John Deasy (Waterford, Fine Gael)
Link to this: Individually | In context | Oireachtas source

257. To ask the Minister for Finance the number of sanctions that have been imposed on financial service providers by the Financial Regulator in each of the past five years; the total amount accrued in financial penalties. [28239/15]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

Part IIIC of the Central Bank Act 1942, as amended, provides the Central Bank of Ireland with the power to impose sanctions in respect of the commission of prescribed contraventions by regulated financial service providers and the participation in the prescribed contraventions by persons concerned in their management.

Since 2011 a total of €22,063,565 in fines has been imposed by the Central Bank of Ireland. A total of 54 cases have been taken during this period in which fines were imposed. Details of each case are available on the Central Bank website.

In terms of absenteeism rates, the Lost Time Rate across the Public Service reduced by 0.3% to 4.0% and the average number of days lost to sick leave per Full-Time Equivalent is 8.7 days, a reduction of 0.8 days from 2013.

While it is expected that further savings on the 2013 baseline cost of sick leave for the public service will be achieved in 2015, it is not possible to accurately project the level of these savings in precise terms.

A full breakdown of the cost and absenteeism rates, including trends between 2013 and 2014, is available for the public service and individual sectors at .

John Deasy (Waterford, Fine Gael)
Link to this: Individually | In context | Oireachtas source

258. To ask the Minister for Finance the number of appeals that have been heard each year since the Irish Financial Services Appeals Tribunal was established. [28240/15]

Michael Noonan (Limerick City, Fine Gael)
Link to this: Individually | In context | Oireachtas source

The total number of appeals determined by IFSAT since its inception is twelve. The total number of appeals currently outstanding is three.

It is not possible to allocate individual cases to specific calendar years but broadly speaking IFSAT has determined approximately two cases each year since it was established.