Written answers

Wednesday, 5 February 2025

Department of Public Expenditure and Reform

Departmental Bodies

Photo of Gerald NashGerald Nash (Louth, Labour)
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397. To ask the Minister for Enterprise, Trade and Employment the actions an agency under his aegis (details supplied) plans to take in relation to a matter; and if he will make a statement on the matter. [3407/25]

Photo of Peter BurkePeter Burke (Longford-Westmeath, Fine Gael)
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The Corporate Enforcement Agency (CEA) was established in July 2022 under the Companies Act 2014. The CEA’s functions include encouraging compliance with the Act, investigating suspected offences, summary prosecution of detected breaches, referring cases to the Director of Public Prosecutions for prosecution, exercising a supervisory role over the activities of liquidators and receivers, and operating a regime of restriction and disqualification undertakings in respect of directors of insolvent companies. The CEA is equipped with significant enforcement powers to enable it to carry out its functions.

The CEA is independent in the delivery of its functions, and the Minister does not have information on specific investigations.

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