Oireachtas Joint and Select Committees
Tuesday, 28 November 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Scrutiny of EU Legislative Proposals
7:15 pm
Ms Martina Kelly:
As I understand it, the vulture funds to which Mr. Gilvarry has referred are not Irish entities. If they were collective investment undertakings and they were established in Ireland, they would probably be regulated by the Central Bank under investment fund legislation, or their managers would have to be subject to our regulation. If they are outside Ireland and investing into Irish assets, they will not come under the scope of the legislative and regulator framework.
No comments