Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

I thank the Minister and his officials for their work on this legislation. It is good to see the Government paying due attention to the financial services sector and, within that, the Irish funds industry is an important part. As we know, investment in this area is highly mobile. Many of our competitor countries have been ahead of us in respect of this specific area and hopefully this will be a very useful tool in the armoury of the State as we seek to attract more investment in the area of funds and the wider financial services sector. Hopefully, it will ultimately boost employment and investment in the country.

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