Oireachtas Joint and Select Committees
Thursday, 5 May 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
9:30 am
Catherine Murphy (Kildare North, Social Democrats) | Oireachtas source
The section 110 special purpose vehicles, SPVs, have come very much into focus. With the war in Ukraine, we know that very large volumes of money flow, pretty much, through the International Financial Services Centre, IFSC in Dublin. This is largely unregulated activity. The Central Bank has oversight and has identified sanctioned entities. Has this action made it to the risks register in the Department and has the Department identified this as something about which it has a concern?
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