The information requested by the Deputy in respect of Bodies under the aegis of the Department of Finance is as follows:
Special EU Programmes Body
I have received the 2007 and 2008 annual reports for the Special EU Programmes Body, and these have been laid before the Houses of the Oireachtas; the 2009 Annual Report has been agreed, is being printed and will be laid before the Houses of the Oireachtas shortly.
As the Special EU Programmes Body is a North South Body established following the Good Friday Agreement, the pay of the Chief Executive and employees complies with the Government Policy in the jurisdiction in which the staff member is employed — Northern Ireland-based staff are paid in accordance with Northern Ireland Executive policy and Irish-based staff are paid in accordance with Irish Government Policy.
Central Bank of Irealnd
The Central Bank and Financial Services Authority of Ireland (CBFSAI) submitted an annual report in each of the past three years as required by the Central Bank Act 1942. Each of these reports was laid before the Houses of the Oireachtas.
The Central Bank and Financial Services Authority of Ireland was replaced by the Central Bank of Ireland in accordance with the Central Bank Reform Act 2010 in October of thisyear.
The terms and conditions of employment of staff of the Central Bank of Ireland are matters solely for the Central Bank Commission and the Governor. The code of practice for the governance of state bodies does not apply to the Central Bank but I understand that it applies its own, similar, code of governance.
The Irish Financial Services Appeals Tribunal
The Irish Financial Services Appeals Tribunal has delivered an annual report for the past three years. Each of these reports was laid before the Houses of the Oireachtas before being published on their website www.ifsat.ie. The Irish Financial Services Appeals Tribunal has no Chief Executive and no employees.
Financial Services Ombudsman
I have received Annual Reports in respect of the Financial Services Ombudsman for the past three years. Each of these reports was laid before the Houses of the Oireachtas. The remuneration of the Financial Services Ombudsman and the Deputy Financial Services Ombudsman is set by the Financial Services Ombudsman Council and does not take effect until approved by the Minister. The Financial Services Ombudsman Council confirms that the relevant requirements under the Code of Practice for Governance of State Bodies have been met and also that remuneration and allowances for employees have regard to Government policy as required to be met under Section 57BN(3) of the Central Bank Act (as amended).
An Post National Lottery
The Annual Report of the National Lottery has been received by me for each of the past three years and laid before the Houses of the Oireactas. The Annual Report 2007 was laid before the Houses of the Oireachtas in March 2008, the Annual Report 2008 in April 2009 and the Annual Report 2009 in May 2010.
As set out in the Company's Annual Report, the National Lottery is in compliance with the Code of Practice for the Governance of State Bodies, including the requirements set out at Section B of the Code relating to the Remuneration of the Chief Executive and staff.
National Treasury Management Agency (includes National Pension Reserve Fund Commission, State Caims Agency, National Developenment Finance Agency and National Asset Management Agency)
The National Treasury Management Agency has forwarded its annual report to me for each of the last three years.
While the National Treasury Management Agency is guided by Government pay policy, it is not governed by public sector pay agreements. As provided for in the National Treasury Management Agency Act 1990 the remuneration of the National Treasury Management Agency Chief Executive is determined by the Minister for Finance after consultation with the ational Treasury Management Agency Advisory Committee.
All staff of the National Treasury Management Agency have individual contracts of employment which are negotiated on an individual contract basis by the Agency.
The Code of Practice for the Governance of State Bodies has not previously been applied to the National Treasury Management Agency and associated bodies whose legal structure does not follow the general semi-state model in all respects. During the course of this year, the National Treasury Management Agency, the National Development Finance Agency and the National Pensions Reserve Fund Commission have considered how the Code may be adapted to fit their specific legal structures and have written to my Department setting out how they propose to implement the Code.
National Development Finance Agency
The National Development Finance Agency has submitted annual reports as required in each of the past 3 years. The reports have been laid before both Houses of the Oireachtas.
Credit Review Office
As this body only came into operation in 2010 no annual report has been produced to date. The pay of the Chief Executive and employees is in line with Government Policy. Two quarterly reports have been produced one of which has been laid before the Dáil to date.
The Standards in Public Office Commission
The Standards in Public Office Commission is required by statute to furnish its annual report to the Minister for Finance. The Standards Commission is an independent public body; it is not a "State body under the auspices" of the Department of Finance. The Chairman of the Standards Commission furnished its most recent annual report — the annual report 2009 — to me in June 2010. A copy of the annual report was laid before each House of the Oireachtas in July 2010. The Chairman of the Commission furnished its annual report 2008 to me in June 2009 and its annual report 2007 to me in June 2008. These annual reports were laid before each House of the Oireachtas shortly thereafter.
Anglo Irish Bank
Accounts have been received by my Department for all relevant periods since nationalisation. Pay of Chief Executive Officer is in accordance with the Covered Institutions Oversight Committee (CIROC) guidelines and approved by me. The pay of employees is a matter for the Board of the Bank. Anglo Irish Bank is subject to the Code of Practice for the governance of State Bodies, and is in compliance with the provisions of that Code.