European Union Committee

Economic and Financial Affairs, and International Trade
(Sub-Committee A)

Following the Dissolution of Parliament on 12 April, all select committees have ceased to exist unless or until the House reappoints them following the election on 6 May.  There are no chairmen or members of committees. The information on these pages refers to committees and their work before Parliament was dissolved. If there are committee Reports to which Government Responses are outstanding, these may be responded to in the next Parliament.




The EU Economic and Financial Affairs, and International Trade Sub-Committee, chaired by Baroness Cohen of Pimlico, is one of the seven sub-committees of the House of Lords European Union Select Committee .

The primary purpose of the Select Committee and its Sub-Committees is to scrutinise EU law in draft before it is agreed in the EU, to expose difficulties and propose improvements. This is carried out by each Sub-Committee through Correspondence with Ministers , evidence sessions with Ministers or officials and inquiries .

The Sub-Committee conducts inquiries based either on the scrutiny of EU documents (documents currently being scrutinised are listed in the Progress of Scrutiny ) or on issues concerning economic and financial affairs within the European Union and international trade with the rest of the world, as chosen by the Sub-Committee. It invites written and oral evidence from government departments, EU institutions and other interested bodies and individuals, in order to consider a wide range of points of view before reaching conclusions. Reports range from major reviews of significant policy issues to shorter analyses of specific legislative or policy proposals.

About the Committee | Uncorrected Oral Evidence | Corrected Oral Evidence | Written Evidence




Latest News

The future regulation of derivatives markets: is the EU on the right track?

The Sub-Committee published its report The future regulation of derivatives markets: is the EU on the right track? (HL 93) on Wednesday 31 March 2010.

Press Notice: Lords EU Committee give cautious welcome to EU Derivatives regulation efforts but suggest areas for improvement

Report on Directive on Alternative Investment Fund Managers

The Sub-Committee published its report on the Directive on  Alternative Investment Fund Managers (HL 48) on Wednesday 10 February 2010. Please click here for the press release.

Recent Inquiries

The future regulation of derivatives markets: is the EU on the right track?
Tenth Report, published 31 March 2010

Directive on Alternative Investment Fund Managers
Third Report, published 10 February 2010

The EC Budget 2010
Twentieth report, published 30 July 2009

The future of EU financial regulation and supervision
Fourteenth report, 17 June 2009

EU Legislative Initiatives in response to the Financial Turmoil
First report, published 15 December 2008

Developments in EU Trade Policy
Thirty-fifth report, published 5 December 2008

The Future of EU Regional Policy
Nineteenth report, published 16 July 2008

The 2009 EC Budget
Eighteenth report, published 15 July 2008

The euro
Thirteenth report, published 1 May 2008




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