Oireachtas Joint and Select Committees

Wednesday, 2 December 2020

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

Investment Limited Partnerships (Amendment) Bill 2020 [Seanad]: Committee Stage

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

It will be in the register of beneficial ownership, which will be maintained by the Central Bank. It will not be in the annual return. To get approval for a fund, the general partner has to lodge this information, and any amendment thereto thereafter, with the Central Bank. There is a register of beneficial ownership, which is separate from the annual return. That is where the names of all beneficial owners of the fund is made known. This can be accessed through the Central Bank. It is like a planning register. One can find out the name of those involved. That is a publicly available document.

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