Written answers
Wednesday, 1 July 2015
Department of Finance
Financial Services Regulation
Áine Collins (Cork North West, Fine Gael)
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74. To ask the Minister for Finance if he has provided the approval to An Post to set up the new transaction account. [26558/15]
Michael Noonan (Limerick City, Fine Gael)
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An Post have been engaged with my Department regarding their proposal to provide a payment account. There are a number of steps that the company must complete including a statutory consultation with the Minister for Communication, Energy and Natural Resources. Once the necessary procedures have been completed the proposal will be submitted for my decision. I understand that the process is at an advanced stage.
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