Written answers
Thursday, 24 November 2016
Department of Finance
Financial Services Regulation
Michael McGrath (Cork South Central, Fianna Fail)
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76. To ask the Minister for Finance the number of new licence applications received by the Central Bank for each year from 2012 to 2016 to date by category, in tabular form; the number approved to date and withdrawn; the number in which a decision remains outstanding by the Central Bank; and if he will make a statement on the matter. [36747/16]
Michael Noonan (Limerick City, Fine Gael)
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The Central Bank does not publish information on applications for authorisation for confidentiality reasons. Authorised firms are listed on the Central Bank registers, which are available on registers.centralbank.ie.
The Central Bank does publish at regular intervals its Regulatory Service Standards Performance Report. The most recent report is available from the Central Bank.
Authorisation of Investment Funds and Financial Service Providers applications is an important supervisory gateway and a significant operational activity of the Central Bank. The Central Bank is committed to providing a clear, open and transparent authorisation process while ensuring a rigorous assessment of the applicable regulatory standards.
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