Oireachtas Joint and Select Committees

Thursday, 27 October 2016

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

Business of Joint Committee

9:30 am

Photo of Gerry HorkanGerry Horkan (Fianna Fail)
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Before proceeding with the scrutiny of proposed domestic legislation, I refer to the EU scrutiny decisions of the committee on EU proposals for noting on the public record. The committee agrees that EU proposal COM (2016) 597 warrants further scrutiny.

Scrutiny of the general scheme of the Financial Services and Pensions Ombudsman Bill 2016 and the Central Bank and Financial Services Authority of Ireland (amendment) Bill 2014, Private Members' business, shall conclude at 11.30 a.m. The general scheme of the financial services and pensions ombudsman Bill 2016 is proposed Government legislation in the name of the Minister for Finance. The Central Bank and Financial Services Authority of Ireland (amendment) Bill 2014 is a Private Members' Bill in the name of Deputy Pearse Doherty. The committee agreed this joint approach to the scrutiny of both proposals for legislation in view of the subject matter and synergies between Bills. In our first session, we will hear from the Minister for Finance on the general scheme of his proposed legislation and from Deputy Pearse Doherty on his Bill. In our second session, the committee will hear from representatives of the Financial Services Ombudsman's Bureau and representatives of the Free Legal Advice Centres, or FLAC.

It was agreed that the remaining EU proposals considered today do not warrant further scrutiny. Details of all EU proposals considered today and decisions made on them will be published on the committee's website.