Phil Hogan (Carlow-Kilkenny, Fine Gael)

The Minister will agree that customers and pension fund investors are potentially the big losers if anything goes wrong in the regulation of the Stock Exchange. Is there a role for the National Consumer Agency in examining this matter given that we must be certain that pension funds are invested legally and transparently and that they are accountable? Reservations expressed by Ms Justice Laffoy in her judgment raise doubts about that. We want to clear up this matter once and for all. Will the Minister agree not only to refer the matter to the company law review group, with which I agree, but also to the Director of Corporate Enforcement and the National Consumer Agency, the chairperson of which might have expertise in this area?

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