Mary Upton (Dublin South Central, Labour)
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Question 75: To ask the Minister for Finance the progress made to date with the strategic review of the credit union sector; and if he will make a statement on the matter. [25634/10]

Brian Lenihan Jnr (Dublin West, Fianna Fail)
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The Deputy will be aware that I have requested the Financial Regulator to carry out this Strategic Review of the Credit Union Sector in Ireland, that the Project is being managed by the Registrar of Credit Unions and that my officials are liaising closely with him in relation to the project. (Your similar PQ Ref. 17227 dated 28 April 2010 refers.)

The Registrar has received tenders from the firms on the short-list of tenderers which were invited to tender. These are currently being reviewed in order to select the most suitable candidate to undertake the review. We continue to expect that the selection process will be completed by June 2010, that work will begin shortly thereafter, and that a report on the full project will be available by end-March 2011.