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Bill No. 115
Various Financial Services Laws (Amendment) Bill Back to List

Eleventh Legislature (2008 - 2013)

Debated in 1st Reading 2nd Reading Committee Recommittal 3rd Reading
Sitting No. 490  -  18 Jun 2012
Plenary Session
⦿

Objects and Reasons

The object of this Bill is to transpose the provisions of Directive 2010/78/EU of the European Parliament and of the Council of 24 November 2010 amending Directives 98/26/EC, 2002/87/EC, 2003/6/EC, 2003/41/EC, 2003/71/EC, 2004/39/EC, 2004/109/EC, 2005/60/EC, 2006/48/EC, 2006/49/EC and 2009/65/EC in respect of the powers of the European Supervisory Authority (European Banking Authority), the European Supervisory Authority (European Insurance and Occupational Pensions Authority) and the European Supervisory Authority (European Securities and Markets Authority), to amend the Companies Act, mainly to further regulate the office of the Official Receiver, and to amend the Trusts and Trustees Act to introduce for the first time the concept of "Family Trusts".

Motion No. 310 - Various Laws (Financial Services) (Amendment) Bill

 

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