Oireachtas Joint and Select Committees
Thursday, 4 May 2017
Seanad Committee on the Withdrawal of the United Kingdom from the European Union
Engagement with Industry Representatives
1:00 pm
Mark Daly (Fianna Fail) | Oireachtas source
The proposal by the British-Irish Chamber of Commerce is an excellent one. I am surprised that it was not approached already. It should be one of the key recommendations of our report.
On the insurance industry and the idea of grandfathering and joint corridors and so on, again it is very credible. We had the Central Bank in here in an earlier session, and one of the issues that I raised is that it has changed its rules and is not in the business of promoting Ireland as a location. It simply sees itself as a regulatory body. Do central banks in other European countries promote themselves? Are their regulatory systems promoting their countries as locations for the insurance industry in a way that we are no longer doing?
With regards the contribution from the Alcohol Beverage Federation of Ireland, I am not quite sure how the public health (alcohol) Bill is related to Brexit. Can the witness please outline how that relates? We have had much debate here on that matter.
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