The Council has published a report dated 18 July 2011 on the EP's proceedings concerning the proposal for a Regulation on OTC derivatives, central counterparties and trade repositories (EMIR). The report summarises the debate that took place on 4 July 2011 and contains the text adopted by the EP on 5 July 2011. To allow the possibility of a first reading agreement between the Council and the EP on EMIR, the vote on the legislative resolution has been postponed to a later session, potentially in September 2011. (Source: Outcome of the European Parliament's Proceedings on EMIR)