Home Knowledge Banking & Finance: Legislation Programme Summer 2016

Banking & Finance: Legislation Programme Summer 2016





Central Bank Consolidation Bill

To consolidate all of the collectively cited Central Bank Acts.

Work is underway

Financial Services and Pensions Ombudsman Bill

To amalgamate the Offices of the Pensions and Financial Services Ombudsman.

To be published as soon as possible

Investment Limited Partnership (Amendment) Bill

To amend certain existing collective investment scheme legislation, the Investment Limited Partnership Act 1994 and the Limited Partnership Act 1907.

Work is underway

Commissions of Investigation (IBRC) Bill


To address matters affecting the work of the IBRC Commission of Investigation.

Expected publication date: June/July 2016

Asian Infrastructure Investment Bank Bill

To allow for Ireland’s potential membership of the Asian Infrastructure Investment Bank (AIIB).

Work is progressing

Criminal Justice (Money Laundering & Terrorist Financing) (Amendment) Bill

To give effect to the 4th EU Money Laundering Directive.

Heads of bill expected end 2016

Single Resolution Board (Loan Facility Agreement) Bill 2016

To enable the state to enter into a loan facility agreement with the Single Resolution Board in order to provide it with bridge financing of an amount up to €1.815bn.

Committee Stage (Dáil)

Mortgages Special Court Bill / Courts (Mortgage Arrears) Bill

To establish a dedicated new court to sensitively and expeditiously handle mortgage arrears and other personal insolvency cases, by imposing solutions on the parties including those recommended by the new Insolvency Service. The hearings of this court could be held in private if requested by the debtor.

Currently under consideration