The IDA may have been exposing itself to a higher level of investment risk than intended, internal audits of the state inward investment agency released to The Currency show. Deloitte, the professional services firm that conducted the internal audit, found that the IDA’s risk management policy does not set out the level of risk that the IDA is willing to accept in pursuit of its objectives. While the IDA sets out the organisation’s risk tolerance at an individual risk level, it does not set it out for the body as a whole, documents released under Freedom of Information legislation show.…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 4,000 exclusive interviews, investigations, and analysis, plus over 460 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
INTRODUCTORY OFFER: Full annual membership for just €200.