Dáil Éireann Debate, Wednesday - 16 November 2022
65. Deputy Sean Sherlock asked the Minister for the Environment, Climate and Communications the engagement his officials have had regarding the current financial status of An Post, either directly with An Post representatives or with persons or entities such as ComReg, who have knowledge of the regulatory accounts and other such annual accounts of An Post. [56994/22]
View answerMy Department has responsibility for the postal sector, including the governance of An Post, to ensure that the company is fully compliant with the code of practice for the governance of State bodies and the governance functions included in the statutory framework underpinning An Post. While the management of company finances are a matter for the Board and Management of An Post, I, as Shareholding Minister, am kept informed on developments and the company's capacity to deliver on its strategy. My officials have quarterly meetings with An Post and these meetings are also attended by officials from the Department of Finance, Department of Public Expenditure and Reform and NewERA. The finances of the company are a standing item on the agenda for the quarterly meetings.The company's finances are a key consideration in requests for Ministerial consent and my officials engage in detail with colleagues in the Departments of Finance and Public Expenditure and Reform and seek the advice of NewERA in all such matters.My officials also have regular meetings with ComReg in the context of ComReg’s role as regulator for the postal sector and the company's financial capacity to deliver on its regulated functions.
