Seán Sherlock (Cork East, Labour) | Oireachtas source

I wish to make a comment before the Senator makes a decision to withdraw or push his amendment. In section 6, "public interest entities" are defined as having the same meaning as in Regulation 3 of 2010, SI No. 220 of 2010, which states:

(a) companies or other bodies corporate governed by the law of a Member State whose transferable securities are admitted to trading on a regulated market of any Member State within the meaning of point 14 of Article 4(1) of Directive 2004/39/EC,
(b) credit institutions as defined in point 1 of Article 1 of Directive 2000/12/EC of the European Parliament and of the Council of 20 March 2000 relating to the taking up and pursuit of the business of credit institutions, and
(c) insurance undertakings within the meaning of Article 2(1) of Directive 91/674/EEC.

I hope my explanation proves helpful to the Senator.