{"id":"dossiers/PL8289","title":"PL8289 — Titres de créances","type":"dossier","html":"<p>Bill 8289 (\"Titres de créances\"). The Chamber debated and voted it on 14 December 2023.</p>\n<p>Sittings: <a href=\"/lhoft?page=seances%2F2023-12-14-n006\" class=\"wikiLink\" data-target=\"seances/2023-12-14-n006\">Sitting of 14 December 2023</a></p>\n<h2>Debate</h2>\n<h3>14 December 2023 — <a href=\"/lhoft?page=topics%2Ffinancial-centre\" class=\"wikiLink\" data-target=\"topics/financial-centre\">The financial centre and financial regulation</a></h3>\n<p>The Chamber debated and adopted bill 8289, which places the European Commission's issuance of debt securities under Luxembourg law by suspending the civil-code rule on confusion, with a dispensation from the second constitutional vote.</p>\n<p>Diane Adehm (CSV), stating as rapporteur what the bill does for the financial centre:</p>\n<blockquote>\n<p>Lëtzebuerg als Finanzplaz an als Sëtz vun den europäeschen Institutioune gëtt domadder gestäerkt.</p>\n</blockquote>\n<p><em>Luxembourg as a financial centre and as a seat of the European institutions is strengthened by this.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2023-12-14-n006\" class=\"wikiLink\" data-target=\"seances/2023-12-14-n006\">Sitting of 14 December 2023</a>, <a href=\"/lhoft?page=deputies%2Fdiane-adehm\" class=\"wikiLink\" data-target=\"deputies/diane-adehm\">Diane Adehm</a>, CSV</p>\n<p>André Bauler (DP), arguing that settling the securities under Luxembourg law raises the standing of the financial centre:</p>\n<blockquote>\n<p>Andeems dës Titres de créance iwwer Lëtzebuerger Recht ofgewéckelt ginn, gewënnt natierlech och ons Finanzplaz u Stellewäert.</p>\n</blockquote>\n<p><em>Because these debt securities are handled under Luxembourg law, our financial centre of course also gains in standing.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2023-12-14-n006\" class=\"wikiLink\" data-target=\"seances/2023-12-14-n006\">Sitting of 14 December 2023</a>, <a href=\"/lhoft?page=deputies%2Fandre-bauler\" class=\"wikiLink\" data-target=\"deputies/andre-bauler\">André Bauler</a>, DP</p>\n<p>Fred Keup (ADR), explaining his party's abstention as a balance between opposing European debt and defending the financial centre:</p>\n<blockquote>\n<p>An als ADR si mer ëmmer do, fir eis Finanzplaz ze verteidegen. An dofir wäerte mer eis hei am Endeffekt enthalen.</p>\n</blockquote>\n<p><em>And as the ADR we are always there to defend our financial centre. And that is why we will in the end abstain here.</em></p>\n<p><a href=\"/lhoft?page=seances%2F2023-12-14-n006\" class=\"wikiLink\" data-target=\"seances/2023-12-14-n006\">Sitting of 14 December 2023</a>, <a href=\"/lhoft?page=deputies%2Ffred-keup\" class=\"wikiLink\" data-target=\"deputies/fred-keup\">Fred Keup</a>, ADR</p>\n<h2>Votes</h2>\n<h3>Main vote: PL 8289 - Titres de créances</h3>\n<p>14 December 2023 — Premier vote constitutionnel.</p>\n<table><thead><tr><th>Party</th><th style=\"text-align: right;\">For</th><th style=\"text-align: right;\">Against</th><th style=\"text-align: right;\">Abstain</th></tr></thead><tbody><tr><td><a href=\"/lhoft?page=parties%2Fcsv\" class=\"wikiLink\" data-target=\"parties/csv\">CSV</a></td><td style=\"text-align: right;\">21</td><td style=\"text-align: right;\">0</td><td style=\"text-align: right;\">0</td></tr><tr><td><a href=\"/lhoft?page=parties%2Fdp\" class=\"wikiLink\" data-target=\"parties/dp\">DP</a></td><td style=\"text-align: right;\">14</td><td style=\"text-align: right;\">0</td><td style=\"text-align: right;\">0</td></tr><tr><td><a href=\"/lhoft?page=parties%2Flsap\" class=\"wikiLink\" data-target=\"parties/lsap\">LSAP</a></td><td style=\"text-align: right;\">11</td><td style=\"text-align: right;\">0</td><td style=\"text-align: right;\">0</td></tr><tr><td><a href=\"/lhoft?page=parties%2Fadr\" class=\"wikiLink\" data-target=\"parties/adr\">ADR</a></td><td style=\"text-align: right;\">0</td><td style=\"text-align: right;\">0</td><td style=\"text-align: right;\">5</td></tr><tr><td><a href=\"/lhoft?page=parties%2Fdei-greng\" class=\"wikiLink\" data-target=\"parties/dei-greng\">déi gréng</a></td><td style=\"text-align: right;\">4</td><td style=\"text-align: right;\">0</td><td style=\"text-align: right;\">0</td></tr><tr><td><a href=\"/lhoft?page=parties%2Fpiraten\" class=\"wikiLink\" data-target=\"parties/piraten\">Piraten</a></td><td style=\"text-align: right;\">3</td><td style=\"text-align: right;\">0</td><td style=\"text-align: right;\">0</td></tr><tr><td><a href=\"/lhoft?page=parties%2Fdei-lenk\" class=\"wikiLink\" data-target=\"parties/dei-lenk\">déi Lénk</a></td><td style=\"text-align: right;\">2</td><td style=\"text-align: right;\">0</td><td style=\"text-align: right;\">0</td></tr><tr><td><strong>Total</strong></td><td style=\"text-align: right;\"><strong>55</strong></td><td style=\"text-align: right;\"><strong>0</strong></td><td style=\"text-align: right;\"><strong>5</strong></td></tr></tbody></table>\n<p>No deputy voted against the majority of their party in this vote.</p>"}