Seanad debates

Thursday, 14 April 2005

Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Second Stage.

 

12:00 pm

Photo of Mary WhiteMary White (Fianna Fail)

Utilising an outside accountant represents a significant cost to a small business. The cost of insurance is the sexy issue, which is always highlighted by the media, but legal costs are also extraordinary.

The legislation is important because it reaffirms and strengthens the Government's commitment to making Ireland one of the most attractive and competitive locations for international financial services institutions and activities. The fact that half the world's top 50 banks are located in the IFSC and that Dublin is one of the primary European locations for insurance mutual funds and corporate treasury is testament to the vision of the architects of the Celtic tiger. Mr. Charles Haughey was the chief architect of the IFSC, ably abetted by——

Comments

No comments

Log in or join to post a public comment.