Seanad debates
Wednesday, 30 November 2022
Nithe i dtosach suíonna - Commencement Matters
EU Directives
10:30 am
Paul Gavan (Sinn Fein) | Oireachtas source
The Acting Chairperson is kind. It appears to me that the due diligence obligations will only apply to financial players before they provide a service, for example, insurance. Investments will not be covered and EU countries can exempt pension funds. This is glaringly a missed opportunity to strengthen the directive. Perhaps the Minister of State will comment on this point.
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