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
Mr. John Hogan:
In regard to section 110 instruments, SPEs or securitisation vehicles, the nature of these particular instruments is that they offer an alternative financing mechanism. It is one which at a European level has been encouraged through the capital markets union programme of work and Ireland’s role in this is an important one in the overall scheme of things.
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