Oireachtas Joint and Select Committees

Wednesday, 22 May 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Strategy Statement 2011-2014 and IFSC Clearing House Group: Discussion with Department of the Taoiseach

3:20 pm

Mr. Martin Fraser:

Deputy Boyd Barrett may have been in the Dáil when I mentioned this earlier. We have a range of engagements with other groups as well. I remarked that I chair the National Economic and Social Council, which has many representatives, including representatives from the Irish National Organisation of the Unemployed, the Society of St. Vincent de Paul and the trade union movement. We try to have as many contacts with as many people as we can. I understand this particular group is controversial but, as I have said, it is long established. It is Government policy that this group helps to promote an important industry and I do that to the best of my ability. While cognisant of the concerns, I try to be as transparent as possible by publishing the minutes. I have ensured that the regulator is independent. As I have said, the Government's view is that this is an important industry and that this is how we would like to work to help it develop.