Traduction de «Group registered retirement savings plan » (Anglais → Français) :

- In Belgium (Walloon region) there are plans to try out savings-and-loan groups, "Groupes Épargne Crédit" (based on systems that already exist in other Member States, such as the "Credit Unions" in Ireland), whereby local members can better meet their financial needs by pooling their resources, while at the same time collectively sharing the risks and responsibilities.

Question No. 413 Mr. Hoang Mai: With regard to the Canada Revenue Agency’s (CRA) response to the provisions of the Internal Revenue Service (IRS) regarding the Foreign Account Tax Compliance Act (FATCA): (a) according to the government’s analysis, do the FATCA provisions comply with the provisions of the Convention Between Canada and the United States of America With Respect to Taxes on Income and on Capital and its amending Protocol (2007); (b) how many citizens from the United States of America will be affected by FATCA, (ii) are there specific Canadian exemptions to FATCA; (c) has Canada negotiated with United States Treasury offici ...[+++]als or the IRS following the announcement of FATCA provisions, (i) at what time was the government made aware of these provisions, (ii) how long did it take Canada to respond to the initial creation of FATCA and its implementation, (iii) are there ongoing negotiations in this regard; (d) will Canada inform dual citizens about FATCA and, if so, (i) how, (ii) at what time, (iii) what department or agencies will be responsible; (e) has the government conducted any studies or mandated a task force to look into how much FATCA will cost Canadians and, if so, what are the cost implications resulting from the additional regulations and demands, (i) for the government, (ii) for the CRA, (iii) for Canadian banks, (iv) who will absorb these costs, (v) are there other types of non-financial costs such as efficiency or fairness reductions; (f) which Canadian civil liberties associations or other types of association has the government met with to discuss the privacy implications of FATCA and what actions will the government undertake to protect the fundamental civil liberties of all Canadians in this regard; (g) according to the government’s analysis, do the FATCA provisions comply with the provisions of the Privacy Act or the Personal Information Protection and Electronic Documents Act, and if so, which department undertook this assesment; ...

European consumers will soon benefit from more choice when saving for retirement, thanks to Commission plans to create a new class of pension products.

The Plan is based on the new approach introduced by the Juncker Commission focusing efforts on the product groups with the highest potential in terms of energy and resource savings, further reinforcing the evidence base for regulatory action and expanding the focus of future eco-design measures beyond energy efficiency to possible circular product requirements such as durability, ...[+++] reparability, upgradeability, design for disassembly, information, and ease of reuse and recycling.

"Pension funds have a special responsibility in helping people save and plan for their retirement," said Jonathan Hill, European Commissioner for Financial Stability, Financial Services and Capital Markets Union".

The communication therefore underlines the need for early adoption of the Directive proposed in 1998 to ensure minimum effective taxation of cross-border savings income.The Commission will keep up its efforts to eliminate tax barriers impeding the smooth operation of the single market in financial services, and it plans to table proposals on pension funds and insurance, with the support of the Taxation Policy Group.