Dáil Éireann Debate, Tuesday - 3 December 2013
79. Deputy Lucinda Creighton asked the Minister for Finance the person who is the Irish representative on the European Insurance and Occupational Pensions Authority; and if he will make a statement on the matter. [51763/13]
View answerEIOPA (European Insurance and Occupational Pensions Authority) was established by the EIOPA Regulation on 1 January 2011. It is part of the European System of Financial Supervision and is an independent advisory body to the European Parliament, the Council of European Union and the European Commission. EIOPA’s core responsibilities are to support the stability of the financial system and the transparency of markets and financial products as well as the protection of insurance policyholders, pension scheme members and beneficiaries.
The Central Bank has informed me that there are two Irish representatives on the Board of Supervisors for EIOPA;
- Mr Cyril Roux, Deputy Governor of the Central Bank of Ireland, who was appointed on October 2nd 2013. Mr Mark Burke, head of the Life Insurance Division of the Central Bank, is the alternate representative; and,
- Mr Brendan Kennedy, Chief Executive Officer of the Pension Board, who was appointed to the board on 1st January 2011. Mr Pat O’Sullivan, head of funding and actuarial division of the pensions Board, is the alternative representative.
