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JOINT COMMITTEE ON FINANCE, PUBLIC EXPENDITURE AND REFORM debate -
Thursday, 13 Oct 2011

Scrutiny of Legislative Proposals

Due to the number of European Union measures to be dealt with, it has been agreed to group them into related categories, to read the proposal numbers and a short summary into the record and to publish a list on the committee's web page. The publication will include the full titles of the measures. The clerk to the committee has circulated a list of the 59 EU legislative proposals received by the secretariat since the dissolution of the previous Dáil. In addition, the clerk has circulated a briefing document compiled by the Oireachtas policy unit on the individual EU proposals received.

The following proposals have been forwarded to the committee for scrutiny: COM (2011) 121, proposal for a Council directive on a common consolidated corporate tax base, CCCTB; COM (2011) 142, proposal for a directive of the European Parliament and of the Council on credit agreements relating to residential property; COM (2011) 452, part I, proposal for a regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms, and, part II, proposal for a regulation of the European Parliament and of the Council on prudential requirements for credit institutions and investment firms; and COM (2011) 453, proposal for a directive of the European Parliament and of the Council on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, and amending Directive 2002/87/EC of the European Parliament and of the Council on the supplementary supervision of credit institutions, insurance undertakings and investment firms in a financial conglomerate. Do members have any questions arising from any of the proposals? No. Is it agreed to scrutinise COM (2011) 121, COM (2011) 142, COM (2011) 452 and COM (2011) 453 at a later date? Agreed.

We now move onto the proposals in part 2 of the briefing, where no further action is proposed. The legislative measures are as follows: COM (2010) 168; COM (2010) 601; COM (2010) 691; COM (2010) 804; COM (2011) 34; COM (2011) 154; COM (2011) 169; COM (2011) 295; COM (2011) 510; COM (2010) 031; COM (2010) 172; COM (2010) 627; COM (2010) 778; COM (2010) 815; COM (2011) 59; COM (2011) 155; COM (2011) 219; COM (2011) 296; COM (2011) 374; COM (2011) 511; COM (2010) 032; COM (2010) 598; COM (2010) 628; COM (2010) 784; COM (2011) 8; COM (2011) 135; COM (2011) 158; COM (2011) 226; COM (2011) 372; COM (2011) 375; COM (2011) 512; COM (2010) 033; COM (2011) 182; COM (2011) 302; COM (2011) 312; COM (2011) 360; COM (2010) 034; COM (2010) 038; COM (2010) 041; COM (2010) 045; COM (2010) 158; COM (2010) 167; COM (2010 )035; COM (2010) 039; COM (2010) 042; COM (2010) 156; COM (2010) 161; COM (2010) 641; COM (2011) 188; COM (2010) 037; COM (2010) 040; COM (2010) 044; COM (2010) 157; COM (2010) 166; COM (2011) 134; and COM (2011) 235.

Do members have any questions arising from any of these proposals? No. Is it agreed that they do not require further scrutiny? Agreed.

We will suspend for a short period to allow the representatives from the Irish Bank Officials Association to enter the room.

Sitting suspended at 3.45 p.m. and resumed at 3.50 p.m.
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