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
Dara Calleary (Mayo, Fianna Fail)
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The requirement applies to any company. Any company seeking to register with the registrar would have to provide documentation. The registrar will have the power and scope to seek further documentation, particularly with regard to registration address. I know where the Deputy is coming from. There are many virtual offices and workspaces now but the registrar is very well attuned to and acquainted with that, particularly in the context of the last number of years. We are trying to strike a balance. We want to have the regulation but we do not want it to be onerous, particularly for SMEs. That is a constant balancing act.