Oireachtas Joint and Select Committees
Tuesday, 25 June 2013
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Budget 2014 Proposals: Discussion with IBEC
3:30 pm
Ms Reetta Suonperä:
We are well aware of the problems it will cause businesses. At this stage we are communicating with our banking sector members, the Central Bank and the members affected by the changes. We are trying to work towards a solution on it. It is a European regulation coming down the tracks and, unfortunately, there will not be a B2B scheme in place by 1 February next year no matter what, so at this point it is a case of trying to work with the concerned parties to try to find a solution. It is something of which we are well aware.
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