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Central Bank of Ireland Staff

Dáil Éireann Debate, Thursday - 23 February 2017

Thursday, 23 February 2017

Ceisteanna (156)

Michael McGrath

Ceist:

156. Deputy Michael McGrath asked the Minister for Finance the number of staff vacancies in the enforcement section of the Central Bank; the specific roles that are vacant; if the vacancies are in the enforcement advisory section or the enforcement investigations section; and if he will make a statement on the matter. [9516/17]

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Freagraí scríofa

I am informed by the Central Bank that its Enforcement function has grown substantially in the past year, with a total of 77 employees (53 in Investigations and 24 in Advisory) as at 31 January 2017, compared with 54 employees at the same time last year.

The Bank informs me that there are currently a total of 26 vacancies within Enforcement; 12 in the Investigations Division and 14 in the Advisory Division. These vacancies span the following roles: Enforcement Manager (2), Senior Lawyer (10), Lawyer (7) and Business Support (7).

It should be noted that the Central Bank Commission has approved additional complement for 2017 to circa 1,800, which will be a target net increase of 200 staff on the total at end 2016, and the above vacancies should be seen in this context.

Furthermore, the Governor has also previously indicated that where further resources are necessary due to an expanded universe of regulated and supervised firms, the Central Bank will increase staff numbers as necessary.

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