Written answers
Thursday, 7 March 2013
Department of Finance
Banking Sector Remuneration
Michael McGrath (Cork South Central, Fianna Fail)
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To ask the Minister for Finance if he has received a copy of the Mercer report on remuneration in the banking sector; the date on which he intends to present the report to Cabinet; his plans for publishing the report; the timetable he envisages for implementation of its recommendations; and if he will make a statement on the matter. [12249/13]
Michael Noonan (Limerick City, Fine Gael)
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My Department is in final discussions with the consultants on the report. I expect to bring it to Government imminently for decision. I fully recognise that there is a real public interest in the levels of remuneration at the Covered Institutions and I will endeavour to have the details underpinning the review published as soon as possible thereafter.
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