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Financial Instruments

Dáil Éireann Debate, Wednesday - 26 July 2017

Wednesday, 26 July 2017

Questions (169)

Richard Boyd Barrett

Question:

169. Deputy Richard Boyd Barrett asked the Minister for Finance the volume of trade that took place in futures and all other financial transactions in 2016. [36313/17]

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Written answers

I am informed that the Central Bank has access to data on transactions in derivatives reported by Irish counterparties to a trade repository under the provisions of Regulation 648/2012 on OTC Derivatives, Central Counterparties and Trade Repositories (“EMIR”). The Central Bank notes that concerns remain about the quality of this data. 

Under law, the Central Bank is limited in the level of commercial information it can comment on publicly.

It is unclear what specific information the Deputy requires in terms of all other financial transactions and clarity on this is required.

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