Niamh Smyth (Cavan-Monaghan, Fianna Fail) | Oireachtas source

I would be supportive of that. As the Deputy will be aware, I have said publicly and within the Department that I would like to see that happening. The Taoiseach is keen to see Ministers coming forward with ideas, proposals and suggestions. I am working on that. I have not presented that idea to the Taoiseach yet but I will do so.

The Deputy is absolutely right. It is critically important because it gives us a platform to show we can be a European leader, if not a global leader, in terms of having certainty for companies that we do business with a rules-based approach, that we have that regulatory piece in hand and that we have enforcement in hand. It would showcase Ireland as being a good place to encourage other companies, more businesses and more jobs to develop here in Ireland.