Oireachtas Joint and Select Committees

Wednesday, 11 June 2025

Joint Oireachtas Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach

Israeli Bond Programme: Central Bank of Ireland

2:00 am

Photo of Alice-Mary HigginsAlice-Mary Higgins (Independent) | Oireachtas source

I wish to refer to what Deputy Cian O'Callaghan brought forward. The preamble of the prospectus regulation clearly states: "This Regulation respects the fundamental rights and observes the principles recognised in particular by the Charter of Fundamental Rights". The Charter of Fundamental Rights of the European Union includes the line "the indivisible, universal values of human dignity, freedom, equality and solidarity; it is based on the principles of democracy and the rule of law." In the answer given at the time, you said that is fine but Article 6 is really focused on the financial aspect. Is it not the case that the preamble is in the prospectus regulation for a reason? Very specifically, is it the understanding that the rule of law includes the International Court of Justice?

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