Oireachtas Joint and Select Committees

Wednesday, 14 December 2022

Joint Oireachtas Committee on Jobs, Enterprise and Innovation

General Scheme of the Co-operative Societies Bill 2022: Department of Enterprise, Trade and Employment

Mr. John Shine:

In general terms, at the moment, companies and industrial and provident societies are required to provide information on beneficial ownership, so there is actually a third office within this area. There is the CRO, the Registry of Friendly Societies and the register of beneficial ownership. The register of beneficial ownership has registration information on any company and any industrial and provident society and there is a requirement to file ownership details, so that is in place and that will continue into the future.