Written answers

Tuesday, 4 December 2012

Department of Finance

Banking Sector Remuneration

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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To ask the Minister for Finance if the review of bankers' remuneration has been completed; if he has received the final report and when he intends to publish smae [53755/12]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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As I informed the House, I am expecting the consultant’s report on a Review of Remuneration Practices and Frameworks at the Covered Institutions to be delivered by year end, whereupon consultations with the various stakeholders will commence. I fully recognise that there is a real public interest in the levels of remuneration at the covered institutions and I have committed to publishing the details underpinning the review.

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