Seanad debates

Wednesday, 28 May 2003

Companies (Auditing and Accounting) Bill 2003: Committee Stage (Resumed).

 

Does the Minister of State have any comment to make on what seems to be a growing body of opinion among those in corporate Ireland and the accountancy profession that there may be an inference, if nothing stronger, that the increasing regulatory regime in recent years could adversely impact on our competitiveness in terms of attracting overseas industries, which, considering the current economic environment, is the last thing the Minister of State or any of us involved in representative politics would wish to happen because, ultimately, it impacts on jobs? It was in that spirit that I made my comments.

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