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Written Answers — Department of Enterprise, Trade and Employment: Brexit Issues (10 Feb 2022)

Robert Troy: ...the COVID-19 pandemic. My Department continues to monitor the performance of the import and export sectors as the outlook for exports to the UK, EU27 and rest of the world is being impacted by both Brexit and the ongoing COVID-19 pandemic. The long-term response to Brexit is for companies across all sectors to become more competitive, more innovative and to diversify their export...

Competition (Amendment) Bill 2022: Second Stage (9 Feb 2022)

Robert Troy: ...and undermine the dynamic nature of our economy. This is why I am particularly determined to introduce this Bill to the House for Members' consideration. I hope that this legislation will go a long way in deliberately disrupting firms and companies that do not play fair, try to drive out competition and seek to rig the system to increase profits in an unfair manner. The purpose of...

Seanad: Personal Injuries Assessment Board (Amendment) Bill 2022: Second Stage (9 Feb 2022)

Robert Troy: ...speakers have pointed to the importance of businesses, consumers and community and voluntary groups being able to get insurance at a reasonable price. I wholeheartedly agree with them. For too long, the cost and availability of insurance has had a negative impact on our economy and society, particularly for SMEs in rural Ireland. While I would wish for it to be simple and quick to fix,...

Written Answers — Department of Enterprise, Trade and Employment: Company Registration (19 Jan 2022)

Robert Troy: In recognition of the burdens on small business, company law was amended in 1999 to provide audit exemption for those companies who meet their filing obligations. These long-standing provisions have been, and continue to be, of significant benefit to compliant companies. There is a considerable incentive on companies and their advisers to ensure timely filing of annual returns, thereby...

Written Answers — Department of Enterprise, Trade and Employment: Export Controls (19 Jan 2022)

Robert Troy: ...following countries: Belarus, Russia, Zimbabwe, Libya, South Korea, United States, Syria, Myanmar, Yemen, Brazil, Pakistan, Sudan, Singapore, Zambia, Brazil, United Arab Emirates, Turkey & Canada. After investigation, all shipments were released. It is the long-standing policy of the Department not to release exporters’ details in order to respect exporters' commercial...

European Council Meeting: Statements (14 Dec 2021)

Robert Troy: ...and small businesses. Here in Ireland, our focus has been on investment in energy efficiency and in renewables supported by competitive markets and enhancing electricity interconnection for the long term. With the support of the Commission’s toolbox, Ireland allocates significant funding to targeted welfare support measures for energy costs and has added to them in budget 2022,...

Seanad: Companies (Corporate Enforcement Authority) Bill 2021: Second Stage (9 Dec 2021)

Robert Troy: ...with responsibility for trade promotion, digital and company regulation, I am pleased to introduce the Companies (Corporate Enforcement Authority) Bill 2021 for the consideration of the Seanad. A long version of my speech has been circulated which includes details of the provisions in the Bill. I have also made a briefing available to Senators. The primary objective of the Bill is to...

Seanad: Companies (Corporate Enforcement Authority) Bill 2021: Second Stage (9 Dec 2021)

Robert Troy: ...three Senators who turned up this evening and contributed to the debate. With the support of Members, I look forward to ensuring this important legislation can go through its final Stages next week and that, after a long time promising, we can have an independent corporate enforcement body established that will be well resourced and that can tackle white-collar crime without fear and with...

Written Answers — Department of Enterprise, Trade and Employment: Enterprise Support Services (9 Dec 2021)

Robert Troy: ...for Women in Business, recognising that increasing the number of women in middle and senior management, as well as on boards, leads to more successful, sustainable, and profitable businesses. This is a long-term strategy requiring systemic change across the enterprise base. The Level Project includes a suite of actions Enterprise Ireland is undertaking to influence and support change in...

Written Answers — Department of Enterprise, Trade and Employment: Trade Promotion (9 Dec 2021)

Robert Troy: The success of Irish products both at home and in export markets is crucial to the long-term growth of Irish businesses and the Irish economy. Enterprise Ireland, the agency of my Department which is responsible for the development and growth of Irish enterprises in world markets, works in partnership with Irish enterprises to help them start, grow, innovate and win export sales in global...

Written Answers — Department of Enterprise, Trade and Employment: Brexit Issues (9 Dec 2021)

Robert Troy: ...monitor the performance of the import and export sectors as the outlook for exports to the UK, Eurozone and rest of the world is being impacted by both Brexit and the ongoing COVID-19 pandemic. The long-term response to Brexit is for companies across all sectors to become more competitive, more innovative and to diversify their export footprint into more international markets.

Saincheisteanna Tráthúla - Topical Issue Debate: Energy Prices (17 Nov 2021)

Robert Troy: ...1999 and subsequent legislation. The CRU, the independent energy regulator, has a wide range of economic, customer protection and safety responsibilities in both energy and water. In line with long-standing policy on deregulating price setting, the CRU ended its regulation of retail prices in the electricity market in 2011 and in the gas market in 2014. Given that prices are no longer...

Partnership and Cooperation Agreement between the European Union and the Republic of Singapore: Motion (19 Oct 2021)

Robert Troy: ...presence in the Asia Pacific region is a key strategic goal for the Government, as outlined in Ireland's dedicated Asia Pacific strategy to 2025. EU-Singapore relations go back several decades and are built on a long history of friendship and close historical, political and economic ties. This partnership and co-operation agreement, PCA, will strengthen the EU's partnership with...

Select Committee on Jobs, Enterprise and Innovation: Companies (Corporate Enforcement Authority) Bill 2021: Committee Stage (19 Oct 2021)

Robert Troy: .... It is not unusual in such a senior position that a preferred candidate may have to give up to three months’ notice to transfer from his or her current employer. Given that notice period, along with the period to run a successful competition through the PAS, which takes time, we felt at six months was a fair timeframe to put in place. The Deputy can be assured that my...

Companies (Corporate Enforcement Authority) Bill 2021: Second Stage (16 Sep 2021)

Robert Troy: ...and to working with Members of the Houses of the Oireachtas to enact this important legislation. I think we can all agree that this is a worthwhile project that has been in the pipeline for too long. I want to see the new authority established at the earliest opportunity and to work on supporting it as it continues the important work the Office of the Director of Corporate Enforcement...

Seanad: Companies (Rescue Process for Small and Micro Companies) Bill 2021: Second Stage (12 Jul 2021)

Robert Troy: ...when I was appointed Minister of State. That is also the reason it was a priority in the programme for Government. Some have asked why it did not come in years ago and why it has taken so long, while others have asked why it is being rushed. The Company Law Review Group initially examined the matter. That body has the necessary expertise from a legal perspective in insolvency and...

Companies (Rescue Process for Small and Micro Companies) Bill 2021: Committee and Remaining Stages (7 Jul 2021)

Robert Troy: ...a very good model for companies that need to restructure. The problem with examinership is that the cost can be prohibitive for many small companies. This has been called for over a period of years, long before Covid-19 hit our shores. It is right and proper that we get it done before the summer recess. I would make the point to Deputy Ó Ríordáin that I will not be...

Post Office Network: Motion [Private Members] (7 Jul 2021)

Robert Troy: ...network can emerge as a central hub for a wide variety of valuable community focused services. We want a sustainable post office network that is available to urban and rural citizens in the medium and long term. The Government continues to provide significant business to An Post through the Department of Social Protection and I will use this opportunity to call on the Department to...

Seanad: Sale of Tickets (Cultural, Entertainment, Recreational and Sporting Events) Bill 2021: Second Stage (5 Jul 2021)

Robert Troy: ...for tickets for live events. We want to prevent fans from being taken advantage of due to the limit on attendance in the interests of public health. Of course, the benefits of this legislation will long outlive the public health measures in place to stem Covid-19. We have heard all too often of the experiences of genuine fans waiting patiently to buy tickets only to miss out and to see...

Seanad: Sale of Tickets (Cultural, Entertainment, Recreational and Sporting Events) Bill 2021: Second Stage (5 Jul 2021)

Robert Troy: ...unanimity in the Seanad. It is perhaps regrettable that despite the fact that Private Members' Bills were introduced three or four years ago by Opposition Deputies in the Dáil, it has taken so long to have this legislation introduced. There are two aspects to that. There are always competing demands in any Department in terms of drafting legislation. One then has to go through...

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