Dáil debates
Wednesday, 10 May 2006
Third Annual Report of the European Union (Scrutiny) Act 2002: Statements.
5:00 pm
John Deasy (Waterford, Fine Gael)
——can the European Broadcasting Union, or whoever oversees such matters, do anything about this? I do not expect an answer right now.
We also received some questions relating to subsidiarity. For example: Banking requirements for the general public and business are the same Europe-wide, in particular in the eurozone; the war against money laundering is also the same, however, banks do not operate across borders, mainly due to individual member states' financial regulations, so why is there not an EU financial regulation system in place, as opposed to individual member states' implementing their own systems?
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