EU Insolvency Law Harmonization Proposal

by name voted on 10.03.2026

Summary

A proposal to harmonize EU insolvency laws to improve cross-border investment, asset tracing, and business continuity.

10 10.03.2026

Report

economy

finance

civil law

social policy

european union

public administration

business and competition

information technology and data processing

Key points

The directive aims to harmonize insolvency laws to support the Capital Markets Union and cross-border investment.
New rules will strengthen 'avoidance actions' to challenge transactions that harm the general body of creditors.
Insolvency practitioners will receive improved access to bank account registers and beneficial ownership information for asset tracing.
The introduction of 'pre-pack' proceedings allows businesses to be sold as a going concern through a two-phase process (preparation and liquidation).

Vote

PPE

S&D

PfE

ECR

Renew

Verts/ALE

The Left

NI

ESN

Total

Speeches

6 Speeches in total

Pro

Contra

João OLIVEIRA

The Left

1:14 min

17. Harmonising certain aspects of insolvency law ***I (short presentation)

Sebastian TYNKKYNEN

Sebastian TYNKKYNEN

ECR

1:08 min

17. Harmonising certain aspects of insolvency law ***I (short presentation)

Documents (PDFs)

PROVISIONAL AGREEMENT RESULTING FROM INTERINSTITUTIONAL NEGOTIATIONS Proposal for a directive of the European Parliament and of the Council harmonising certain aspects of insolvency law DRAFT OPINION on the proposal for a directive of the European Parliament and of the Council harmonising certain aspects of insolvency law DRAFT OPINION on the proposal for a directive of the European Parliament and of the Council harmonising certain aspects of insolvency law DRAFT REPORT on the proposal for a directive of the European Parliament and of the Council harmonising certain aspects of insolvency law OPINION on the proposal for a directive of the European Parliament and of the Council harmonising certain aspects of insolvency law OPINION on the proposal for a directive of the European Parliament and of the Council harmonising certain aspects of insolvency law REPORT on the proposal for a directive of the European Parliament and of the Council harmonising certain aspects of insolvency law Harmonising certain aspects of insolvency law Follow up to T10-0057/2026

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