On 13 March 2019, the European Parliament (EP) published a provisional version of a decision raising no objections to a Delegated Regulation amending Delegated Regulation (EU) 2019/2579 as regards the possibility to adjust the average daily number of transactions for a share where the trading venue with the highest turnover of that share is located outside the EU.

The decision notes, among other things, that the European Parliament considers that the draft Delegated Regulation is not ‘the same’ as that submitted by the European Securities and Markets Authority due to the European Commission’s changes that were introduced to the draft, and considers that it has a scrutiny period of three months to object.

The EP instructs its President to forward the decision to the Council of the EU and the Commission.