Written Answers Nos 69-85
69. Deputy Micheál Martin asked the Minister for Finance if he will report on his meeting with the Chancellor of the Exchequer, Mr. Philip Hammond, in London on 5 March 2018; the issues that were discussed; and if he will make a statement on the matter. [11924/18]
Amharc ar fhreagraMy meeting with Chancellor Hammond on 5 March provided an opportunity to engage constructively on the strong relationship between our countries, the importance of trade between the two economies, and on the many areas of common interest shared by Ireland and the UK.
In our discussion I reiterated to the Chancellor that the Irish Government fully respects the unity of the EU27 during negotiations and emphasised to the Chancellor the importance our Government attaches to doing everything possible to make progress in the Brexit negotiations.
70. Deputy Pearse Doherty asked the Minister for Finance if the Central Bank has directed all banks to apply a 20% discount on foreign currency earnings for the purposes of calculating qualifying income for a mortgage; if each bank is free to set its own policy in this regard; and if he will make a statement on the matter. [11928/18]
Amharc ar fhreagraThe Central Bank has advised the Minister that the European Union (Consumer Mortgage Credit Agreements) Regulations 2016 (the Regulations), which came into force on 21 March 2016, transposed the Mortgage Credit Directive into Irish law. Part 9 of the Regulations relates to foreign currency loans and provides for certain measures in relation to foreign currency loans.
A foreign currency loan in the Regulations means a credit agreement where the credit is in a currency other than that in which the consumer receives the income or holds the asset from which the credit is to be repaid, or is in a currency other than that of the EEA Member State in which the consumer is resident. While the Regulations provide a framework within which creditors must operate, including such matters related to exchange rate risk, the extension of credit via foreign currency by creditors to potential customers remains a commercial decision and is not precluded by the Regulations.
The Central Bank of Ireland’s Mortgage Measures do not specify any requirements in relation to foreign exchange earnings. Income is defined in the regulations (as gross annual income, before tax or other deductions, of the borrower), however they are not prescriptive in terms of how banks should arrive at this figure which would be determined by individual banks’ credit policies.
71. Deputy Michael McGrath asked the Minister for Finance the cost of regulating the financial sector in 2016 and 2017; the amount of regulatory fees collected by the Central Bank from each tier in the same period; the number of entities in each tier of regulated entity such as retail credit firm, licensed credit institution and so on in tabular form; and if he will make a statement on the matter. [11937/18]
Amharc ar fhreagraThe Central Bank have provided the table below outlining the costs of regulating the financial sector in 2016, and the budgeted cost of regulating the financial sector in 2017 (budgeted costs are being used as the Central Bank's financial statement for 2017 have not yet been finalised and published).
It should be noted that amounts levied do not equal the cost of financial regulation multiplied by the relevant contribution rate due to:
a) the impact of the smoothing of Central Bank pension costs; and
b) the decision that the domestic credit institutions covered by the Credit Institutions (Eligible Liabilities Guarantee) Scheme 2009 are required to fully fund the cost of the intensive level of supervision provided for as part of the Scheme. This was, however, partially offset by:
1. the continued capping of the credit union levy at 0.01 per cent of total assets.
2. an adjustment for under/over recovery of costs carried forward from the prior year.
|
Levies |
2016 (Actual) Cost of Financial Regulation €000 |
2016 (Actual) Contribution Rate % |
2016 (Actual) Amount Levied €000 |
2016 (Actual) No. of Entities |
2017 (Budget*)Cost of Financial Regulation €000 |
2017 (Budget*) Contribution Rate % |
2017 (Budget*) Amount Levied €000 |
2017 (Budget*) No. of Entities |
|
Credit Institutions |
43,527 |
50/100 |
40,967 |
59 |
50,804 |
65/100 |
38,016 |
54 |
|
Insurance Undertakings |
37,307 |
50 |
17,906 |
284 |
37,290 |
65 |
26,381 |
261 |
|
Intermediaries & Debt Management Firms |
5,820 |
50 |
3,192 |
2552 |
7,784 |
50 |
4,412 |
2,365 |
|
Securities and Investment Firms |
22,001 |
50 |
10,764 |
382 |
23,752 |
65 |
17,088 |
360 |
|
Investment Funds |
6,855 |
50 |
2,785 |
1328 |
7,388 |
65 |
5,001 |
1,250 |
|
Credit Unions** |
16,476 |
** |
1,483 |
350 |
17,433 |
** |
1,630 |
303 |
|
Moneylenders |
703 |
50 |
392 |
41 |
952 |
65 |
525 |
39 |
|
Approved Professional Bodies |
43 |
50 |
11 |
3 |
35 |
65 |
12 |
3 |
|
Bureaux de Change |
107 |
50 |
12 |
14 |
130 |
65 |
11 |
12 |
|
Home Reversion, Retail Credit & Credit Servicing Firms |
1,745 |
50 |
683 |
38 |
1,539 |
65 |
1,387 |
35 |
|
Payment Services & E-Money Institutions |
1,927 |
50 |
792 |
14 |
1,835 |
65 |
1,016 |
14 |
|
|
136,511 |
|
78,987 |
|
148,942 |
|
95,479 |
|
|
|
|
|
|
|
|
|
|
|
|
Fees |
|
|
|
|
|
|
|
|
|
Securities Market Supervision Activities |
9,372 |
*** |
2,738 |
N/A |
10,706 |
*** |
2,662 |
N/A |
|
Administrative Sanctions Enquiries |
6,197 |
0 |
0 |
N/A |
11,707 |
0 |
0 |
N/A |
|
|
|
|
|
|
|
|
|
|
|
TOTAL |
152,080 |
|
81,725 |
|
171,355 |
|
98,141 |
|
*Financial statement for 2017 have not yet been published
**Levy payable by a credit union is currently capped at 0.01% of total assets
***Fee payable based on number and type of transactions
72. Deputy Michael McGrath asked the Minister for Finance if a buy-to-let mortgage which has been on interest only since its commencement by agreement between a bank and a borrower can be classified as a non-performing loan; and if he will make a statement on the matter. [11977/18]
Amharc ar fhreagraAs Minister, I cannot comment on agreements made between a bank and a borrower. However, the Central Bank has provided the following information in relation to the classification of a non-performing loan:
As per the EBA Implementing Technical Standards on supervisory reporting and the ECB Guidance on non-performing loans, non-performing exposures are those that satisfy either or both of the following criteria:
1. material exposures which are more than 90 days past-due;
2. the debtor is assessed as unlikely to pay its credit obligations in full without realisation of collateral, regardless of the existence of any past-due amount or of the number of days past due.
There are instances where an exposure can remain a non-performing exposure, notwithstanding the fact that there are agreed forbearance terms with a lender and the borrower is meeting those terms. This can include instances attributable to the criteria outlined in point 2 above.
Again to reference the EBA Implementing Technical Standards on supervisory reporting;
When forbearance measures are extended to non-performing exposures, the exposures may be considered to have ceased being non-performing only when all the following conditions are met:
a. the extension of forbearance does not lead to the recognition of impairment or default;
b. one year has passed since the forbearance measures were extended;
c. there is not, following the forbearance measures, any past-due amount or concerns regarding the full repayment of the exposure according to the post forbearance conditions. The absence of concerns has to be determined after an analysis of the debtor’s financial situation. Concerns may be considered as no longer existing when the debtor has paid, via its regular payments in accordance with the post-forbearance conditions, a total equal to the amount that was previously past-due (if there were past-due amounts) or that has been written-off (if there were no past-due amounts) under the forbearance measures or the debtor has otherwise demonstrated its ability to comply with the post forbearance conditions.
These specific exit criteria shall apply in addition to the criteria applied by reporting institutions for impaired and defaulted exposures.
The full ECB guidance on NPLs and the EBA Implementing Technical Standards are published here:
https://www.bankingsupervision.europa.eu/press/pr/date/2017/html/sr170320.en.html
https://www.eba.europa.eu/documents/10180/449824/EBA-ITS-2013-03+Final+draft+ITS+on+Forbearance+and+Non-performing+exposures.pdf
73. Deputy Catherine Murphy asked the Minister for Finance if his attention has been drawn to the reported closure of the Central Bank print facility; the way in which it was decided to close the facility; if a currency print facility will be retained as a contingency to supplement the printing of euro notes in another jurisdiction; and if he will make a statement on the matter. [12018/18]
Amharc ar fhreagraAs communicated in the Central Bank’s Strategic Plan (2016 – 2018), the Central Bank announced that it intended to review its strategy for banknote production. The purpose of this review was to determine how the Central Bank meets its Eurosystem obligations for its allocation of annual Euro banknote production.
The review is completed but a decision has not yet been taken on the matter by the Central Bank Commission. However, the matter is scheduled for the Commission meeting at the end of March. The proposal from management involves sourcing the banknotes from within the Eurozone, and ceasing the printing of banknotes at the Central Bank’s Currency Centre. The proposal to source banknotes from within the Eurozone is in line with the approach taken in many other national central banks in the Eurozone (i.e. a number of national central banks within the Eurozone do not print banknotes themselves).
This proposed change will have no impact on the supply of banknotes in Ireland, the majority of which are produced elsewhere. All other currency related operations at the Sandyford Currency Centre would continue as normal.
As part of the proposal, the specialist banknote knowledge necessary to source and design banknotes will be retained within the Central Bank of Ireland. The subject of the proposal is the physical printing of the banknotes.
The Central Bank of Ireland is fully cognisant of its obligations to supply currency in all circumstances to the people of Ireland. The proposal is consistent with those obligations.
If the Commission take the decision to cease printing, a total of 45 staff (of the 170 staff in the Central Bank’s currency centre) will be impacted. The staff and their representatives are fully aware of the proposal.
The Central Bank does not intend to seek compulsory redundancies and is committed to redeployment and retraining opportunities for impacted staff. A voluntary severance package will also be made available to those staff.
If a decision is taken to cease printing, the Central Bank is committed to engagement with staff representative bodies through the normal industrial relations channels on the implications for impacted staff.
74. Deputy Róisín Shortall asked the Minister for Finance if inheritance tax must be paid before a house is sold in circumstances in which a house is willed to a person; and if so, the review that has been carried out on this arrangement in view of the effect it may have on the number of vacant dwellings in the State if the beneficiary is unable to afford or raise the amount of the tax in advance of the sale. [12090/18]
Amharc ar fhreagraI am advised by Revenue that the date on which inheritance tax (Capital Acquisitions Tax) falls due is determined by the ‘valuation date’ on which the market value of the assets and property included in an inheritance must be established. Where this date is between 1 January and 31 August, inheritance tax must be paid by 31 October in the same year. Where this date is between 1 September and 31 December, inheritance must be paid by 31 October in the following year.
Section 30 of the Capital Acquisitions Tax Consolidation Act 2003 contains the rules for determining the valuation date. The valuation date depends on the particular circumstances of a case and is not a fixed date in relation to all inheritances. It can be the date on which the assets and property included in an inheritance are given to a beneficiary or such earlier date on which the executors of the will become entitled to retain the assets or property for the benefit of a beneficiary. Generally, the executors are entitled to retain the property for the benefit of the beneficiary on the date on which probate or administration is granted. Where there is a delay in completing the administration of the estate after that date it may happen that inheritance tax falls due for payment before that administration is complete.
Where a person has an inheritance tax liability to pay due to an inheritance of ‘real’ property such as lands and buildings, he or she has a statutory entitlement to pay this liability by monthly instalments over a period of up to five years. Instalments are subject to the payment of interest at an annual rate of 8%. However, Revenue has discretion to allow payment of CAT by instalments over a longer period of time in exceptional circumstances where the tax cannot be paid without excessive hardship. In such circumstances, Revenue also has the discretion to allow payment to be postponed for such period and on such terms (including the waiver of interest) as it thinks fit. Revenue will consider each case on its merits, taking into account both the financial circumstances of the beneficiary and the nature of the inheritance involved.
I am also advised by Revenue that the fact that a beneficiary may have an outstanding inheritance tax liability does not prevent the beneficiary from selling an inherited house.
Given that, I cannot see how the review mentioned in your question would impact on the supply of vacant dwellings in the State.
75. Deputy Jim O'Callaghan asked the Minister for Finance the average time taken by the Financial Services and Pensions Ombudsman to assess and determine complaints made regarding financial institutions; the number of staff working on these complaints; and if he will make a statement on the matter. [12096/18]
Amharc ar fhreagra76. Deputy Jim O'Callaghan asked the Minister for Finance the number of complaints made to the Financial Services and Pensions Ombudsman in cases in which financial institutions have refused to co-operate or engage with those complaints; and if he will make a statement on the matter. [12097/18]
Amharc ar fhreagraI propose to take Questions Nos. 75 and 76 together.
Firstly, I must point out that the Financial Services and Pensions Ombudsman is independent in the performance of his statutory functions. I have no role in the day to day workings of his office. The Financial Services and Pensions Ombudsman (FSPO) was established on 01 January 2018 under the Financial Services and Pensions Ombudsman Act 2017.
The Ombudsman has advised me that as the organisation has only been in existence since the beginning of the year, it is considered that the data for this short period would not be helpful to the Deputy, and therefore the information provided below is based on the work of the Financial Services Ombudsman (FSO) for the year 2017 in relation to both its informal and formal processes.
I understand that the Financial Services Ombudsman closed a total of 3,867 complaints in 2017, which included:
- 1,202 complaints closed following registration, referral, and follow up with complainants
- 2,370 complaints closed through dispute resolution using mediation techniques
- 295 closed following investigation, adjudication and/or legal review.
Informal Process
Mediation provides a flexible and innovative approach to complaint resolution. For those complaints closed in 2017 via Dispute Resolution using mediation techniques, I understand that the times taken were as follows:
- 43% were closed within 2 months
- 67% were closed within 4 months
- 79% were closed within 6 months
- 21% took over 6 months to close.
Formal Process
Complaints not resolved through informal processes, and considered to be within jurisdiction, are subsequently formally investigated and adjudicated. As the investigation process involves regular exchanges of evidence, the length of this process is dependent on the number of submissions made by each party, and the complexity of the matters at hand.
For those complaints closed in 2017 following a full investigation and written adjudication, I understand that the times taken were as follows:
- 13% were closed within 1 year
- 65% were closed within 2 years
- 80% were closed within 3 years
- 20% took over 3 years to close.
The Financial Services and Pensions Ombudsman has a staff of 57, of which 4 employees are on temporary secondment from the Department of Employment Affairs and Social Protection. It is worth noting that the FSPO has a number of current vacancies, and that some staff are engaged in corporate roles which do not directly involve the processing of complaints.
On the issue more generally, the powers of the Ombudsman in relation to the investigation of a complaint are set out in Section 47 of the Act. Sections 47(3)a and 47(3)b grant the Ombudsman significant powers to require providers to furnish evidence relevant to his investigation, whereas Section 59 sets out how obstruction of the work of the Ombudsman may be dealt with. While on occasion, the Ombudsman has had cause to remind providers of these powers to ensure co-operation, a refusal to co-operate has not occurred and would not be tolerated by the Ombudsman.
77. Deputy Pearse Doherty asked the Minister for Finance the actions he and the Central Bank will take in response to the report by the Competition and Consumer Protection Commission on the car finance market; and if he will make a statement on the matter. [12129/18]
Amharc ar fhreagraAs the Deputy will be aware in 2017 the Competition and Consumer Protection Commission (CCPC) undertook the first comprehensive study of the Personal Contract Plans (PCP) market in the State. As part of its study the CCPC issued detailed questionnaires to all the financial institutions that underwrite PCP finance in the State. This allowed the CCPC to compile, for the first time, primary data relating to the number and value of PCP finance contracts issued. The report was published on Tuesday 6 March 2018 and is available at www.ccpc.ie.
The Central Bank has informed me that they have received a copy of the report from the CCPC.
My officials will examine the CCPC report and give careful consideration to what actions, if any, would be appropriate and will consult with relevant stakeholders.
On the issue more generally, the Central Bank regulates financial services institutions as set out under legislation but does not regulate individual financial products. Under current legislation the CCPC has responsibility for authorising and supervising the credit intermediaries which typically sell PCP contracts to consumers, including garages and retailers.
78. Deputy Willie Penrose asked the Minister for Finance if the provision that permits stamp duty relief for land involving the sale and purchase of land by farmers, which facilitates such considerations and which was part of the Finance Act 2017 and was to be commenced by way of signature on 15 December 2017 and which further appears not to have been implemented to date, will be implemented; and if he will make a statement on the matter. [12136/18]
Amharc ar fhreagra93. Deputy Peter Burke asked the Minister for Finance when he plans to sign the commencement order relating to consolidation relief for farmers regarding stamp duty; the length of time the exploration of state aid rules will take; and if he will make a statement on the matter. [12514/18]
Amharc ar fhreagraI propose to take Questions Nos. 78 and 93 together.
The measure to allow a farmer to claim relief from stamp duty where he or she sells and purchases land for the purposes of consolidating an existing farm holding has been introduced, subject to a commencement order after a full consideration of any administrative or EU state-aid requirements.
For the relief to operate, there must be both a sale and a purchase of land within a period of 24 months of each other. Where other qualifying conditions are satisfied, stamp duty will only be paid to the extent that the value of the land that is purchased exceeds the value of the land that is sold. A reduced rate of 1% will be charged on the excess, if any, of the purchase value. If the sale takes place before the purchase, then relief will be given at the time of purchase. However, if the purchase takes place first, then stamp duty will have to be paid but can subsequently be refunded when the sale takes place.
A number of qualifying conditions must be satisfied before the relief can apply. The most important condition is that Teagasc must issue a certificate stating that a sale and purchase or an exchange of farmland was made for farm consolidation purposes. This is the certificate that is currently required in relation to the capital gains tax relief. The criteria to be used by Teagasc for this purpose and the information to be supplied to Teagasc are contained in guidelines published by the Minister for Agriculture, Food and the Marine.
A purchaser of farmland must retain ownership of the farmland for a period of five years and must use the land for farming. Where any part of the land is disposed of before the end of this five-year holding period, the stamp duty relieved can subsequently be recovered by Revenue, or partly recovered as appropriate.
The Deputy may wish to note that the measure will apply to all transactions which took place after 01 January 2018, so farmers who consolidate their holdings prior to the commencement of the relief will still be eligible.
My Department is continuing to explore the potential State Aid aspects of the measure and this may take a little time.
79. Deputy Niamh Smyth asked the Minister for Finance further to Parliamentary Question No. 186 of 27 February 2018, the position regarding the matter (details supplied); and if he will make a statement on the matter. [12142/18]
Amharc ar fhreagraRevenue has advised me that the position in regard to the classification of the vehicle in question remains as stated in my reply to Parliamentary Question No. 186 of 27 February 2018.
Revenue has also confirmed that the review referred to by the Deputy was completed by the mentioned official prior to the Parliamentary Question and was reflected in the reply.
I am further advised that the official will make direct contact with the Deputy’s office to clarify the reason why the vehicle can not be classed as commercial.
81. Deputy Robert Troy asked the Minister for Finance if a case in which persons (details supplied) have been refused the help-to-buy scheme by the Revenue Commissioners will be examined. [12255/18]
Amharc ar fhreagraSection 477C(1) of the Taxes Consolidation Act 1997 sets out the definition of a ‘qualifying residence’ for the purpose of the Help to Buy (HTB) scheme. Specifically a qualifying property must be either:
a new building which, was not at any time used, or suitable, for use as a dwelling or,
a building which, was not at any time used, or suitable, for use as a dwelling (in whole or in part) but was converted for use as a dwelling.
I am advised by Revenue that the property in question has been on the Revenue record for a number of years, and Local Property Tax (LPT) was paid for the years 2013 to 2015 inclusive.
The property was purchased by the persons in question in 2015, who successfully applied for an exemption from LPT in 2017 on the basis that it had become uninhabitable and was no longer a ‘relevant residential property’ in accordance with the Finance (Local Property Tax) Act 2012 (as amended).
However, the legal definition of a qualifying residence for the HTB scheme is different to the LPT legislation and the property does not meet the qualifying criteria as set down. As a consequence, the HTB claim was refused by Revenue.
I am aware that the persons have appealed Revenue’s decision to the independent Tax Appeals Commission, which is the appropriate body to adjudicate on Revenue’s interpretation.
82. Deputy Clare Daly asked the Minister for Finance further to Parliamentary Question No. 52 of 6 March 2018, his plans to amend section 730GA of the Taxes Consolidation Act 1997 to exempt wards of court from exit tax (details supplied); and if he will make a statement on the matter. [12324/18]
Amharc ar fhreagraI understand that this matter is currently being considered by officials in my Department.
I would say that decisions concerning any changes to tax legislation, generally, are taken in the course of the annual Budgetary and Finance Bill process.
83. Deputy Michael McGrath asked the Minister for Finance the details of the liquidation of a company (details supplied); the mechanism by which persons will receive 100% of their claims; the timeframe involved in reaching a conclusion of this case; and if he will make a statement on the matter. [12357/18]
Amharc ar fhreagraSetanta was placed into liquidation by the Malta Financial Services Authority on 30 April 2014. As it was a Maltese incorporated company, the liquidation is being carried out under Maltese law.
The Deputy will be aware that under the Insurance Act 1964, as amended, monies may be paid out of the Insurance Compensation Fund (ICF), with the approval of the High Court, in relation to an insolvent insurer, to meet claims up to a limit of 65% or €825,000 of the claim, whichever is the lesser.
The Deputy will also be aware of my decision in principle that the State will ensure that Setanta third party claimants are compensated in full, which was announced on 30 January. The Department of Finance following consultation with the Office of the Attorney General, has clarified that there are no state-aid or other legal issues with this decision, and can now proceed with the detailed arrangements to implement it.
It is proposed to include an appropriate provision in the Insurance (Amendment) Bill, which is currently being drafted by my officials and the Office of Parliamentary Counsel. The Bill is expected to be published in the coming weeks. Once this is done the likely timeline for payment of the additional 35% will become clearer, including to those who have settled their claims and have already received compensation of 65% of their claim subject to the limit outlined above. This additional payment will be made in accordance with the revised administrative arrangements provided for in the Bill.
The liquidator for Setanta Insurance has informed me that as of 28 February 2018, there are 1,577 active claims, of these 573 claimants have been paid compensation from the ICF subject to the 65%/€825,000 limit.
I have also been informed that the Accountant of the Courts of Justice intends to make the next application to the High Court for approval for payment out of the ICF on the 16 April 2018 in relation to some 275 claims to the value of c €5.8m. Subject to the approval of the High Court, these payments will be paid within 15 working days from the date of the order and will be subject to the 65%/€825,000 limit.
It is important to note that only claims which have been settled can be included in applications to the High Court for payment from the ICF. The process of settling claims is still ongoing and it is hoped that by the State taking steps to ensure that third party claimants are compensated in full, this will encourage the settlement of all outstanding claims as quickly as possible.
84. Deputy Paul Kehoe asked the Minister for Finance if assistance will be made available to a person (details supplied) to pay outstanding PRSI and USC; and if he will make a statement on the matter. [12375/18]
Amharc ar fhreagraI am advised by Revenue that an official has already made contact with the person’s tax agent in regard to the issue in question.
The tax agent informed Revenue that the person was out of the country but has committed to deal with the issue immediately on his return.
Revenue has assured me that it will engage with the person as soon as he is available to conclude all outstanding matters.
85. Deputy Niall Collins asked the Minister for Finance the amount paid to each receiver appointed by NAMA since its establishment; and if he will make a statement on the matter. [12387/18]
Amharc ar fhreagraI wish to advise the Deputy that all receivers appointed to NAMA-secured properties are selected from NAMA's insolvency service provider panel which was established following a competitive public procurement process through which very competitive fixed-fee rates were achieved relative to prevailing market norms.
I am advised that, in general, fees are not paid to receivers directly by NAMA but are instead paid out of the proceeds of assets under receivership or the management of these assets, pending realisation. Fees for any particular insolvency are set by reference to the fees quoted by the insolvency practitioner as part of the public procurement process. All appointments are subject to on-going monitoring and evaluation and, in many cases, additional fee reductions are negotiated to ensure that fees are appropriate for the amount of work remaining on any given appointment. Typically fees reduce as the assignment progresses and the number of assets reduces by way of disposals or otherwise. However, this depends on the complexity of the insolvency and the issues that may emerge during its course.
The fees paid to receivers for their work on NAMA-secured assets from inception to end-2017 are outlined in the following table. This includes fees paid to receivers who were appointed to assets prior to the acquisition of the related loans by NAMA.
Receiver Payments by NAMA from inception to end-2017
|
IP FIRM |
Total IP Fees € |
|
|
1 |
Alder King |
8,502 |
|
2 |
Allsop |
1,201,541 |
|
3 |
Bannon Commercial |
320,643 |
|
4 |
BDO |
4,310,228 |
|
5 |
BDO UK |
2,607,426 |
|
6 |
Begbies Traynor |
948,850 |
|
7 |
BNP/Allsops |
2,360 |
|
8 |
BTW Shiells |
160,524 |
|
9 |
Capita Symonds |
86,138 |
|
10 |
Cavanagh Kelly |
30,337 |
|
11 |
CBRE |
264,346 |
|
12 |
CBRE UK |
188,525 |
|
13 |
Chantrey Vellacott |
365,977 |
|
14 |
Colliers |
22,950 |
|
15 |
Colliers UK |
13,216 |
|
16 |
Cordes & Co |
109,671 |
|
17 |
Crowe Howarth |
2,956,272 |
|
18 |
Cushman Wakefield (UK) |
6,724 |
|
19 |
CVR Global |
115,000 |
|
20 |
Deloitte |
7,515,703 |
|
21 |
Deloitte (UK) |
818,301 |
|
22 |
Douglas Newman Good |
260,833 |
|
23 |
Dr Peter Minuth (Piepenburg Geerling) |
588,000 |
|
24 |
DTZ |
188,600 |
|
25 |
DTZ - Now CBRE |
7,500 |
|
26 |
Duff & Phelps (Formerly FGS) |
9,289,347 |
|
27 |
Duff & Phelps LLP |
1,658,357 |
|
28 |
EY |
5,191,254 |
|
29 |
EY UK |
153,400 |
|
30 |
Eddisons |
13,275 |
|
31 |
Edward Symmonds/LSH |
95,758 |
|
32 |
Edward Symmons |
117,692 |
|
33 |
Ferris & Associates |
1,888,825 |
|
34 |
Friel Stafford |
382,405 |
|
35 |
FRP Advisory |
657,649 |
|
36 |
Ganly Waters (formerly Knight Frank) |
238,197 |
|
37 |
Grant Thornton |
14,170,731 |
|
38 |
Grant Thornton (UK) |
4,905,244 |
|
39 |
GVA Bilfinger |
30,000 |
|
40 |
GVA Donal O'Buachalla |
1,017,648 |
|
41 |
GVA Grimley |
818,659 |
|
42 |
HBC |
41,150 |
|
43 |
Hooke & McDonald |
90,201 |
|
44 |
Hughes Blake |
1,235,049 |
|
45 |
HWBC |
1,541,521 |
|
46 |
HWBC Allsop |
34,173 |
|
47 |
Irvine Nott |
5,900 |
|
48 |
Johnston Carmichael |
154,580 |
|
49 |
Jones Lang LaSalle |
478,923 |
|
50 |
Keenan Corporate |
1,055,505 |
|
51 |
Knight Frank (now Ganly Walters) |
30,600 |
|
52 |
KPMG |
10,139,670 |
|
53 |
KPMG UK |
3,613,006 |
|
54 |
LSH (previously BTW Sheils) |
588,126 |
|
55 |
Lisney |
931,114 |
|
56 |
Mason Owen Lyons |
157,045 |
|
57 |
Mazars |
8,558,658 |
|
58 |
McKeogh Gallagher Ryan |
2,564,665 |
|
59 |
McPeake Auctioneers |
36,280 |
|
60 |
McStay Luby |
2,920,443 |
|
61 |
Moore Stephens Nathans |
42,515 |
|
62 |
O'Connor Pyne & Co Limited |
21,125 |
|
63 |
O'Dwyer Property Management |
875,146 |
|
64 |
Osborne King |
25,618 |
|
65 |
PKF O'Connor Leddy Holmes |
12,691 |
|
66 |
PKF/BDO UK |
369,635 |
|
67 |
PwC |
7,526,964 |
|
68 |
PwC UK |
1,020,285 |
|
69 |
RSM Ireland / Baker Tilly |
4,957,148 |
|
70 |
RSM McClure Watters |
1,038,105 |
|
71 |
RSM UK / Baker Tilly (UK) |
5,068,335 |
|
72 |
Russell Brennan Keane |
1,548,685 |
|
73 |
Savills |
1,770,178 |
|
74 |
Smith Williamson |
1,333,065 |
|
75 |
SPW UK |
149,326 |
|
76 |
WK Nowlan |
272,070 |
|
Total |
123,934,103 |
