Dáil debates

Tuesday, 15 June 2021

Ceisteanna Eile - Other Questions

Financial Services

8:55 pm

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I believe there are going to be further opportunities to grow the financial services sector here and to gain additional jobs. This is something the IDA is working very hard to deliver at the moment. To date we have been successful in attracting additional investment into our country as a result of the efforts of the IDA and the Department of Finance. The priorities I have at the moment are continued stability and safety, the protection of consumer rights with regard to financial services and ensuring the basic infrastructure of our financial services market continues to be secure with all of the change that is under way. We have done really good work on that to date and we will of course continue to look at other opportunities that are there. I point, for example, to some of the progress we have had with regard to rating agencies. We have seen Standard & Poor's and Kroll Bond Rating Agency locate their European head offices here in Dublin. We have done much but we do have more to do.

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