Written answers

Wednesday, 25 June 2025

Department of Finance

Central Bank of Ireland

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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47. To ask the Minister for Finance to provide each risk grading that is, low, medium and high that was assigned to Israeli bonds prospectus based on the Central Bank of Ireland's risk-based approach for the prospectus approved in each period, September 2021; September 2024, February 2024 and June 2024. [34691/25]

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein)
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48. To ask the Minister for Finance which approach to review a two eyes review or a four eyes review based on the Central Bank of Ireland's risk-based approach was taken with Israeli bonds prospectus approved in each period, September 2021. September 2024, February 2024 and June 2024. [34692/25]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 47 and 48 together.

The Minister of Finance is not involved in operational matters of the Bank, however, having consulted with the Central Bank of Ireland my officials inform me that the Central Bank operate a specific risk based approach for prospectus supervision. Generally under the Central Bank's current risk based approach, all prospectuses for securities with retail denominations are reviewed as high risk resulting in a full four eyes review. Finally, it is important to note that the Central Bank are not in a position to comment on an individual application as they are subject to supervisory confidentiality obligations under Section 33AK of the Central Bank Act.

Photo of Gerald NashGerald Nash (Louth, Labour)
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49. To ask the Minister for Finance for the list of those in the media and other stakeholders that receive the Central Bank Quarterly Bulletin in advance of publication; to confirm the rules governing the provision of such reports to media or other stakeholders in advance of publication; how the release of market sensitive information that may be contained in such reports is regulated; if his Department provides official reports in advance to media; and if he will make a statement on the matter. [34737/25]

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael)
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The Central Bank of Ireland has provided me with the following information on the matter.

The Central Bank of Ireland’s Quarterly Bulletin is released under embargo by the Bank’s media relations team to members of the media in advance of publication. They do not have a set list of the recipients, as each publication that is released under embargo is reviewed in advance on a case by case basis and depending on the topics, sensitivity of the information, registered attendees for a media briefing etc. a determination is then made on the appropriate circulation list.

There can also be communication between staff and officials in the Department of Finance and other Departments, if relevant, on the contents of reports etc. in advance of publication.

As noted above there are no set rules governing the provision of such reports to media or other stakeholders in advance of publication; each publication is reviewed on a case by case basis depending on the information contained in it.

Publications containing information that is deemed market sensitive is, as outlined above, managed on a case by case basis depending on the information contained in the publication. In many cases with such publications (for example the Central Bank of Ireland’s Mortgage Measures Framework) a decision is made that the information is so sensitive that it should not be released under embargo and will only be released at the same time as it is published on the Central Bank of Ireland’s website.

My Department does not provide official reports on the Bank’s Quarterly Bulletin to the media.

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