Wednesday, 4 June 2014

Questions (35)

Lucinda Creighton

Question:

35. Deputy Lucinda Creighton asked the Minister for Finance further to Parliamentary Questions Nos 10 and 41 of 27 May 2014, if the reports which Central Bank of Ireland staff make to appropriate specified bodies, specifically An Garda Síochána, include the names of persons who Central Bank of Ireland staff suspect have committed criminal offences in an entity supervised by the Central Bank of Ireland; if named criminal suspects are included rather than just the name of the supervised entity; and if he will make a statement on the matter. [23827/14]

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Written answers (Question to Finance)

I have been informed by the Central Bank that in accordance with section 33AK of the Central Bank Act 1942, in all cases where the Central Bank has information that leads it to suspect that a criminal offence may have been committed by a person or entity supervised by it, the Central Bank is required to report the information to the appropriate specified bodies (including An Garda Síochána). Depending on the specific circumstances involved and the level of information available to the Central Bank, the report may include names of specific individuals together with the name of the supervised entity.