Michael McGrath (Cork South Central, Fianna Fail)
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87. To ask the Minister for Finance the current state of the Central Bank of Ireland investigation of issues relating to under-provisioning at a company (details supplied); and if he will make a statement on the matter. [9827/15]

Michael Noonan (Limerick City, Fine Gael)
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The Central Bank of Ireland have informed me that an investigation into historical claims reserving practices at the company is ongoing and is at an advanced stage.

Once concluded, decisions regarding enforcement proceedings will be made by the Central Bank.