Oireachtas Joint and Select Committees

Tuesday, 23 September 2025

Committee on Budgetary Oversight

Pre-Budget Engagement (Resumed)

2:00 am

Photo of Cormac DevlinCormac Devlin (Dún Laoghaire, Fianna Fail)

Some would argue that the regulatory regime is more favourable if they can attract that kind of financing versus going through traditional banks or a lender, as it were. That two-way agreement of financing projects, which Dr. Kelly said is for construction mainly, is somewhat easier. Of course, while the risk is borne by the individual entity that is lending the money, the other factor is that one has no say or control because there is no real regulatory requirement around that. It is almost a two-way street between the company and the entity that is getting the investment. Am I right?

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