The European Parliament’s Economic and Monetary Affairs committee had been due to vote on amendments to the directive but the vote was postponed to allow for more time discuss the 819 amendments proposed.
The vote was originally meant to take place by December 19 but was pushed back to February 28 and then April 25.
The European Parliament’s Internal Markets and Consumer Protection committee passed its draft proposals in December last year.
The directive includes controversial propositions to regulate buy-to-let mortgages, bridging loans and the future of the Key Facts Illustration document which could be replaced with a European version called an ESIS.
Rebekka De Nie, policy adviser at BIPAR, the European trade body for intermediaries, said: “I believe the vote was postponed because the parliament had difficulty in meeting an agreement on the vote. It was originally meant to take. We will be following it very closely and we expect a future date for the vote to be announced soon.”
