Written answers
Wednesday, 5 February 2025
Department of Public Expenditure and Reform
Departmental Bodies
Gerald 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]
Peter 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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