I have been advised by the Central Bank of the following professional fees for 2011, 2012 and up to 17 June 2013, broken down by category. I am informed by the Central Bank that, for reasons of commercial confidentiality, the Central Bank cannot provide information on individual firms.
Categorised Professional Fees incurred in 2011
|
Euros
|
Legal
|
2.919m
|
Accountancy
|
2.771m
|
Financial Services
|
29.481m
|
Other Consultancy
|
777m
|
Total
|
35.948m
|
Categorised Professional Fees incurred in 2012
|
Euros
|
Legal
|
1.729m
|
Accountancy
|
1.698m
|
Financial Services
|
14.131m
|
Other Consultancy
|
3.993m
|
Total
|
21.551m
|
Categorised Professional Fees incurred in 2013 to 17 June
|
Euros
|
Legal
|
181m
|
Accountancy
|
93m
|
Financial Services
|
1.656m
|
Other Consultancy
|
409m
|
Total
|
2.339m
|
The decrease in professional fees in 2012 from 2011 is largely due to reduced expenses incurred (€12.0 million) in relation to the Prudential Capital Assessment Review and Prudential Liquidity Assessment Review of certain financial institutions in 2012. when compared with the previous year (€29.1 million). These costs were fully recouped from the relevant financial institutions.