Oireachtas Joint and Select Committees

Wednesday, 9 October 2024

Select Committee on Jobs, Enterprise and Innovation

Companies (Corporate Governance, Enforcement and Regulatory Provisions) Bill 2024: Committee Stage

10:00 am

Photo of Dara CallearyDara Calleary (Mayo, Fianna Fail) | Oireachtas source

Absolutely, I am focused on the CEA's resources. Since legislation for the CEA was first proposed in 2018, its resources have been doubled. We also have good arrangements with An Garda Síochána for secondments. Budget 2024 gave a 14% increase on budget 2023 and budget 2025 will increase that again to €11.5 million. However, I will be straight. It is difficult for the CEA and the Competition and Consumer Protection Commission, CCPC, to get and retain staff in the current market. They are highly specialised and the organisations are so good to work for that their staff are in demand. We are constantly working with Mr. Ian Drennan and his team who do amazing work to make sure they have the staff and resources are not an issue.

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