Paul Murphy (Dublin South West, Solidarity) | Oireachtas source

The EU regulations set a minimum threshold of €1 million and no country can legislate for a prospectus requirement for companies below that figure, while the maximum is €8 million. We had €5 million and it is now proposed to increase it to the maximum. The British Government changed it to the maximum of €8 million in July last year. Was that a factor in the thinking of the Department?