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Banking Sector Regulation

Dáil Éireann Debate, Wednesday - 2 November 2011

Wednesday, 2 November 2011

Questions (44)

Michael McGrath

Question:

44 Deputy Michael McGrath asked the Minister for Finance further to Parliamentary Questions Nos. 141 to 147, inclusive, and 150 of 21 July 2011 and Parliamentary Questions Nos. 127 and 191 of 4 October 2011, when he intends to respond to the various specific remuneration and severance package questions submitted in view of the fact that answers to some of these questions have been outstanding for more than three months. [32433/11]

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Written answers

I have indicated to the Deputy, in response to his previous questions on the subject, that work is on-going on the remuneration review. I have also stated that, when completed, I intend to place the details underpinning the review into the public domain. As part of that commitment, I released last month, as the Deputy will be aware, comprehensive details of the bonuses paid at Anglo Irish Bank since 2008 and committed out to 2012.

I am currently reviewing the remaining work that needs to be undertaken to complete the exercise as expeditiously as possible and then to publish the appropriate findings.

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