Following the European Parliament’s Committee on Economic and Monetary Affairs’ (ECON) report on the relationship between the EU and third countries concerning financial services regulation and supervision, the European Parliament has now voted in plenary to adopt the resolution put forth in the report.

The Parliament has published the minutes of the vote and a provisional edition of the resolution which contains recommendations relating to the equivalence framework in financial services legislation. See our Investment Management Update of 12 September 2018 for more information on the ECON report and recommendations.