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Departmental Correspondence

Dáil Éireann Debate, Wednesday - 24 March 2021

Wednesday, 24 March 2021

Questions (429)

Pearse Doherty

Question:

429. Deputy Pearse Doherty asked the Minister for Finance if he has received communication from the Central Bank regarding its investigation into a company (details supplied) prior to its enforcement action announced on 2 March 2021. [14087/21]

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Written answers

I would remind the Deputy that the Central Bank of Ireland is our independent financial services regulatory.  In undertaking its independent functions of supervising, investigating and carrying out an enforcement action with respect to the company that the Deputy has supplied details on, the Central Bank of Ireland did not notify me of the details of this enforcement action prior to its 2 March announcement.

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