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Tuesday, 2 Feb 2016

Written Answers Nos. 181-194

Ministerial Meetings

Questions (181)

Finian McGrath

Question:

181. Deputy Finian McGrath asked the Minister for Finance if he will meet the President of the World Bank, Mr Jim Yong Kim; and if he will make a statement on the matter. [4277/16]

View answer

Written answers

As the Deputy may be aware, as Minister for Finance I am Governor for Ireland at a number of International Financial Institutions, including the World Bank Group. The World Bank Group comprises five institutions, each of which have different roles and responsibilities under the over-arching goal of reducing poverty and supporting economic development.

The World Bank Group provides a wide range of products and services, including loans, grants, advice and technical assistance, to developing and middle income countries. Given that Ireland is categorised as an advanced, developed, country it not eligible to apply for funding from the World Bank Group.

Officials from the Department of Finance and the Department of Foreign Affairs and Trade regularly meet with their counterparts in the World Bank Group to discuss issues relating to development in Ireland's Key Partner Countries as well as generally. In my capacity as Governor for Ireland at the World Bank Group, I met with President Jim Yong Kim during his visit to Dublin in July 2016. President Kim also met with my colleague, the Minister for Foreign Affairs and Trade, on that occasion. This visit provided an opportunity to discuss various issues arising at the World Bank, Ireland's priorities for the work of the World Bank, and matters relating to the broader development agenda. Matters relating to World Bank funding for Ireland was not discussed because, as outlined, Ireland is not eligible for such support. I refer the Deputy to a press release relating to this visit, which can be found at: https://www.dfa.ie/our-role-policies/our-work/casestudiesarchive/2015/june/visit-by-world-bank-president-dr-jim-yong-kim/.

Disabled Drivers and Passengers Scheme

Questions (182)

Finian McGrath

Question:

182. Deputy Finian McGrath asked the Minister for Finance to support a matter (details supplied) regarding compensation for clients who were mis-sold financial products; and if he will make a statement on the matter. [4308/16]

View answer

Written answers

The issue of the Statute of Limitations comes under the aegis of my colleague the Minister for Justice and Equality and I understand that the operation of the law in relation to the Statute of Limitations is a matter of ongoing review at that Department.  

In relation to financial services, as the Deputy is aware, Section 57BX (3)(b) of the Central Bank Act 1942 as amended prevents the Financial Services Ombudsman from examining any aspect of a complaint where the conduct being complained of occurred more than 6 years before the receipt of the complaint in his Office.  The Financial Services Ombudsman has no discretion in relation to the 6 years rule.

My Department has been progressing the amalgamation of the Offices of the Financial Services Ombudsman and the Pensions Ombudsman. The question of the timeframe under which complaints can be reviewed is a policy matter which will be considered as the legislation to effect the amalgamation is being developed. I am of course mindful of the need to provide the necessary protection to the consumer over the longer term. However, the issues in this regard are complex involving a range of considerations including the interface with the Statute of Limitations, existing consumer protection laws, complaints mechanisms and the availability of records. 

Disabled Drivers and Passengers Scheme

Questions (183)

Finian McGrath

Question:

183. Deputy Finian McGrath asked the Minister for Finance to support a matter (details supplied) regarding tax relief; if there is any tax relief available for cars for blind persons and their drivers; and if he will make a statement on the matter. [4309/16]

View answer

Written answers

As the Deputy may be aware, the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provides relief from VAT and VRT (up to a certain limit) on the purchase of an adapted car for transport of a person with specific severe and permanent physical disabilities, a fuel grant, and an exemption from Motor Tax.

To qualify for the Scheme, an applicant must have a permanent and severe physical disability within the terms of the Disabled Drivers and Disabled Passengers (Tax Concessions) Regulations (S.I. No. 353 of 1994) and satisfy one of the six medical criteria outlined in the Regulations. 

Visual impairment is not currently a qualifying criteria under the Regulations. 

Tax Code

Questions (184)

Brendan Griffin

Question:

184. Deputy Brendan Griffin asked the Minister for Finance why a company (details supplied) in County Kerry is continuing to trade after depriving grant aid, under the farm improvement scheme, to a number of persons in County Kerry; and if he will make a statement on the matter. [4399/16]

View answer

Written answers

I am advised by Revenue that having regard to their taxpayer confidentiality obligations, they are not in a position to comment on the tax affairs of a third party or the ability or otherwise of a third party to provide evidence of tax clearance.

Tax Rebates

Questions (185)

Dan Neville

Question:

185. Deputy Dan Neville asked the Minister for Finance if he will process moneys due from the Revenue Commissioners for the rebate of fuel costs for persons (details supplied) in County Limerick with a disability; and if he will make a statement on the matter. [4407/16]

View answer

Written answers

Last week my Department made the first tranche of payments of the Disabled Drivers and Disabled Passengers Fuel Grant in respect of applications made in the first three weeks of January 2016. The person concerned was in the first tranche of payments.

My Department expects to make payments in respect of applications processed in the last two weeks in January this week.

I think it is important to provide the Deputy with some of the background to the introduction of the Fuel Grant. From 1969 to 2014, the Disabled Drivers and Disabled Passengers (Tax Concessions) Scheme provided for the repayment of excise duty on fuel used by beneficiaries of the Scheme. Following a judgement of the Court of Justice of the European Union of April 2013, the repayment of the excise element of the Scheme was found to be incompatible with the Energy Tax Directive. Following negotiations with the European Commission it was agreed that the repayment of excise duty should be discontinued as of 31 December 2014.

As I stated in March 2014, to ensure that no beneficiary of the Scheme lost out as a result of the Court's ruling, I decided to introduce a new fuel grant effective from 1 January 2015. Section 81 of the Finance Act 2015 provided for the making of regulations to govern the operation of the fuel grant, which I subsequently made through the Disabled Drivers and Disabled Passengers Fuel Grant Regulations (S.I. No. 635 of 2015). The Revenue Commissioners are processing Fuel Grant applications and, as I have indicated, my Department is making the payments to beneficiaries.

The Fuel Grant is paid at the same rate as the rates for repayment of excise duty on fuel. Accordingly, I have maintained the rate for petrol at €0.59 per litre, the rate for diesel at €0.48 per litre, and the rate for liquefied petroleum gas at €0.10 per litres. This Fuel Grant maintains the previous practice of paying the sum 12 months in arrears, so that the Revenue Commissions began processing applications on behalf of my Department from 1 January 2016.

With the assistance of the Revenue Commissioners, a number of improvements have been made to the administration of the Scheme. For example, beneficiaries are now able to apply for the fuel grant online on the Revenue website through the 'myAccount' feature, and payments are made directly into beneficiaries' accounts.

Insurance Coverage

Questions (186)

Joan Collins

Question:

186. Deputy Joan Collins asked the Minister for Finance his views on the refusal by two insurance companies to insure a house (details supplied) in Dublin 9 that they claim is a flood risk area; and if he will make a statement on the matter. [4411/16]

View answer

Written answers

I am aware of the difficulties that the absence of flood insurance cover can cause to householders and businesses. However, the provision of insurance cover and the price at which it is offered is a commercial matter for insurance companies and is based on an assessment of the risks they are willing to accept and adequate provisioning to meet those risks.  In my role as Minister for Finance, I have responsibility for the development of the legal framework governing financial regulation.  Neither I, nor the Central Bank of Ireland, can interfere in the provision or pricing of insurance products or have the power to direct insurance companies to provide flood cover to specific individuals.

Government policy in relation to flooding is focused on the development of a sustainable, planned and risk-based approach to dealing with flooding problems, with a view to addressing the increased availability of flood insurance.  To achieve this aim, there is a focus on prioritising spending on flood relief measures, development and implementation of plans by the Office of Public Works (OPW) to implement flood relief schemes. This strategy is complemented by a Memorandum of Understanding between the OPW and Insurance Ireland which provides for the transfer by the OPW of data in relation to completed flood defence schemes to the insurance industry, which should provide a basis for the increased provision of flood insurance in areas where works have been completed. 

With regard to the area referred to in your question, I am advised by the OPW that they can confirm that plans for the development of a flood relief scheme for the River Poddle are underway.  The river crosses two local authority boundaries, South Dublin County Council (SDCC) and Dublin City Council.  SDCC will take the lead role in the development of the scheme and will take proposals through planning and eventual construction.  The procurement process for consultants to develop the design is expected to be commenced shortly by SDCC.  The OPW has given a commitment in principle to fund the scheme, subject to it being viable from a cost perspective and being an environmentally acceptable scheme.

OPW also advises that there was a severe flooding event in October 2011, which affected the Poddle, with one of the main causes being blocked culverts. Some interim works have been carried out by SDCC which includes new debris screens on culverts on the river which are monitored by telemetry. Any alarms can be responded to quickly so that debris build-up can be removed in good time. Some improvements upstream have also been undertaken which has resulted in some flow being directed towards the River Dodder which lessens the amount of flood waters passing downstream on the Poddle.

The current flooding crisis has raised issues in relation to insurance and flooding. The Taoiseach and some other of my colleagues in Government met the insurance industry on Tuesday 12th January 2016 to discuss the industry's role in providing flood insurance and to obtain the industry's views on flood insurance issues such as those outlined in the correspondence supplied by the Deputy.  The Taoiseach asked the insurance industry to revert back within two weeks following further consideration of their approach to the provision of insurance in areas where demountable defences are in place, along with details on the availability of insurance in areas with flood defences.  The insurance industry did respond on Friday 22nd January and their response is under consideration.

In addition, my officials are undertaking detailed research on alternative options with the potential to ensure greater availability of flood insurance. This will be in the form of a comparative analysis of the different approaches to flood insurance in other countries.

Central Bank of Ireland Transactions

Questions (187)

Michael McGrath

Question:

187. Deputy Michael McGrath asked the Minister for Finance the amount of surplus generated by the Central Bank of Ireland, of the surplus in each of the years 2013 to 2015, inclusive, that relates to interest on Irish Government bonds held as a result of the promissory note deal; and if he will make a statement on the matter. [4449/16]

View answer

Written answers

I am advised by the Central Bank that the portion of interest income relating to the Irish Government Bonds held as a result of the promissory note transaction which contributed to the Bank's overall surplus in 2013 and 2014 was €817.1m in 2013 and €859.4m in 2014.

I am advised that the draft 2015 interest income earned relating to the Irish Government Bonds held as a result of the promissory note transaction was €669.9m.  However, this figure remains subject to the completion of the Central Bank's year end accounts and the related audit process.

Central Bank of Ireland Transactions

Questions (188)

Michael McGrath

Question:

188. Deputy Michael McGrath asked the Minister for Finance the amount of the surplus generated by the Central Bank of Ireland, of the surplus in each of the years 2013 to 2015, inclusive, that relates to capital gains on the sale of Irish Government bonds held as a result of the promissory note deal; and if he will make a statement on the matter. [4450/16]

View answer

Written answers

I am advised by the Central Bank that the capital gains arising from the disposal of Irish Government Bonds held as a result of the promissory note transaction in 2013 and 2014 amounted to €0.2m in 2013 and €717.9m in 2014.  These capital gains contributed to the Central Bank's overall surplus.

I am advised that the draft 2015 capital gains arising from the disposal of Irish Government Bonds held as a result of the promissory note transaction was €1,073.1m.  However, this figure remains subject to the completion of the Central Bank's year end accounts and the related audit process.

Central Bank of Ireland Transactions

Questions (189)

Michael McGrath

Question:

189. Deputy Michael McGrath asked the Minister for Finance the level of sale, in tabular form, of Irish Government bonds, held by the Central Bank of Ireland as a result of the promissory note deal, in each of the years 2013 to 2015, inclusive; how this compares with the minimum schedule of sales as published at the time; and if he will make a statement on the matter. [4451/16]

View answer

Written answers

Subsequent to the liquidation of IBRC the Central Bank acquired €25bn of Floating Rate Notes (FRNs) and €3.46bn of Government Fixed Coupon 2025 Government bonds. The Central Bank indicated a minimum disposal schedule of €0.5 billion up to the end of 2014, €0.5 billion per annum 2015 to 2018, €1 billion per annum 2019 to 2023 and €2 billion per annum after that until all the bonds are sold. However, the Bank also stated that it would dispose of the government bonds as soon as possible, provided conditions of financial stability permit. This position remains unchanged. Due to improved financial stability conditions, the disposals of fixed and floating rate government bonds from the Special Portfolio have been faster than the minimum.

EUR millions 

2013/2014

2015

Minimum Sales Schedule

500*

500

Sales of Irish government bonds

3,100**

2,861

Difference

2,600

2,361

*The applicable minimum schedule spanned from the date of liquidation in 2013 until the end of 2014.

**€350mn of Irish government bonds were disposed of in 2013.

State Investments

Questions (190)

Michael McGrath

Question:

190. Deputy Michael McGrath asked the Minister for Finance the value of the State's shareholdings in various banks; and if he will make a statement on the matter. [4452/16]

View answer

Written answers

The current value of the State's remaining investments in the banks is shown in the following table. 

Bank

Investment

Current value

Source of valuation

Allied Irish Banks

 

Equity

 

CoCo

€11.7bn

 

€1.6bn

As agreed between the Minister and AIB as part of the bank's recent capital reorganisation.

At par

Bank of Ireland

Equity

€1.4bn

ISE closing price 29th January 2016

PTSB

Equity

€1.3bn

ISE closing price 29th January 2016

Total

 

€16.0bn

 

Mortgage Arrears Rate

Questions (191)

Michael McGrath

Question:

191. Deputy Michael McGrath asked the Minister for Finance the estimate of mortgage arrears, by county; and if he will make a statement on the matter. [4453/16]

View answer

Written answers

The monthly mortgage arrears data published by my Department is collected from the six main lenders (ACC, AIB, Bank of Ireland, KBC, Ulster Bank and PTSB) is on a national level and consequently no regional breakdown of this data is available.

The Deputy will also be aware that the Central Bank of Ireland's (CBI) Mortgage Arrears and Repossession Statistics, published quarterly, are collected from a large number of reporting institutions and are designed to capture all mortgage loans secured on properties located in the Republic of Ireland. The data are provided on a national level only and no regional breakdown is available.

The Financial Stability Division of the Central Bank publishes the Household Credit Report twice yearly, the most recent report having been published on 18th August 2015. The figures in Figure 12 of the Household Credit Market report for H2 2015 come from the Central Bank's loan level data (LLD). The Figure outlines the percentage of loans that were in default by county in December 2014 from the Central Bank LLD. I am informed by the Central Bank that the LLD dataset provides information from a limited number of banks and consequently it does not capture the full mortgage market, as in the Residential Mortgage Arrears and Repossessions Statistics.

The County level percentage data underlying the latest published Household Credit Market report are as follows:

Default Rates on all Residential Mortgages by County (Per Cent of Loans)

December 2014 (Source: Central Bank of Ireland, Loan Level Data)

County

arrears  %

County

arrears  %

CARLOW

12.36

WATERFORD

12.02

LOUTH

14.12

GALWAY

10.11

MEATH

14.46

LEITRIM

14.46

OFFALY

12.89

MAYO

10.13

WESTMEATH

13.37

ROSCOMMON

12.41

WEXFORD

11.38

SLIGO

11.13

WICKLOW

10.47

CAVAN

15.02

CLARE

10.98

DONEGAL

13.16

CORK

8.83

MONAGHAN

10.94

KERRY

10.54

KILDARE

10.72

DUBLIN

9.60

KILKENNY

11.07

LIMERICK

10.36

LAOIS

14.20

TIPPERARY

10.34

LONGFORD

16.83

Life Insurance Policies

Questions (192)

Michael McGrath

Question:

192. Deputy Michael McGrath asked the Minister for Finance the recourse available to persons who believe they have been mis-sold a whole of life assurance policy; and if he will make a statement on the matter. [4456/16]

View answer

Written answers

If a consumer has made a formal complaint to the financial institution in question and is not satisfied with the outcome they may wish to refer the matter to the Financial Services Ombudsman to have it independently investigated.  

The Financial Services Ombudsman Bureau was established under the Central Bank and Financial Services Authority of Ireland Act 2004. The Financial Services Ombudsman is an out of court redress body that is free to the complainant. This legislation provides the Financial Services Ombudsman with various powers in order to determine jurisdiction on a complaint. Included in this is a statutory timeframe.

Section 57BX (3)(b) provides:

"A consumer is not entitled to make a complaint if the conduct complained of occurred more than 6 years before the complaint is made."

Therefore, the legislation prohibits the Financial Services Ombudsman from examining any aspect of a complaint where the conduct being complained of occurred more than 6 years prior to the receipt of the complaint in his Office.

My Department has been progressing the amalgamation of the Offices of the Financial Services Ombudsman and the Pensions Ombudsman. The question of the timeframe under which complaints can be reviewed is a policy matter which will be considered as the legislation to effect the amalgamation is being developed. I am of course mindful of the need to provide the necessary protection to the consumer over the longer term. However, the issues in this regard are complex involving a range of considerations including the interface with the Statute of Limitations, existing consumer protection laws, complaints mechanisms and the availability of records.

Of course, the Financial Service Ombudsman provides a free alternative dispute resolution service and people who believe they have been mis-sold a policy could opt to pursue the issue through the Courts instead.

Pension Levy

Questions (193)

Peter Mathews

Question:

193. Deputy Peter Mathews asked the Minister for Finance when the losses will be incurred, after he imposed a levy on private sector pensions, and be re-instated on those pensions; and if he will make a statement on the matter. [4591/16]

View answer

Written answers

I take it the Deputy is referring to the stamp duty levies applying to the assets of funded pension arrangements introduced in 2011 to pay for the Jobs Initiative, the chargeable persons for which are the trustees of pension schemes and others responsible for the management of pension fund assets.

The original 0.6% stamp duty levy on pension fund assets ended in 2014. The additional levy of 0.15% which I introduced for 2014 and 2015, mainly to help continue to fund Jobs Initiative, also ended last year.

The position is that the equivalent value of all of the money raised from the stamp duty levy has been used to fund the wide range of measures introduced in the Jobs Initiative to protect existing jobs and to help create new jobs and the Initiative has been a success in this regard.  The measures introduced include expenditure measures such as the JobBridge and Springboard schemes, as well as a number of tax and PRSI incentives such as the reduction in the VAT rate from 13.5% to 9% for the tourism and hospitality sectors and the halving of the lower employer PRSI rate. 

While the pension fund levies have ceased as I have already outlined, I have no plans to repay the pension fund levies collected as suggested in the question. The value of the funds raised by way of the levy has been used to protect and create jobs and this has helped to create the improving financial and economic position of the State. Taxpayers to whom the impact of the levy may have been passed on by the chargeable persons responsible for the payment of the levy (the pension scheme trustees, etc.) will benefit from the changes which I began in Budget 2015 and have continued in Budget 2016 to reduce the tax burden on low and middle income earners.

Ministerial Appointments

Questions (194)

Catherine Murphy

Question:

194. Deputy Catherine Murphy asked the Minister for Finance the details of appointments to State boards, by name of appointee, date of appointment and appointment through a public application process or otherwise, from 7 March 2011 to date; the number of vacancies on State boards under his remit; and if he will make a statement on the matter. [4617/16]

View answer

Written answers

In response to the Deputy's query, please find in tabular form, the name of each appointee made; the date of appointment; whether or not each appointee came through an advertised public application process or otherwise, and the number of vacancies which presently exist on State Boards, in period March 2011 to date 2015.  I have included ex-officio members in the table provided. 

I would ask the Deputy to note that the National Treasury Management Agency Advisory Committee, State Claims Agency and the National Development Finance Agency have all been dissolved following the commencement of the relevant sections of the National Treasury Management Agency (Amendment) Act 2014.

Central Bank Commission

Philip Lane       

26/11/2015

Ex-officio (Governor)  

2 existing vacancies; 0 to ariseSection 18CA(1)(b) of the Central Bank Act 1942, as amended, provides that the Central Bank Commission comprises of at least 6, but no more than 8, members appointed by the Minister.  The Commission currently comprises of 6 members appointed by the Minister. The Minister has the discretion to appoint 2 additional members.

 

Philip Lane       

21/10/2015 (as regular member)

By the Government decision that nominated him as Governor

 

 

Alan Ahearne  

8/03/2011; re-appointed 8/03/2015

No - Re-appointment

 

 

Blanaid Clarke 

Original Appointment 1/10/2010; re-appointed 01/10/2013

No - Re-appointment

 

 

Michael Soden               

Original Appointment 1/10/2010; re-appointed 1/10/2014

No - Re-appointment

 

 

Des Geraghty           

Original Appointment 1/10/2010; re-appointed 1/10/2014

No - Re-appointment

 

 

Patricia Byron 

1/01/2014

Via public call for expressions of interest 

 

 

John FitzGerald    

1/10/2010; re-appointed 1/10/2015

No - Re-appointment

 

 

Derek Moran  

15/07/2014

Ex-officio. Secretary General Department of Finance. Section 18CA of the Central Bank Act 1942

 

 

Stefan Gerlach

 1/09/2011 

Ex-officio. Deputy Governor Central Banking, Section 18CA of the Central Bank Act 1942   

 

 

Cyril Roux  

1/10/2013

Ex-officio. Deputy Governor Financial Regulation. Section 18CA of the Central Bank Act 1942   

 

 

John Moran

6/03/2012

Ex-officio. Secretary General Department of Finance. Section 18CA of the Central Bank Act 1942

 

Credit Union Restructuring Board

Bobby McVeigh           

31/08/2012

PAS process    

* Tom Kavanagh resigned 30 June 2014 and has not been replaced - No Vacancies

 

Eoin McGettigan           

31/08/2012

PAS process                                                         

 

 

Tom Kavanagh      

31/08/2012

PAS process                  

 

 

Brendan Burke    

31/08/2012

PAS process                  

 

 

Kathleen Prendergast 

31/08/2012

PAS process                  

 

 

Stephen O'Donovan    

31/08/2012

PAS process                   

 

 

Joe O'Toole                      

31/08/2012

Appointed by Minister as CUAC rep            

 

 

Pat Fay                  

31/08/2012

ILCU rep                        

 

 

Jimmy Johnstone  

31/08/2012

ILCU rep                       

 

 

Kevin Johnson         

31/08/2012

CUDA rep                     

 

 

Tom Molan                        

31/08/2012

CUMA rep        

 

 

Neil Ryan              

31/08/2012

DoF rep     

 

 

Elaine Byrne 

31/08/2012

CB rep    

 

Financial Services Ombudsman Council

Dermott Jewell        

Re-appointed 29/10/2013;

Re-appointed 29/10/2015

In view of the short term of the Council and the amalgamation of the Offices of the Pension Ombudsman and the Financial Services Ombudsman which will require the experience of the existing Council to effect, these positions were not advertised. The Public Appointment Services advertised for "Appointment to the Financial Services Ombudsman Council" in August 2015    

There are no current vacancies

 

Paddy Leydon              

Re-appointed 29/10/2013; Re-appointed 29/10/2015

In view of the short term of the Council and the amalgamation of the Offices of the Pension Ombudsman and the Financial Services Ombudsman which will require the experience of the existing Council to effect, these positions were not advertised. The Public Appointment Services advertised for "Appointment to the Financial Services Ombudsman Council" in August 2015    

 

 

Frank Wynn            

Re-appointed 29/10/2013; Re-appointed 29/10/2015

In view of the short term of the Council and the amalgamation of the Offices of the Pension Ombudsman and the Financial Services Ombudsman which will require the experience of the existing Council to effect, these positions were not advertised. The Public Appointment Services advertised for "Appointment to the Financial Services Ombudsman Council" in August 2015    

 

 

Caitríona Ní Charra    

Re-appointed 29/10/2013; Re-appointed 29/10/2015

In view of the short term of the Council and the amalgamation of the Offices of the Pension Ombudsman and the Financial Services Ombudsman which will require the experience of the existing Council to effect, these positions were not advertised. The Public Appointment Services advertised for "Appointment to the Financial Services Ombudsman Council" in August 2015    

 

 

Tony Kerr                 

Re-appointed 29/10/2013; Re-appointed 29/10/2015

In view of the short term of the Council and the amalgamation of the Offices of the Pension Ombudsman and the Financial Services Ombudsman which will require the experience of the existing Council to effect, these positions were not advertised. The Public Appointment Services advertised for "Appointment to the Financial Services Ombudsman Council" in August 2015    

 

 

Michael Connolly 

Re-appointed 29/10/2013; Re-appointed 29/10/2015

In view of the short term of the Council and the amalgamation of the Offices of the Pension Ombudsman and the Financial Services Ombudsman which will require the experience of the existing Council to effect, these positions were not advertised. The Public Appointment Services advertised for "Appointment to the Financial Services Ombudsman Council" in August 2015    

 

 

Elizabeth Walsh

Appointed 29/10/2013;

Re-appointed 29/10/2015

In view of the short term of the Council and the amalgamation of the Offices of the Pension Ombudsman and the Financial Services Ombudsman which will require the experience of the existing Council to effect, these positions were not advertised. The Public Appointment Services advertised for "Appointment to the Financial Services Ombudsman Council" in August 2015    

 

 

Valerie Bowens

20/01/2016

PAS

 

 

Deborah Reidy

20/01/2016

PAS

 

 

Ken Murnaghan 

20/01/2016

PAS

 

Irish Fiscal Advisory Council

Prof John McHale                                  

Appointed on 30/06/2011 on an administrative basis; statutory appointed on 31/12/2012

 

No vacancies envisioned at this stage within period 1 Jan - 1 Jun 2016

 

Sebastian Barnes    

Appointed on 30/06/2011 on an administrative basis; statutory appointed on 31/12/2012

 

 

 

Prof Alan Barrett

Appointed on 30/06/2011 on an administrative basis; statutory appointed on 31/12/2012 (resigned May 2015)

 

 

 

Donal Donovan

Appointed on 30/06/2011 on an administrative basis; statutory appointed on 31/12/2012 (Term expired 31/12/2014)

 

 

 

Dr Róisín O'Sullivan

Appointed on 30/06/2011 on an administrative basis; statutory appointed on 31/12/2012

 

 

 

Íde Kearney  

11/03/2015

PAS process under guidelines on appointments to State Boards

 

 

Michael G Tutty   

24/09/2015, term ended 31/12/2015 reappointed 01/01/2016

PAS process under guidelines on appointments to State Boards

 

 

Seamus Coffey  

01/01/2016

PAS process under guidelines on appointments to State Boards

 

National Asset Management Agency

Frank Daly                     

Appointed 22/12/2009, for 5-year term reappointed 22/12/2014 

Ministerial appointment

0 - the number of vacancies which will arise to June is listed as zero owing to the fact the 2 vacancies on the NAMA Board are already in existence (i.e. have arisen but have not been filled) and no other Board Member's term will end during Q1 2016.

 

Brian McEnery       

Initially appointed 22/12/2009 for a 4-year term, re-appointed 22/12/2013 for a 5-year term

Ministerial appointment 

 

 

William Soffe             

Initially appointed 22/12/2009 for a 4-year term, re-appointed 22/12/2013  for a 5-year term

Ministerial appointment 

 

 

Oliver Ellingham         

Appointed 10/04/2013 for a 5-year term

Ministerial appointment 

 

 

Mari Hurley                                         

Appointed 08/04/2014 for a 5-year term

Ministerial appointment 

 

 

Conor O'Kelly 

Commenced 5/1/2015 following his appointment as NTMA CEO

Ex-officio (NTMA CEO) 

 

 

Brendan McDonagh

22/12/2009

Ex-officio (NAMA CE0

 

 

John Corrigan

20/12/2009; role ceased 4 Jan 2015 following retirement as NTMA CEO

Ex-officio (NTMA CEO)

 

 

John Mulcahy

Appointed to the Board 07/03/212 for a 5-year term; resigned from NAMA and from the board with effect from 17/1/2014

Ministerial appointment

 

 

Michael Connolly

Appointed 22/12/2009 for 5-year term; resigned 25/11/2011

Ministerial appointment

 

 

Peter Stewart

Appointed 22/12/2009 for 3-year term; resigned 10/10/2011

Ministerial appointment

 

 

Steven A Seelig

Appointed 26/5/2010 for 3-year term; term completed 25/5/2013

Ministerial appointment

 

 

Eilish Finan

Appointed 22/12/2009 for a 4-year term; term completed 21/12/2013

Ministerial appointment

 

National Treasury Management Agency Members (The Board)

Willie Walsh                

18/12/2014

Ministerial appointment 

0

 

Mary Walsh                 

18/12/2014

Ministerial appointment 

 

 

Susan Webb              

18/12/2014

Ministerial appointment 

 

 

Martin Murphy         

18/12/2014

Following public advertisement process

 

 

Maeve Carton       

18/12/2014

Ministerial appointment 

 

 

Brendan McDonagh

18/12/2014

Ministerial appointment 

 

 

Derek Moran             

18/12/2014

Ex-officio member             

 

 

Robert Watt                

18/12/2014

Ex-officio member              

 

 

Conor O'Kelly            

18/12/2014

Ex-officio member          

 

National Treasury Management Advisory Committee - Dissolved 22 December 2014

Willie Walsh

11/11/2013

Ministerial nominee

N/A Dissolved 22 December 2014

 

Donald C. Roth 

16/12/2013

Re-appointment - first appointed 13/9/1990

 

 

John Moran                

06/03/2012

Ex-officio member   Sec Gen DoF      

 

 

Derek Moran

03/09/2014

Ex-officio member   Sec Gen DoF

 

National Pensions Reserve Fund Commission

Conor O'Kelly

22/12/2014

Ex-officio member

0

 

Maurice Keane

04/04/2012

Re-appointment - first appointed 5/2/2007

 

 

Dr Frances Ruane

01/07/2014

Re-appointment - first appointed 1/7/2009

 

State Claims Policy Committee - Dissolved 22 December 2015

Noel Whelan

01/07/2012

Re-appointment - first appointed 17/4/2002

N/A Dissolved 22 December 2015

 

Fachtna Murphy 

27/06/2012

Following public advertisement process

 

 

Wendy Thompson 

27/06/2012

Following public advertisement process

 

 

Mr Charlie Hardy  

27/06/2012

Department nominee (A Department of Health representative has, by convention, been appointed to the SCA Policy Committee).

 

 

Ms Mary Jackson 

04/12/2013

Department nominee (A Department of Health representative has, by convention, been appointed to the SCA Policy Committee).

 

National Development Finance Agency Board - Dissolved 23 January 2015

Brian Murphy 

Re-appointed 1 January 2013

Re-appointment - first appointed 17/4/2009

N/A - Dissolved 23 January 2015

 

Robert Watt

18/07/2012

Secretary General Department of Public Expenditure and Reform

 

 

Gerry Murray

18/07/2012

Following public advertisement process

 

 

Petrina Smyth

18/07/2012

Following public advertisement process

 

Strategic Banking Corporation of Ireland

Ann Nolan

Interim Appointment in 10/09/2014; Confirmed appointment 12/03/2015

Ministerial Appointment       

0

 

Nick Ashmore

Interim Appointment in 10/09/2014; Confirmed appointment 12/03/2015

Ex-officio                             

 

 

Tom McAleese        

24/03/2015

PAS Process                  

 

 

Barbara Cotter                 

18/03/2015

PAS Process                        

 

 

AJ Noonan                       

18/03/2015

PAS Process                         

 

 

Eilis Quinlan            

18/03/2015

PAS Process                  

 

 

Richard Pelly        

18/03/2015

PAS Process                          

 

 

Rosheen McGuckian

27/03/2015

PAS Process  

 

 

John Corrigan

Interim Appointment in 10/09/2014; Resigned 12/01/2015

Ex-officio                             

 

 

Conor O'Kelly            

Interim Appointment in 12/01/2015; Confirmed appointment 12/03/2015

Ex-officio                             

 

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