Dáil Éireann Debate, Thursday - 25 June 2026
71. Deputy Pearse Doherty asked the Tánaiste and Minister for Finance if he will design and set up a dormant funds scheme for dormant investment funds in the State which currently hold €102 million and not leave the assessment of the feasibility and design to the funds industry; and if he will make a statement on the matter. [48250/26]
View answerThe “Funds Sector 2030: A Framework for Open, Resilient and Developing Markets”, published in October 2024, recommended that industry consider the feasibility and design of a scheme for existing and future dormant funds and funds with uncontactable investors.
The 2025 Programme for Government committed to progress and publish an implementation plan taking into consideration the Funds Review recommendations and this was published in October 2025.
The implementation plan outlined that industry should consider how best to approach this from a legal perspective to support investors tracing unclaimed monies and identifying how investor claims might be handled. Any feasibility study prepared by industry will be carefully assessed by relevant officials in Government and in the Central Bank of Ireland. The drafting of any legislation required will solely be a matter for Government.
