The Presidency of the Council has tabled a revised compromise text of the CSD Regulation and asked COREPER, the Committee of Permanent Representatives, to adopt this text as the Council's general approach. A state-of-play document by the Presidency points out that there is only one main issue lacking unanimous support from Member States. The outstanding issue relates to whether ESMA should be given binding powers when mediating between the national authority that wants to grant authorisation for a CSD to provide banking ancillary services and those concerned countries that issue a negative opinion against authorisation. (Source: CSD Regulation Compromise Text and CSDR State-of-Play)