On 12 June 2018, the European Parliament (EP) issued a press release stating that it had voted in plenary to adopt the proposed Regulation amending the European Market Infrastructure Regulation (EMIR). The EP reports that the plenary vote gives a strong mandate to the Economic and Monetary Committee negotiators concerning the draft text adopted by the ECON committee on 16 May 2018. Three way talks with the Council and the European Commission are planned to start on July.