Dáil Éireann Debate, Wednesday - 18 April 2012
833 Deputy Maureen O’Sullivan asked the Minister for the Environment, Community and Local Government when the two recently completed PWC Dormant Accounts Inspector’s Reports, the first such to have been undertaken in the ten years since the Dormant Accounts Act was signed into law, will be published; and if he will make a statement on the matter. [18295/12]
View answer834 Deputy Maureen O’Sullivan asked the Minister for the Environment, Community and Local Government in view of the fact that the first two of the dozens of financial institutions that contribute to the Dormant Accounts Fund have had Inspector’s Reports completed, if he will outline the programme for the completion and publication of Inspector’s Reports regarding the remaining institutions; and if he will make a statement on the matter. [18296/12]
View answerI propose to take Questions Nos. 833 and 834 together.
I understand that the Dormant Account Inspection Reports, which I have not seen, have been completed recently by the Central Bank of Ireland. I am advised that the Bank does not have plans to publish the reports, as it is not permitted to disclose confidential information concerning the banks that it supervises under Section 33AK of the Central Bank Act, 2003. I am not aware of the Bank's intentions in respect of future inspections of other institutions that contribute to the Dormant Accounts Fund.
835 Deputy Maureen O’Sullivan asked the Minister for the Environment, Community and Local Government if he will publish a schedule identifying all those financial institutions that have contributed to the Dormant Accounts Fund since the fund’s inception; and if he will make a statement on the matter. [18297/12]
View answerThe list below identifies all financial institutions (and Life Assurance Companies) that have contributed to the Dormant Accounts Fund since the Fund's inception in 2003.
Financial Institutions
ABN AMRO; ACC Bank plc; Allied Irish Banks plc; AIB Group; AIB Finance Limited; AIB Financial and Leasing; Irish Bank Resolution Limited (formerly Anglo); IIB; NIB; Anglo Irish Bank Corporation plc; Barclays Bank plc; BNP Paribas; Bank of America; Bank of Ireland/ICS Building Society; Bank of Ireland ICS; Bank of Ireland; Bank of Ireland Treasury and International Banking; Bank of Ireland Treasury International; Bank of Scotland (Ireland); Citibank; EAA Corporate Services plc (formerly West LB Ireland plc); EBS Building Society; First Active; ICS Building Society; Investec Bank (UK)Limited (Irish Branch); Irish Nationwide Building Society; JP Morgan Ireland plc; National Irish Bank Limited; An Post — Post Office Savings Bank (Capitalised Interest); An Post — Instalment Savings; An Post — Instalment Savings (Capitalised interest); Permanent TSB; Permanent TSB (accounts of Irish Nationwide Building Society) Pfizer International Bank; An Post — Post Office Savings Bank; An Post — Savings Bonds (Capitalised interest); An Post — Savings Bonds; An Post — Savings Certs (Capitalised interest); An Post — Savings Certs; RBS NV (formerly ABN AMRO); RBS; Scotiabank (Ireland) Limited; Ulster Bank Ireland Limited; WestLB Ireland plc; The Escheated Estate Fund.
Life Assurance Companies
Specified Term
Acorn Life; Alba Life; Ark Life; Caledonian Life; Canada Life Assurance; Canada Life Ireland; Eagle Star; Equitable Life; Friends First; Aviva Life (formerly Hibernian); Hibernian Life; Irish Life; New Ireland; Phoenix Ireland (formerly Alba Life); Phoenix Ireland (formerly Royal and Sun Alliance); Phoenix Ireland (formerly Scottish Provident Ireland); Royal London (Formerly Royal Liver); Royal Liver; Royal and Sun Alliance; St. James Place; Scottish Legal Life; Scottish Provident Ireland; Standard Life; Sun Life Financial of Canada; Zurich Insurance (formerly Eagle Star).
No Specified Term
Alba Life; Ark Life; Caledonian Life; Canada Life Assurance; Canada Life Ireland; Eagle Star; Friends First; Royal London (Formerly Hibernian); Hibernian; Irish Life; New Ireland; Phoenix Ireland (formerly Alba Life); Phoenix Ireland (formerly Royal and SunAlliance); Phoenix Ireland (formerly Scottish Provident Ireland); Royal and SunAlliance; Royal Liver; Scottish Legal Life; Scottish Provident Ireland; Standard Life; Sun Life Financial of Canada; Zurich Insurance (formerly Eagle Star).
