Company Law
Dail Éireann — 2026-06-16
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Peter Burke (FG), Longford-Westmeath

I am very much aware of how important the funds sector is to our employment landscape. Over 60,000 jobs and, as the Deputy pointed out, trillions in assets are domiciled here. As I said, the Department of Finance has the lead policy responsibility for the area. Distributed ledger technology, as the Deputy pointed out, provides a game changer for the sector. It records transactions, and transactions that are recorded in multiple places at the same time. This can provide a huge opportunity for Ireland.
What is happening here now is that submissions have been sought. They have been coming into the Central Bank. The Department of Finance will communicate to our Department what changes are needed in the company law code, because our Department is responsible for this area. We will support the growth of the sector in that regard because we have seen how much it has contributed to our economy in terms of jobs and this being a highly regulated sector that has a pathway into the European market that is significant for Ireland. I can, therefore, assure the Deputy of my full attention to this matter.

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Record URI: https://data.oireachtas.ie/akn/ie/debateRecord/dail/2026-06-16/debate/main
Retrieved: 2026-08-27T06:54:50+00:00
Sitting date: 2026-06-16