Pearse Doherty (Donegal, Sinn Fein)
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41. To ask the Minister for Finance if he will design and set up a dormant funds scheme for dormant investment funds in the State which currently hold €102 million and not leave the assessment of the feasibility and design to the funds industry; and if he will make a statement on the matter. [26364/25]

Paschal Donohoe (Dublin Central, Fine Gael)
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The “Funds Sector 2030: A Framework for Open, Resilient and Developing Markets”, published in October 2024, recommended that industry consider the feasibility and design of a scheme for existing and future dormant funds and funds with uncontactable investors. Such a scheme will incorporate a role for industry in supporting investors to trace unclaimed monies and identifying how investor claims might be handled. Any feasibility study prepared by industry will be carefully assessed by relevant officials in Government and in the Central Bank of Ireland. The drafting of any legislation required will solely be a matter for Government.

The 2025 Programme for Government has committed to progress and publish an implementation plan taking into consideration the Funds Review recommendations and I, working with officials, will consider next steps in this regard over the coming months.