During this first CWPS under the Luxembourg Presidency, the European Parliament amendment proposals on the balance of payments Regulation were the main topic of the discussion.

Especially the requirement for new statistics on ultimate beneficiary owner and for statistics distinguishing greenfield investment from takeovers have been debated. Many Member States were in favour of developing new statistics, but insisted on doing so in a stepwise approach and eventually amending the Regulation by ordinary legislative procedure. Still concerning the balance of payments file, other topics such as the enlargement of the scope of delegated acts and the change in reporting from GEO5 to GEO6 for certain items of Annex I were on the list of discussions.

The Presidency presented also a brief overview on other open files.