Michael McGrath (Cork South Central, Fianna Fail)
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69. To ask the Minister for Finance the vacancy rate in the Central Bank's enforcement division; the number of these relating to the regulation of insurance firms; and if he will make a statement on the matter. [12281/16]

Michael Noonan (Limerick City, Fine Gael)
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The Central Bank has informed me that the standardised vacancy rate in the Enforcement Division of the Central Bank of Ireland as at the end of April 2016 is 25%.

The Division is currently in the midst of a recruitment campaign aiming to fill a number of these vacancies at varying levels of experience.

Staff posts within the 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.

Michael McGrath (Cork South Central, Fianna Fail)
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70. To ask the Minister for Finance the number of staff employed in the Central Bank's enforcement division; the number of these relating to the regulation of insurance firms; and if he will make a statement on the matter. [12282/16]

Michael Noonan (Limerick City, Fine Gael)
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The Central Bank has informed me that at the end of April 2016, the Enforcement Division had 53.8 active staff, out of a complement of 71.5. This equates to 75% of their target complement.

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.