Progress of Scrutiny - European Union Committee Progress of Scrutiny Contents



SUB-COMMITTEE A

ECONOMIC AND FINANCIAL AFFAIRS, AND INTERNATIONAL TRADE

MEMBERSHIP: Chairman: Baroness Cohen of Pimlico

Lord Trimble

Co-opted Members: : Lord Browne of Madingley, Lord Haskins, Baroness Hooper, Lord Jordan, Lord Moser, Baroness Northover, Lord Renton of Mount Harry, Lord Steinberg, Lord Watson of Richmond, Lord Woolmer of Leeds

(FOR FURTHER INFORMATION PLEASE CONTACT THE CLERK, ROBERT WHITEWAY, 020 7219 3140)

I.  DOCUMENTS AWAITING CONSIDERATION BY THE SUB-COMMITTEE
*14606/08Recommendation for a Council Regulation amending Council Regulation (EC) 2533/98 of 23 November 1998 concerning the collection of statistical information by the European Central Bank (ONS)
Sifted 16 December 2008
*15659/08 + ADD 1 COM (08) 719 Sixth Report from the European Commission to the Council and the European Parliament on VAT collection and control procedures (HM Treasury)
Sifted 16 December 2008
*15733/08 + ADD 1,2 COM (08) 727 Proposal for a Council Directive amending Directive 2003/48/EC on taxation of savings income in the form of interest payments (HM Treasury)
Sifted 9 December 2008
*16097/08 COM (08) 800Communication from the Commission: European Economic Recovery Plan (HM Treasury)
Sifted 16 December 2008
*16548/08 COM (08) 803Proposal for a Council Regulation amending Regulation (EC) No 1083/2006 on the European Regional Development Fund, the European Social Fund and the Cohesion Fund concerning certain provisions relating to financial management (BERR)
Sifted 16 December 2008

II.  DOCUMENTS HELD UNDER SCRUTINY AWAITING THE OUTCOME OF CORRESPONDENCE WITH MINISTERS
11338/04 COM (04) 468 Amended proposal for a Council Directive amending Directive 77/388/EEC as regards value added tax on services provided in the postal sector (HM Treasury) (COM(04) 468)
Sifted 7 September 2004

Letters to the Government 20 Oct 04, 16 Nov 06 Letter to the Chairman 25 Oct 06

11067/05 + Add 1 COM (05) 261

11067/05 SEM + Add 1 COM (05) 261

Proposal for a Council Directive on Passenger Car Related Taxes;

Supplementary EM on European Community Legislation: Proposal for a Council Directive on passenger car related taxes (HM Treasury)

Sifted 11 October 2005 Supplementary EM Sifted 15 November 2005

Letters to the Government 26 Oct 05, 20 Dec 05, 15 Mar 06

Letters to the Chairman 8 Nov 05, 31 Jan 06, 30 Apr 07, 10 Dec 07 - Angela Eagle MP, Exchequer Secretary

5091/06 + Add 1 COM (05) 661 Proposal for a Council Regulation on the indication of the country of origin of certain products imported from third countries and Annex thereto (DTI, now BERR)
Sifted 7 February 2006

Letter to the Government 8 Mar 06

7512/07 + ADD 1, 2 COM (07) 52 Proposal for a Council Directive amending Directive 2003/96/EC as regards the adjustments of special tax arrangements for gas oil used as motor fuel for commercial purposes and the coordination of taxation of unleaded petrol and gas oil used as motor fuel (HM Treasury)
Sifted17 April 2007 Letters to the Government 2 May 07, 13 Jun 07 Letter to the Chairman 1 Jun 07
16209/07 16210/07 + ADD 1, 2 COM (07) 746 COM (07) 747

16209/1/07 16210/1/07 + Add 1 + Add 2 COM (07) 746 COM (07) 747

Proposal for a Council Directive amending Directive 2006/112/EC on the Common System of Value Added Tax, as regards the Treatment of Insurance and Financial Services; Proposal for a Council Regulation laying down implementing measures for Directive 2006/112/EC on the common system of Value Added Tax, as regards the treatment of Insurance and Financial Services; Commission staff working document - Impact assessment; Commission staff working document - Summary Impact assessment (HM Treasury)

Proposal for a Council Directive amending directive 2006/112/EC on the common system of Value Added Tax, as regards the treatment of insurance and financial services REV 1; implementing measures REV 1; Staff working document - Impact Assessment; Staff working document - Summary of Impact Assessment (HM Treasury)

Sifted 15 January 2008 REV 1 Sifted 22 April 2008 Letter to the Government 29 Apr 08 - Rt Hon Jane Kennedy MP, Financial Secretary, HM Treasury Request for details of negotiations as they progress
11300/08 11302/08 Council Decision on the existence of an excessive deficit in the United Kingdom; Council Recommendation with a view to bringing an end to the situation of an excessive government deficit in the United Kingdom (HM Treasury)
Sifted 7 October 2008 Letter to the Government 21 Oct 08 - Ian Pearson MP, Economic Secretary Letter to the Chairman 8 Dec 08 Request for information on impact of financial market intervention
14201/08 + ADD 1, 2 COM (08) 627 Proposal for a Directive on the European Parliament and of the Council of the take up, pursuit and prudential supervision of the Business of Electronic money institutions, amending Directives 2005/60/EC and 2006/48/EC and repealing Directive 2000/46/EC (HM Treasury)
Sifted 11 November 2008 Letters to the Government 18 Nov 08, 17 Dec 08 - Lord Myners, Financial Service Secretary Letter to the Chairman 2 Dec 08 awaiting receipt of further documents
†15105/08 COM (08) 717 Proposal for a Council Regulation amending Regulation (EC) No 332/2002 establishing a facility for providing medium-term financial assistance for Member States' Balances of Payments (HM Treasury)
Sifted 25 November 2008 Letter to the Government 10 Dec 08 - Ian Pearson MP, Economic Secretary - Override of Scrutiny Request for further information

III.  DOCUMENTS UNDER SCRUTINY:

In connection with the Sub-Committee's Report to be published 5 Dec 08 "Developments in EU Trade Policy" (35th Report, HL Paper 200)

  
13314/08 + ADD 1 - 13 13386/08 + ADD 1 - 13 COM (08) 562 COM (08) 565 Proposal for a Council decision on the signature and provisional application of the Interim Economic Partnership Agreement between the European Community and its Member States, on the one part, and the South African Development Community (SADC) EPA States, on the other part; Proposal for a Council decision concluding the Interim Economic Partnership Agreement between the European Community and its Member States, on the one part, and the SADC EPA States, on the other part (DFID)
Sifted 21 October 2008 Letter to the Government 29 Oct 08 - Gareth Thomas MP, Minister of State Request for updates on outcome of discussions in the Working Groups

In connection with the Sub-Committee's Inquiry into EU Financial Regulation
†14938/08 COM (08) 706 Communication from the Commission: From Financial Crisis to Recovery: a European Framework for Action (HM Treasury)
Sifted 25 November 2008 Letter to the Government 10 Dec 08 - Ian Pearson MP
*15661/08 + ADD 1, 2 COM (08) 704 Proposal for a Regulation of the European Parliament and of the Council on credit rating agencies; Commission staff working document - Summary of Impact Assessment ; Commission staff working document - Impact Assessment (HM Treasury)
Sifted 9 December 2008 Letter to the Government 17 Dec 08 - Lord Myners, Financial Services Secretary Request for update on negotiations and impact assessment when published

iv.  Documents cleared from scrutiny, awaiting outcome of Correspondence with Ministers
16361/07 COM (07) 776Proposal for a Regulation of the European Parliament and of the Council amending Council Regulation (EC) No 2223/96 on the European System of national and regional accounts in the Community as regards the implementing powers conferred on the Commission (ONS)
Sifted 22 January 2008 Letter to the Government 6 Feb 08 - Cleared from Scrutiny - Angela Eagle, Exchequer Secretary Request for further information on Regional Accounts
6615/08 COM (08) 78Commission proposal for a directive amending the arrangements for the holding, movement and monitoring of excise products (HM Treasury)
Sifted 11 March 2008 Letter to the Government 2 Apr 08, 11 Nov 08 - Scrutiny override- Rt Hon Stephen Timms MP, Financial Secretary Letter to the Chairman 30 Oct 08 Request for explanation of override
6859/08 + ADD 1 COM (08) 109 Communication from the Commission to the Council and European Parliament on measures to change the VAT system to fight fraud; Commission staff working document (HM Treasury)
Sifted 11 March 2008 Letter to the Chairman 1 Mar 08 Letter to the Government 2 Apr 08 - Cleared from Scrutiny - Rt Hon Jane Kennedy MP, Financial Secretary Request for further updates as more data becomes available
14317/08 COM (08) 661 Proposal for a Directive of the European Parliament and of the Council amending Directive 94/19/EC on deposit guarantee schemes as regards the coverage and the payout time of depositors (HM Treasury)
Sifted 11 November 2008 Letters to the Government 18 Nov 08 - Cleared from Scrutiny, 17 Dec 08 - Lord Myners, Financial Services Secretary Letter to the Chairman 24 Nov 08 Request for response to further queries including who currently employs the minimum deposit guarantee level
14949/08 COM (08) 716European Community Decision to provide financial assistance to Hungary (HM Treasury)
Sifted 11 November 2008 Considered at meeting 18 Nov 08 - Override of Scrutiny Letters to the Chairman 3 Nov 08, 14 Nov 08, 12 Dec 08 Letter to the Government 27 Nov 08 - Ian Pearson MP, Economic Secretary

v.  Reports awaiting Government Response
HM TreasuryDevelopments in EU Trade Policy (35th Report, Session 2007-08, HL Paper 200) Response due 5 February 2009
HM TreasuryEU Legislative Initiatives in Response to the Financial Turmoil (1st Report, Session 2008-09, HL Paper 3) Response due 15 February 2009 (to include response to question related to colleges of supervisors)



 
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