Michael McGrath (Cork South Central, Fianna Fail)
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139. To ask the Minister for Finance the role of the consumer advisory group within the structure of the Central Bank; the number of times they have met in 2013; the reports, if any, that have been issued; and if he will make a statement on the matter. [52868/13]

Michael Noonan (Limerick City, Fine Gael)
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I have been advised by the Central Bank that the role of the Consumer Advisory Group (CAG) is to advise the Central Bank on the performance of its functions and the exercise of its powers in relation to protecting consumers of financial services. There are five members of the CAG. Appointments are for a three-year period and members serve on a voluntary basis. A list of the members is as follows:-

- Michael Culloty

- Dermott Jewell

- Elaine Kempson

- Bill Knight

- Dr Anthony Walsh

As the role of the CAG is an advisory one, they do not publish reports on their activities and recommendations. The Central Bank publishes a summary of items discussed at each meeting on its website.

The CAG has met four times in 2013 and a summary of each meeting is available on the Central Bank's website: www.Centralbank.ie.