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Departmental Funding

Dáil Éireann Debate, Thursday - 8 September 2022

Thursday, 8 September 2022

Ceisteanna (426)

Pearse Doherty

Ceist:

426. Deputy Pearse Doherty asked the Minister for Finance the funding allocated towards economic crime and financial fraud in each of the years from 2014 to 2021 and to date in 2022; and if he will make a statement on the matter. [44293/22]

Amharc ar fhreagra

Freagraí scríofa

As the Deputy will be aware, there are a number of different State agencies involved in fighting economic crime and financial fraud, including An Garda Síochána and the Corporate Enforcement Authority. Of the bodies under the aegis of my Department, the Central Bank of Ireland, as regulator of the financial services industry, has a role in this regard.

While it is the mandate of the Central Bank to safeguard monetary and financial stability and to work to ensure that the financial system operates in the best interests of consumers and the wider economy, the Bank advises me that it is not in a position to share details regarding its funding allocated specifically towards economic crime and financial fraud.

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