Written answers

Tuesday, 17 November 2015

Department of Finance

Central Bank of Ireland Staff

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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200. To ask the Minister for Finance the vacancy rate in the Central Bank of Ireland's enforcement division; the number of these vacancies that relate to regulation of insurance firms; and if he will make a statement on the matter. [40172/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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The Central Bank has informed me that the current vacancy rate within the Enforcement Division is 6.3%. However, staff posts within that Division are not allocated exclusively to one particular industry sector, such as insurance.  Accordingly, it would not be feasible to identify the number of vacancies that relate exclusively to the insurance sector.

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail)
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201. To ask the Minister for Finance the number of staff employed in the Central Bank of Ireland's enforcement division; the number of these that relate to regulation of insurance firms; and if he will make a statement on the matter. [40173/15]

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)
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I am informed by the Central Bank that the Enforcement Division of the Central Bank currently has a staff complement of 57 full-time employees. The Enforcement Division is multi-disciplinary and uses a wide range of powers to investigate cases across the financial services sector. The allocation of staff within the Division to cases will depend on the requirements for each case. Staff within the Division are not allocated exclusively to one particular industry sector, such as insurance.

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