Departmental Reviews

Wednesday, 18 September 2024

Questions (196, 197)

John Paul Phelan

Question:

196. Deputy John Paul Phelan asked the Minister for Finance to provide an update on his Department’s review of the funds sector in Ireland. [36869/24]

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197. Deputy John Paul Phelan asked the Minister for Finance if, as part of the funds review, his Department will consider the establishment of saving and investment products aimed at encouraging retail funds to invest in Irish capital markets, including supporting the growth of indigenous enterprise. [36870/24]

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Written answers

Minister for Finance

I propose to take Questions Nos. 196 and 197 together.

A draft report was submitted to me for consideration in recent weeks and this is in line with the Review’s Terms of the Reference. The review was wide ranging and examined a range of issues relevant to the funds sector. As part of my consideration of the draft report, I will consider the exact timing of the publication of the Funds Review. No decision has been taken on that matter as of yet, but I expect to decide in the coming weeks.

Question No. 197 answered with Question No. 196.

Question No. 198 answered with Question No. 174.