Written answers
Monday, 8 September 2025
Department of Finance
Central Bank of Ireland
Cian O'Callaghan (Dublin Bay North, Social Democrats)
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536. To ask the Minister for Finance if he will take action to prevent the renewal of the Central Bank’s facilitation of Israeli Bonds; and if he will make a statement on the matter. [46106/25]
Ruth Coppinger (Dublin West, Solidarity)
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562. To ask the Minister for Finance the steps he is taking to ensure that the central bank of Ireland’s issuing of Israeli bonds is not in violation of the States obligations under the UN genocide convention; and if he will make a statement on the matter. [46613/25]
Gerald Nash (Louth, Labour)
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574. To ask the Minister for Finance if the Central Bank received any requests from the Israeli authorities to renew that state's bond prospectus prior to the expiry of the 2024 prospectus, which was in place until the 1 September 2025; and if he will make a statement on the matter. [46806/25]
Ken O'Flynn (Cork North-Central, Independent Ireland Party)
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575. To ask the Minister for Finance the role Ireland will play in EU regulatory decisions in such contexts as oversight for diaspora bond approvals has shifted to Luxembourg; and if this change prompt reassessment of Irelands financial regulatory mandate. [46824/25]
Pearse Doherty (Donegal, Sinn Fein)
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577. To ask the Minister for Finance the date that the Central Bank of Ireland received the request from Israel to transfer the approval of their bond prospectus to another member state; if the Central Bank of Ireland had any correspondence with Israeli authorities prior to receiving the request for a transfer; and if he will make a statement on the matter. [46861/25]
Pearse Doherty (Donegal, Sinn Fein)
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578. To ask the Minister for Finance the date that ESMA was notified of the transfer of Israel’s bond prospectus to another member state; and if he will make a statement on the matter. [46862/25]
Pearse Doherty (Donegal, Sinn Fein)
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579. To ask the Minister for Finance when the Central Bank of Ireland made the decision to grant Israel a transfer of bonds to another member state; the rationale for the decision taken; the engagement the Central Bank had with other branches of Government in relation to the decision; and if he will make a statement on the matter. [46863/25]
Pearse Doherty (Donegal, Sinn Fein)
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580. To ask the Minister for Finance the date that the Central Bank of Ireland transferred documentation filed and the decision to grant the transfer of Israeli bonds to the Luxembourg Central Bank; and if he will make a statement on the matter. [46864/25]
Pearse Doherty (Donegal, Sinn Fein)
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581. To ask the Minister for Finance the date that Israel was notified of the transfer of its bonds; and if he will make a statement on the matter. [46866/25]
Paschal Donohoe (Dublin Central, Fine Gael)
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I propose to take Questions Nos. 536, 562, 574, 575, 577, 578, 579, 580 and 581 together.
The Prospectus Regulation provides for the transfer of the approval of a prospectus to the competent authority of another EU Member State, however the Central Bank of Ireland cannot comment on individual supervisory engagements owing to its professional secrecy obligations.
On the morning of 01 September I received a letter from the Governor of the Central Bank informing me that the Central Bank's approval of the 2024 Prospectus had expired. The letter further informed me that the competent authority of Luxembourg, the "CSSF", had approved a new prospectus for the State of Israel. As a result there are no current active bond prospectuses approved by the Central Bank of Ireland, for the State of Israel. This correspondence was also sent to the Chair of the Joint Committee on The Joint Committee on Finance, Public Expenditure, Public Service Reform and Digitalisation, and Taoiseach.
The Central Bank as the financial regulator is independent in its functions from the Government as is necessary in any well-functioning democracy. The Central Bank performed a regulatory function which was limited to ensuring that the disclosure document for the offer of securities contained all the necessary information required by the EU Prospectus Regulation, this function will now be carried out by the competent authority in Luxembourg in relation to the 2025 Prospectus.
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