Third reading of the Draft Act amending the Securities Market Act and consequently amending other acts (Regulation of derivatives and repo transactions) (633 SE)
Session: The 15th Riigikogu, VI Session, Plenary Sitting
Date: 2025-10-15 19:03
Total Speeches: 2
Membership: 15
Agenda Duration: 3m
AI Summaries: 2/2 Speeches (100.0%)
Analysis: Structured Analysis
Analysis
Summary
Under this agenda item, the third reading of Draft Act 633, initiated by the Government of the Republic, concerning the amendment of the Securities Market Act and consequently the amendment of other acts (regulation of derivatives and repo transactions), took place. The Chair opened the debates, but as no requests to speak were submitted, they were immediately closed. Upon the proposal of the lead committee, the final vote on the draft act was conducted. The voting results indicated widespread support for the draft act: 55 members of the Riigikogu voted in favor, and there were no votes against or abstentions. Draft Act 633 was adopted as law.
Decisions Made 1
Bill 633, initiated by the Government of the Republic, concerning the Act amending the Securities Market Act and consequently amending other acts (Regulation of Derivative and Repo Transactions), was adopted as an Act with 55 votes in favor.
Aseesimees Toomas Kivimägi
AI Summary
During the Riigikogu session, proceedings moved forward to the third reading of Draft Bill 633, initiated by the Government of the Republic, concerning amendments to the Securities Market Act and consequential amendments to other acts. This important bill, which addresses financial regulation, focuses primarily on updating and streamlining the regulation of derivative and repo transactions, thus being critically important for the functioning of the Estonian securities market. After the agenda item was opened, the presiding officer announced the commencement of debates. However, since the members of parliament did not express a desire to take the floor, the discussion was immediately closed. The leading committee subsequently proposed moving the bill to the final vote. Consequently, Draft Bill 633, which deals with the regulation of derivative and repo transactions, was put to the final vote of the Riigikogu members to decide on its adoption as law.
Aseesimees Toomas Kivimägi
AI Summary
The final vote on Draft Bill 633 took place during the Riigikogu session, resulting in the legislative act being adopted with exceptionally strong parliamentary support. The voting results demonstrated broad political consensus and confirmed the bill's rapid and smooth passage. Specific voting data emphasizes the extent of this consensus: 55 members of the Riigikogu voted in favor of the bill. No votes against were registered (0), nor were there any abstaining members (0). With this outcome, Draft Bill 633 has been officially adopted as law and will be declared effective, concluding the legislative procedure on this matter.