Written answers
Wednesday, 2 April 2025
Department of Finance
Human Rights
Ruth Coppinger (Dublin West, Solidarity)
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88. To ask the Minister for Finance the steps he is taking to ensure that the Central Bank is not acting in violation of the Convention on the Prevention and Punishment of the Crime of Genocide, given that the bank is facilitating the sale of Israeli bonds in EU Member States, despite the International Court of Justice ruling that Israel is plausibly committing genocide and the ongoing South African case at the ICJ which Ireland has joined; and if he will make a statement on the matter. [15902/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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The Central Bank of Ireland (CBI) is the competent authority under the Prospectus Regulation, and is an independent regulator, in relation to the execution of its operational and regulatory functions.
My officials have consulted with the CBI and they indicated by way of response that the law is clear on the matter. The CBI has to approve a prospectus for the offer of securities to the public where it meets the required standards of completeness, comprehensibility and consistency. The CBI also point out that the law is clear that approval should not be considered an endorsement of the issuer or of the securities.
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