Written answers

Wednesday, 1 April 2009

Department of Enterprise, Trade and Employment

Business Regulation

9:00 pm

Photo of Willie PenroseWillie Penrose (Longford-Westmeath, Labour)
Link to this: Individually | In context

Question 55: To ask the Tánaiste and Minister for Enterprise, Trade and Employment if she has received a request from the Office of the Director of Corporate Enforcement to change the law to help his office to prosecute corporate fraud and white collar crime; the nature of the changes sought; if she will introduce amending legislation; if so, when it will be done; and if she will make a statement on the matter. [13338/09]

Photo of Pat RabbittePat Rabbitte (Dublin South West, Labour)
Link to this: Individually | In context

Question 59: To ask the Tánaiste and Minister for Enterprise, Trade and Employment if her attention has been drawn to the reported difficulties encountered by the Office of the Director of Corporate Enforcement in its investigation of a company (details supplied) arising from section 23 of the Companies Act 1990 which confers legal privilege on certain documents; if she has plans to amend the law to provide greater clarity on the issue; and if she will make a statement on the matter. [13340/09]

Photo of Mary CoughlanMary Coughlan (Donegal South West, Fianna Fail)
Link to this: Individually | In context

I propose to take Questions Nos. 55 and 59 together.

Earlier this year in the context of unfolding developments in the market, I asked the Director of Corporate Enforcement to let me know whether any improvements to the legislation under which he operates were necessary. In response the Director identified a number of provisions that he considered required modification to improve their clarity, to bring them up to date as regards developments in relation to electronic record keeping and to facilitate the prosecution of any offence found in specific instances. Yesterday the Government approved proposals I recommended for the priority drafting of appropriate amendments to company law. I intend to bring a Bill before the Oireachtas at the earliest opportunity

Comments

No comments

Log in or join to post a public comment.