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Enacted Seanad
No. 106 of 2021

Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021

Public bill · Government · Presented

Ireland would approve updates to two EU financial safety nets: the European Stability Mechanism, which can help countries in financial trouble, and the Single Resolution Fund, which helps deal with failing banks. It also makes small legal changes so Irish law matches the new agreements and so the shared bank rescue fund can be used earlier than planned. The main point is to strengthen the euro area’s crisis tools and keep Ireland’s law aligned with those changes.

Formal long title

Bill entitled an Act to provide for the approval of the terms of the Agreement amending the Treaty establishing the European Stability Mechanism done at Brussels on 27 January 2021 and on 8 February 2021 between the Euro Area Member States of the European Union; to provide for the approval of the terms of the Agreement amending the Agreement on the Transfer and Mutualisation of Contributions to the Single Resolution Fund done at Brussels on 27 January 2021 and on 8 February 2021; to amend the European Stability Mechanism Act 2012, the European Stability Mechanism (Amendment) Act 2014 and the Finance (Miscellaneous Provisions) Act 2015; and to provide for related matters.

Last updated 11 September 2024

Sponsor
  • Minister for Finance Primary
Progress
  • First Stage
    Seanad
  • Second Stage
    Seanad
  • Committee Stage
    Seanad
  • Report Stage
    Seanad
  • Fifth Stage
    Seanad
  • Second Stage
    Dáil
  • Committee Stage
    Dáil
  • Report Stage
    Dáil
  • Fifth Stage
    Dáil Enacted
  • Enacted
    Enacted
Debates
  • Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021 [Seanad]: Report and Final Stages
    Dáil
  • Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Committee Stage
    Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
  • Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021 [Seanad]: Second Stage
    Dáil
  • Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021 [Seanad]: Referral to Select Committee
    Dáil
  • Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Report and Final Stages
    Seanad
  • Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Committee Stage
    Seanad
  • Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Order for Second Stage
    Seanad
  • Finance (European Stability Mechanism and Single Resolution Fund) Bill 2021: Second Stage
    Seanad

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