Phase Two Review - Immigrant Investor Programme, Final Report (redacted)

EY Phase Two review (governance, risk and control), final redacted report of 13 Nov 2020 (34 pp.; pp. 1-10 have text, pp. 11-34 are rotated scans, all OCR'd). Contains: summary of Phase One; stakeholder questionnaire counts (about the review, not the programme); eleven observations on staffing (team of 4 CO, 2 EO, 1 HEO and an AP; later 1.5 HEO, 3 EO, 5 CO), Evaluation Committee, risk management, data (AISIP), processing times ('generally under nine months' for familiar business models, management comment; added as a 0-9 month range), due diligence, AML/CTF, investment funds, endowment syndicate discount (€400,000 vs €500,000, '€100k discount'; terms already in the data), monitoring of investors and investments (investment within 90 days of provisional approval; rule, no new amount); COVID-19 context (IBEC, UNWTO, Euroconstruct, FDI figures: out of scope); IIP investment by sector 2012-2020 (pie, added); updated impact 2012-2020: €593m investment made (€262m in 2019-2020), GVA €223-400m, Exchequer €61-109m, FTE 3,377-6,052 (added); 97% of 2018 permits Chinese (repeat of Phase One, not duplicated); updated recommendations table. Event (report) already in the data. Sector shares add to 100. Rules restated from other sources are now recorded from this document too (decision 8).