Tuesday, 19 February 2013

Questions (287)

Mattie McGrath

Question:

287. Deputy Mattie McGrath asked the Minister for Finance if he will provide a breakdown of levies paid by each credit institution to the Financial Services Ombudsman in 2010, 2011 and 2012 [8799/13]

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Written answers (Question to Finance)

The method of calculating the levies which regulated financial services institutions provide to the Office of the Financial Services Ombudsman to carry out its duties are set out in Statutory Instrument Number 506 of 2012. I have been informed by the Office of the Financial Services Ombudsman that the details of the actual amount which each such institution pays is given on the basis that this information will be retained in confidence by the Office. However, I can confirm that the total amount of levy collected in each of the years is as follows:

Year

Amount of Levy

2010

1,191,784

2011

838,600

2012

1,228,669