Seanad debates
Tuesday, 26 April 2005
Investment Funds, Companies and Miscellaneous Provisions Bill 2005: Committee and Remaining Stages.
3:00 pm
Derek McDowell (Labour)
I again wish to pursue the issue of regulation. Currently under the UCITS structure investors with a certain level of assets are afforded protections in terms of the risks that may be taken with the investment. No such constraints effectively exist for institutional investors. Is it intended to maintain this discrimination between different types of investor? The majority of customers for these vehicles are expected to be large companies so it perhaps does not apply.
No comments