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Banking Sector Remuneration

Dáil Éireann Debate, Wednesday - 3 October 2012

Wednesday, 3 October 2012

Ceisteanna (81)

Micheál Martin

Ceist:

81. Deputy Micheál Martin asked the Minister for Finance if bank bonuses were discussed at the recent EU Council meeting; if any action will be taken; and if he will make a statement on the matter. [36899/12]

Amharc ar fhreagra

Freagraí scríofa

I attended the recent Informal ECOFIN Council meeting which took place on the 13th and 14th September in Cyprus. At this meeting the issue of bank bonuses was not discussed under any of the agenda items. I understand that the issue of bonuses has been raised by the European Parliament as part of the Trilogue considerations under the Capital Requirement Regulation and Directive. My officials are engaging proactively in these discussions through their engagement with the European Council.

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