Written answers
Tuesday, 27 July 2021
Department of Enterprise, Trade and Employment
Departmental Bodies
Noel Grealish (Galway West, Independent)
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23. To ask the Minister for Enterprise, Trade and Employment if he will request the State agencies, organisations or boards under the remit of his Department or that receive funding from his Department to confirm whether they have been charged interest on funds held on deposit in Irish banks including current accounts since negative interest rates were introduced; the amount of interest paid to date; and if he will make a statement on the matter. [40024/21]
Leo Varadkar (Dublin West, Fine Gael)
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The attached Schedule sets out details of the negative interest rate charges incurred by the Agencies receiving funding from or operating under the aegis of my Department since the introduction of such charges by their respective financial services providers up until the 30th June 2021.
I wish to assure the Deputy that my Department and our Agencies are fully aware of the importance of achieving value for money in relation to the goods and services that we purchase including in relation to banking services such as the cost of maintaining positive credit balances.
My Department meets regularly with our Agencies, including in relation to operational matters and I have requested that their attention be drawn to the importance of ensuring that where possible they take the necessary steps to mitigate against the potential for incurring negative interest charges where such charges are imposed by their financial services provider.
State Agencies, organisations or boards under the remit of the Department or that receive funding from the Department
amount of negative interest charged since introdution up to 30 June 2021 | |
---|---|
Name of body | € |
IDA Ireland | 255,296 |
Enterprise Ireland | 80,466 |
InterTrade Ireland | 3,050 |
Micro Finance Ireland | 27,915 |
National Standards & Safety Authority ( NSAI) | 0 |
Local Enterprise Offices | 1,000 |
Health & Safety Authority | 31,154 |
Competition and Consumer Protection Commission | 0 |
Personal Injuries Assessment Board | 13,726 |
Irish Auditing and Accounting Supervisory Authority | 0 |
412,607 |
Paul Kehoe (Wexford, Fine Gael)
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24. To ask the Minister for Enterprise, Trade and Employment the agencies and State organisations under his Department that are receiving State funding that do not have to declare salaries of employees under the 2016 code of governance; and if he will make a statement on the matter. [40033/21]
Leo Varadkar (Dublin West, Fine Gael)
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I can confirm that all agencies under the aegis of my Department have fully complied with the reporting obligations under the Code of Practice for the Governance of State Bodies with regard to the disclosure of salaries paid to employees.
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