Cullen, Martin

Tuesday, 16 June 1998

Dáil Éireann Debate
Vol. 492 No. 4

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Investor Compensation Bill, 1998: Second Stage.

This Bill has been passed by Seanad Éireann and does four things. First, it provides for compensation for clients of investment and insurance intermediaries, including Stock Exchange member firms and...More Button

About 80 per cent of small investors would be entitled to less than that figure.More Button

That is what will happen. That is why the Minister for Enterprise, Trade and Employment will be consulted. She will be involved with the Minister for Finance for that reasonMore Button

I will deal with that later.More Button

No.More Button

Investor Compensation Bill, 1998: Second Stage (Resumed).

I thank all the Deputies who contributed to the debate. I will endeavour to answer the points raised by the Deputies. On the level of compensation, which Deputy Noonan dealt with at length and to whi...More Button

It is not. I did not mean to give that impression, I was simply using the argument that we are not in a position to pick a figure out of the sky in respect of the number of claims that will be made. ...More Button

Investor Compensation Bill, 1998: Referral to Select Committee.

I move: That in accordance with Standing Order 112(1) and paragraph (1)(a)(i) of the Order of Reference of Select Committees the Bill be referred to the Select Committee on Finance and the Public Serv...More Button


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