Andrew Doyle (Wicklow, Fine Gael)
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Question 130: To ask the Minister for Finance the number of staff being employed by the Financial Regulator's Office by grade and profession in 2009. [6386/09]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The approved manpower complement for the Financial Regulator for 2009 is 380. Of this 380, 30.6 (8%) are at senior management level; 225 (59%) at senior officer level and 124.4 (33%) clerical/administrative support. The actual staffing level in the Financial Regulator at 31st January 2009 was 371.6, resulting in 8.4 vacancies.

In November 2008, the Financial Regulator advertised to fill an additional 20 contract posts, to support the Government Guarantee scheme. To date, 9 contract staff have been employed for the Government Guarantee Scheme, and the Financial Regulator advises me that the appointment of the balance of contract is staff progressing well.

81% of the Financial Regulator's staff hold a minimum of a third level qualification or higher. 44% have qualifications at master or primary degree level. 21% hold a professional qualification in accounting, legal or actuary. 16% hold other qualifications, including Certificates and Diplomas, such as the Qualified Financial Advisor Diploma.