Written answers

Tuesday, 22 January 2013

Department of Finance

Financial Services Regulation

Photo of Gerry AdamsGerry Adams (Louth, Sinn Fein)
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201. To ask the Minister for Finance the number of occasions on which he has met the Financial Regulator since he took office; and the dates of those meetings. [2449/13]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I meet with the Deputy Governor of the Central Bank, Mr. Elderfield, routinely on a near monthly basis as we are both members of the Cabinet sub-committee on Mortgage Arrears and Mr. Elderfield has also joined me, on occasion, in attending the special ECOFIN meetings such as the one held on 21 and 22 October 2011. Since 2010, with the amalgamation of the Financial Regulator and the Central Bank into a single unitary body, the Governor has overall responsibility for Central Bank policies and in this context I meet with him on a regular basis.

In addition, my officials regularly meet with senior officials, including Mr. Elderfield, of the Central Bank on a frequent basis as part of the normal day-to-day interaction between my Department and the Central Bank.

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