Marc MacSharry (Fianna Fail)

I propose to share my time. As we are all aware, corporate governance is very much a hot topic at present in light of events in this country concerning offshore accounts and various tribunals, and internationally with the Enron scandal and the trouble AIB had with its American subsidiary, Allfirst. How businesses are run is something in which community and investors alike are taking renewed interest. It is clear that the measures introduced in the Companies (Auditing and Accounting) Bill 2003 are firmly rooted in the public and political response which followed each of these events.