Róisín Shortall (Dublin North West, Labour)
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Question 85: To ask the Minister for Finance the profile of staff in the Office of the Financial Regulator in terms of professional qualifications with details of the number of staff who have a legal or financial qualification and their grade. [8213/09]

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. The latest information is that 9 contract staff have been employed for this area, and the Financial Regulator advises 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 the accounting, legal or actuary areas. 16% hold other qualifications, including Certificates and Diplomas, such as the Qualified Financial Advisor Diploma.