Oireachtas Joint and Select Committees

Thursday, 22 February 2018

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)

9:30 am

Photo of Michael D'ArcyMichael D'Arcy (Wexford, Fine Gael) | Oireachtas source

The Minister, Deputy Donohoe, will address the matter of the market but I have one point before that. I have a concern that one third of the financial services sector is unregulated. Trillions of euro of products and services are traded worldwide, unregulated. We - regulators and legislatures - are catching up with financial services. Crypto-currencies are the best example of that. It is a space that is not that simple to regulate.

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