Michael McGrath (Cork South Central, Fianna Fail)
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143. To ask the Minister for Finance the number of firms found to be unauthorised by the Central Bank for the services they provided; if they were financial services providers, collective investment schemes, payment services agents, moneylenders or other types service; if the firms were credit servicing firms; if the firms own or owned mortgage loans or credit agreements; and if he will make a statement on the matter. [33778/17]

Michael McGrath (Cork South Central, Fianna Fail)
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144. To ask the Minister for Finance the number of financial institutions found to be unauthorised by the Central Bank each year for the past six years; and if he will make a statement on the matter. [33779/17]

Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 143 and 144 together.

I am informed by the Central Bank that it has found approximately 128 firms/individuals to be conducting unauthorised activities in the years 2011-2016 inclusive. These unauthorised firms have been the subject of Central Bank warning notices. 110 refer to unauthorised Investment Firms, 6 refer to unauthorised Credit Institutions, 6 are in relation to unauthorised Retail Credit Firms, 3 refer to unauthorised Debt Management Firms, 2 regarding unauthorised Insurance Intermediaries, and 1 refers to a firm conducting unauthorised Mortgage Intermediary services.

The following table provided by the Central Bank details the number of firms, broken down into firm type, found to be unauthorised each year.