Oireachtas Joint and Select Committees
Tuesday, 11 November 2014
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Irish Collective Asset-Management Vehicles Bill 2014: Committee Stage
3:45 pm
Simon Harris (Wicklow, Fine Gael) | Oireachtas source
A process is gone through before the bank revokes the authorisation, which ensures that the funds are returned to the appropriate investors in the fund before the authorisation is revoked. It is not a matter of striking off the ICAV and leaving investors in the fund to fend for themselves.
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