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Ordinary legislative procedure First reading

Amending Regulations (EU) 2016/679, (EU) 2016/1036, (EU) 2016/1037, (EU) 2017/1129, (EU) 2023/1542 and (EU) 2024/573 as regards the extension of certain mitigating measures available for small and medium sized enterprises to small mid-cap enterprises and further simplification measures

A proposed EU law. Parliament and the Council must agree on the same text: Parliament adopts its position, then negotiates with the Council.

Where it stands: Parliament’s committee approved the deal reached with the Council on 2 July 2026; the plenary vote on it is still to come.

  1. ✓ Referred to committee 10 July 2025
  2. ✓ Committee work Report adopted 25 February 2026
  3. ✓ Tabled for plenary 3 March 2026
  4. 4 Plenary vote Scheduled 24 November 2026
  5. 5 Negotiations with the Council Deal approved in committee 2 July 2026
  6. 6 Published as law
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. For a law, Parliament’s adopted text is its first-reading position; Parliament and the Council then negotiate a common text (trilogues) which both must approve before it is published as law.

Who is working on it

Lead committee
ECON — Economic and Monetary Affairs
Rapporteurs
Mariateresa VIVALDINI ECRNiels Flemming HANSEN PPELukas MANDL PPE
Shadow rapporteurs
Isabel BENJUMEA BENJUMEA PPEThomas BAJADA S&DMireia BORRÁS PABÓN PfEĽudovít ÓDOR RenewJussi SARAMO The LeftSiegbert Frank DROESE ESNBarbara BONTE PfEJacek OZDOBA ECRKarin KARLSBRO RenewMEP #96725 Verts/ALEPer CLAUSEN The LeftKristian VIGENIN S&DFabrice LEGGERI PfEAssita KANKO ECRIrena JOVEVA RenewMarkéta GREGOROVÁ Verts/ALEPernando BARRENA ARZA The Left
For opinion
INTA — International Trade · rapporteur Bernd LANGE S&DITRE — Industry, Research and Energy IMCO — Internal Market and Consumer Protection · rapporteur Cynthia NÍ MHURCHÚ Renew

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

Timeline

  1. Negotiations with the Council
  2. 2 July 2026 Committee approved the deal reached with the Council

    The provisional agreement from the trilogues goes to the whole Parliament for a vote.

  3. 9 June 2026 Trilogue meeting

    Negotiation between Parliament, Council and Commission on a common text.

  4. 13 April 2026 Trilogue meeting

    Negotiation between Parliament, Council and Commission on a common text.

  5. 11 March 2026 Plenary endorsed the mandate to negotiate with the Council

    Parliament’s negotiators can now seek a compromise text with the Council (in “trilogues”).

  6. Plenary stage
  7. 3 March 2026 Report tabled for plenary

    This is the text all MEPs vote on. Political groups can still table amendments to it.

  8. Committee stage
  9. 25 February 2026 Committee vote: report adopted

    ECON (Economic and Monetary Affairs) voted on the amendments and adopted the report that goes to plenary.

  10. 27 January 2026 IMCO (Internal Market and Consumer Protection) adopted its opinion

    The opinion is attached to the report for the lead committee to consider.

  11. 12 December 2025 Amendments tabled in committee

    Members of the committee proposed changes to the draft.

  12. 2 December 2025 INTA (International Trade) adopted its opinion

    The opinion is attached to the report for the lead committee to consider.

  13. 7 November 2025 Draft report published

    The rapporteur’s first text. Members can table amendments before the committee votes.

  14. 10 July 2025 Referred to the ECON (Economic and Monetary Affairs) committee

    The lead committee prepares the report; INTA (International Trade), ITRE (Industry, Research and Energy), IMCO (Internal Market and Consumer Protection) give an opinion.