Tuesday, 17 July 2012

Questions (87, 88, 89)

Joe Higgins

Question:

91 Deputy Joe Higgins asked the Minister for Finance if he will provide some details on where the figure of 33,000 persons employed in Ireland's International Financial Services Centre comes from; the way it is compiled and by whom; and the number of persons directly employed by companies within the IFSC. [34621/12]

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Joe Higgins

Question:

92 Deputy Joe Higgins asked the Minister for Finance if he will provide a break down of the figure of 33,000 persons employed in Ireland's International Financial Services Centre by division, that is the number employed in banking, insurance, legal services and accountancy services and so on. [34622/12]

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Joe Higgins

Question:

93 Deputy Joe Higgins asked the Minister for Finance if he will provide a break down of the figure of 33,000 persons employed in Irelands International Financial Services Centre by nationality of company. [34623/12]

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Written answers (Question to Minister for Finance)

I propose to take Questions Nos. 91 to 93, inclusive, together.

Neither my Department nor the Central Bank compiles detailed information in relation to employment in the international financial services sector in Ireland.

The figure to which the Deputy refers was sourced from a report compiled by the Finance Dublin Yearbook which provides a breakdown of international financial services related employment. Details are reproduced in a report compiled by Accenture and Financial Service Ireland (FSI) entitled "The IFSC: the international financial services sector in Ireland" published in September 2010 and which is available on the IBEC website. I understand that the details the Deputy is seeking is available from those sources.