 10 October 2024
- ✓ Committee work Report adopted 19 March 2025
- ✓ Tabled for plenary 26 March 2025
- ✓ Plenary vote Adopted 8 May 2025
- ✓ Parliament’s position Final
How a file moves through Parliament
A file is referred to one lead committee (others may give an opinion). Its rapporteur writes a draft report, committee members table amendments, and the committee votes to adopt the report. The report is then tabled for all MEPs; political groups can table further amendments, which are voted on before the final vote in plenary. The adopted resolution is Parliament’s final position; it is not itself law.
Who is working on it
- Lead committee
- ECON — Economic and Monetary Affairs
- Rapporteur
- Ralf SEEKATZ PPE
- Shadow rapporteurs
- Jonás FERNÁNDEZ S&DJorge MARTÍN FRÍAS PfEMarlena MALĄG ECREngin EROGLU RenewKira Marie PETER-HANSEN Verts/ALEPasquale TRIDICO The Left
The rapporteur drafts and negotiates the text for the lead committee; each other political group names a shadow rapporteur to follow the file.
The text, version by version
Latest Tabled for plenary → Adopted by Parliament: Adds a paragraph on bank branch closures and the importance of smaller banks, calling for proportionality in supervision. Other changes are formal: decimal separators updated and paragraphs renumbered. see the changes →
Committee draft → Tabled for plenary: The report expands significantly, adding many new paragraphs on topics like digitalisation, cyber resilience, climate risks, and gender balance. It updates positions on the Banking Union's completion, emphasising the missing European deposit insurance scheme and the need to avoid taxpayer bailouts. It revises paragraphs on Basel III implementation, non-performing loans, and resolvability, adding calls for assessments and noting national roles. The other changes are formal: a punctuation correction in a year reference. see the changes →
Newest version first. Open a version to read it in full. “What changed” shows the differences paragraph by paragraph; ✦ lines are AI-written from the texts themselves.
Timeline
- Plenary stage
- 8 May 2025 Plenary voteAdopted Adopted by a large majorityFor 345 Against 135 Abstained 62
Final vote — text as a whole at 13:51 · 64% of votes cast in favour · every MEP’s position →
Show all 27 ballots in voting order
Rejected2. Separate vote on paragraph 1RejectedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded3. Vote on text inserted after paragraph 1RejectedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded4. Separate vote on paragraph 2RejectedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded5. Separate vote on paragraph 2AdoptedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded6. Separate vote on paragraph 8AdoptedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded7. Separate vote on paragraph 8AdoptedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recordedAdopted9. Amendment 5, adding text after paragraph 10 13:48 A10-0044/2025 - Ralf Seekatz - Après le § 10 - Am 5RejectedRejectedAdopted12. Amendment 2, adding text after paragraph 18 13:49 A10-0044/2025 - Ralf Seekatz - Après le § 18 - Am 2Adopted13. Separate vote on paragraph 19RejectedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded14. Separate vote on paragraph 25RejectedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recordedAdopted16. Vote on text inserted after paragraph 26RejectedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recordedRejectedRejected19. Vote on text inserted after paragraph 35RejectedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded20. Separate vote on paragraph 44AdoptedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recordedAdopted22. Separate vote on recital ERejectedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded23. Separate vote on recital FAdoptedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded24. Separate vote on recital FAdoptedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded25. Separate vote on recital JAdoptedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded26. Separate vote on recital LRejectedA vote by raised hands. Only the outcome is recorded, not who voted how. — no individual positions recorded27. Final vote — text as a whole 13:51 A10-0044/2025 - Ralf Seekatz - Proposition de résolution (ensemble du texte)Adopted - 7 May 2025 Debated in plenary
MEPs debated the text in the chamber ahead of the vote.
- 29 April – 30 April 2025 15 amendments tabled for the plenary vote
Groups propose changes to the tabled text; each is voted on before the final vote.
- 26 March 2025 Report tabled for plenary
This is the text all MEPs vote on. Political groups can still table amendments to it.
- Committee stage
- 19 March 2025 Committee vote: report adopted
ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.
- 16 December 2024 Amendments tabled in committee
Members of ECON (Economic and Monetary Affairs) proposed changes to the draft.
- 7 November 2024 Draft report published
The rapporteur’s first text in ECON (Economic and Monetary Affairs). Members can table amendments before the committee votes.
- 10 October 2024 Referred to the ECON (Economic and Monetary Affairs) committee
The lead committee prepares Parliament’s report.