Written answers
Tuesday, 27 September 2022
Department of Finance
Departmental Reviews
Catherine Murphy (Kildare North, Social Democrats)
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129. To ask the Minister for Finance if he will provide a schedule of the costs for all live studies, reviews and research projects undertaken or commissioned by him; and the details of the person or body that is conducting each study, review and research project in tabular form. [47044/22]
Paschal Donohoe (Dublin Central, Fine Gael)
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I can advise the Deputy of the costs, including estimates where relevant, and the bodies conducting the live studies, reviews and research projects in my Department as follows:
| Live studies, reviews and research projects | Cost (Ex-VAT) | Conducted by |
|---|---|---|
| External review of Help to Buy Scheme | €64,300 | Mazars |
| -Working paper/research - Revenue Exposure to Climate Change -The role of firm dynamism in productivity -Flows into self-employment -Modelling the Ukraine impact -The Impact of the Global Tax Reforms on Ireland’s Corporate -Investment and the Wider Economy -Economic impacts of climate transition -Impact of population ageing on the public finances -SME Structural Change Research -Impact of wage subsidies on the labour market during COVID-19 - joint with Revenue and ESRI | €250,000 (estimate) | Joint research: Department of Finance and the Economic and Social Research Institute (ESRI) |
| COVID-19 and productivity enhancing reallocation | Nil | Joint research: Department of Finance, Revenue and the Organisation for Economic Cooperation and Development (OECD) |
| The Anti-Money Laundering Steering Committee (AMLSC), a committee chaired by the Department of Finance incorporating membership from both Government bodies and the private sector, has four subgroups examining key priorities in 2022. The subgroups are examining the areas of 1) how Ireland will meet obligations in relation to risk assessments; 2) enforcement; 3) statistics gathering and analysis; 4) information sharing. The recommendations of the four subgroups will be brought to the AMLSC for review in the first instance, and may subsequently be brought to Government for consideration, where appropriate. | Nil | Department of Finance |
| Report on the drivers of the cost and availability of finance for residential development | €80,000 | KPMG |
| Retail Banking Review | €183,000 (estimate) | Department of Finance |
| Research to identify and develop tools to better enable consumers to switch their banks. | €68,800 - This cost is fully recoupable from AIB and PTSB | ESRI |
| SME Credit Demand Survey April 2022 to September 2022 | €227,160 - This cost is fully recoupable from AIB and Bank of Ireland | Behaviour and Attitudes |
| Productivity, Structural Change and the Capital-Labour Ratio: SME Evidence | €250,000 | ESRI |
| Financial Services and Pensions Ombudsman – Periodic Critical Review | Nil | Department of Finance |
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