Kathleen Lynch (Cork North Central, Labour)
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Question 50: To ask the Tánaiste and Minister for Enterprise, Trade and Employment the progress made with regard to preparation of the promised legislation to ban cross-directorships and to prevent chief executives from becoming chairman of their companies; when she expects that legislation will be published; and if she will make a statement on the matter. [41063/09]

Mary Coughlan (Donegal South West, Fianna Fail)
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On foot of the commitment in the Renewed Programme for Government of October 2009, the Government will consider the optimum legislative mechanisms to regulate in these areas in the light of the Financial Reporting Council reviews of the Combined Code of Corporate Governance and taking into account the views of the Company Law Review Group in the matter.