{"value":{"id":525190,"memberId":4536,"member":null,"memberRole":"The Commercial Secretary to the Treasury","uin":"HLWS46","dateMade":"2016-06-15T00:00:00","answeringBodyId":14,"answeringBodyName":"HM Treasury","title":"ECOFIN: 25 May 2016","text":"<p>My honorable friend the Financial Secretary to the Treasury (David Gauke) has today made the following Written Ministerial Statement.</p><p> </p><p>A meeting of the Economic and Financial Affairs Council was held in Brussels on 25 May 2016. EU Finance Ministers discussed the following items:</p><p><strong>Anti-Tax Avoidance Package </strong></p><p>Ministers held an exchange of views on a compromise text relating to the Anti-Tax Avoidance Directive. Ministers agreed that this file would return to ECOFIN in June for further discussion and possible agreement.</p><p> </p><p><strong>Current Legislative Proposals</strong></p><p>The Presidency updated the Council on the state of play of financial services dossiers.</p><p> </p><p><strong>State of play of the Banking Union</strong></p><p>The Commission gave an update on several dossiers linked to the Banking Union: the Single Resolution Fund, the Bank Recovery and Resolution Directive and the Deposit Guarantee Scheme Directive.</p><p> </p><p><strong>VAT Action Plan</strong></p><p>The Council held an exchange of views and agreed Council conclusions relating to the Commission’s VAT Action Plan, published 7 April, and a European Court of Auditors Special report.</p><p> </p><p><strong>European Semester </strong></p><p>Following preparation by the Economic and Financial Committee, the Council adopted conclusions on the 2016 In-Depth Reviews of macroeconomic imbalances and the implementation of the 2015 Country Specific Recommendations.</p>","house":"Lords","noticeNumber":0,"hasAttachments":false,"hasLinkedStatements":true,"linkedStatements":[{"linkedStatementId":525186,"linkType":"JointStatement","linkDate":"2016-06-15T00:00:00"}],"attachments":[]},"links":[{"rel":"self","href":"/Statements/525190","method":"GET"}]}