Seanad debates
Wednesday, 4 May 2005
International Interests in Mobile Equipment (Cape Town Convention) Bill 2005: Committee and Remaining Stages.
3:00 pm
Martin Cullen (Waterford, Fianna Fail)
The Senator is correct. A significant amount of aircraft leasing finance is conducted through the Irish Financial Services Centre. Ireland has captured a large worldwide market in financing through its legal base, regulatory regime and finance companies. A key factor in winning this contract was Ireland's commitment to that activity. The legal base for this company is a cutting-edge development.
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