Written answers
Thursday, 2 March 2017
Department of Finance
Legislative Process RIA
Niall Collins (Limerick County, Fianna Fail)
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56. To ask the Minister for Finance the legislative proposals published by his Department between 2011 to 2016 that underwent a regulatory impact assessment; the legislative proposals published by his Department that did not undergo a regulatory impact assessment; and if he will make a statement on the matter. [11152/17]
Michael Noonan (Limerick City, Fine Gael)
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The Department of Finance undertakes Regulatory Impact Analyses (RIAs) in accordance with the latest guidelines as published by the Department of the Taoiseach. A RIA is carried out where it is deemed necessary to do so in respect of a policy or programme that is being developed. There are cases where a RIA is not required. For example, a RIA is not required in the case of emergency legislation. Neither is a RIA required for the Finance Bill which is exempted from the requirement in the Cabinet Handbook.
In the period in question, 2011 to 2016, a total of 38 Bills have been published by me as Minister for Finance. They are as follows:
1. Bretton Woods Agreements (Amendments) Bill 2011
2. Finance Bill 2011
3. National Asset Management Agency (Amendment) Bill 2011
4. Central Bank and Credit Institutions (Resolution) Bill 2011
5. Finance (No. 2) Bill 2011
6. Ministers and Secretaries (Amendment) Bill 2011
7. Central Bank and Credit Institutions (Resolution) (No. 2) Bill 2011
8. Finance (No. 3) Bill 2011
9. Central Bank (Supervision and Enforcement) Bill 2011
10. Insurance (Amendment) Bill 2011
11. European Financial Stability Facility and Euro Area Loan Facility (Amendment) Bill 2011
12. Bretton Woods Agreements (Amendment) (No. 2) Bill 2011
13. Finance Bill 2012
14. Euro Area Loan Facility (Amendment) Bill 2012
15. European Stability Mechanism Bill 2012
16. Fiscal Responsibility Bill 2012
17. Betting (Amendment) Bill 2012
18. Credit Reporting Bill 2012
19. Credit Union and Co-operation with Overseas Regulators Bill 2012
20. Finance (Local Property Tax) Bill 2012
21. Euro Area Loan Facility (Amendment) Bill 2013
22. Irish Bank Resolution Corporation Bill 2013
23. Finance Bill 2013
24. Finance (Local Property Tax) (Amendment) Bill 2013
25. Betting (Amendment) Bill 2013
26. Finance (No. 2) Bill 2013
27. Central Bank Bill 2014
28. National Asset Management Agency (Amendment) Bill 2014
29. Strategic Banking Corporation of Ireland Bill 2014
30. Irish Collective Asset-management Vehicles Bill 2014
31. Finance Bill 2014
32. Central Bank (Amendment) Bill 2014
33. Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015
34. Finance (Tax Appeals) Bill 2015
35. Finance (Miscellaneous Provisions) Bill 2015
36. Finance Bill 2015
37. Finance (Certain European Union and Intergovernmental Obligations) Bill 2016
38. Finance Bill 2016
In respect of the above Bills, RIAs were completed for the seven following Bills:
1. Central Bank (Supervision and Enforcement) Bill 2011
2. Fiscal Responsibility Bill 2012in the form of a Screening Regulatory Impact Assessment.
3. Credit Reporting Bill 2012in the form of the Report of the Inter-Agency Working Group on Credit Histories.
4. Credit Union and Co-operation with Overseas Regulators Bill 2012
5. Strategic Banking Corporation of Ireland Bill 2014
6. Irish Collective Asset-Management Vehicles Bill 2014
7. Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015.
Niall Collins (Limerick County, Fianna Fail)
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57. To ask the Minister for Finance if regulatory impact assessments for legislative proposals published by his Department include impacts (details supplied); the impact categories not included; and if he will make a statement on the matter. [11167/17]
Michael Noonan (Limerick City, Fine Gael)
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The Regulatory Impact Analyses ("RIA") published by this Department are conducted in accordance with the latest guidelines as published by the Department of the Taoiseach. Impacts are considered as part of the RIA depending on the subject matter of the Bill and include, for example, national competitiveness, SMEs, socially excluded and vulnerable groups, poverty proofing, rural communities, the environment, whether there is a significant policy change in an economic market, including consumer and competition impacts, the rights of citizens, the compliance burden, industry costs, employment, quality regulation, North-South, East-West Relations and gender equality.
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