Paschal Donohoe

To seek clarification that AIB no longer fell within the definitions of “Covered Institution” and “Participating Institution” under ELG/CIFS and requesting guidance on how to manage certain reporting and compliance obligations thereunder going forward.

Support EU ambition to simplify processes and reduce compliance costs for firms, to drive capital market integration, and to maintain resilient and well-functioning equity markets

Highlight key credit union issues including restrictions on credit union investments and to highlight the disincentive for credit unions to invest in government bonds

To communicate the support and concerns of the insurance industry for the delivery of pragmatic pensions and life assurance policy, including engagement on Insurance Ireland's Code of Practice for Cancer Survivors, the recommendations of the Funds Sector Review, an Irish Savings…

To inform discussion of insurance issues within government, including the Action Plan for Insurance Reform and Ireland for Finance, discussing Insurance Irelnd's Pre-Budget Submission, making submissions to the Oireachtas Committee on Enterprise, Tourism and Employment on cost…

To highlight reforms to improve effectiveness and proportionality of Solvency II regime, Retail Investment Strategy, European Commission proposal for an insurance recovery and resolution directive, the Omnibus Simplification Package, the Savings and Investment Account…

To discuss housing development finance and the collaboration between ISIF and the national banking sector on the provision of additional equity finance.

To thank Minister Donohoe and Minister Troy for their role in finalising the reviews of the Credit Institution Resolution Fund levy and Stabilisation Fund levy

raise awareness of issues, re establish the banking forum

To inform discussion of insurance issues within government, including the Judicial Council recommendation to increase personal injury awards, also responding to consultations like the Action Plan for Insurance Reform, Ireland for Finance, and raising proposals to make the sector…

To highlight reforms to improve effectiveness and proportionality of Solvency II regime, Retail Investment Strategy, European Commission proposal for an insurance recovery and resolution directive, the Omnibus Simplification Package including the Corporate Sustainability…

To communicate the support and concerns of the insurance industry for the delivery of pragmatic pensions and life assurance policy, including engagement on Insurance Ireland's Code of Practice for Cancer Survivors, the recommendations of the Funds Sector Review, an Irish Savings…

To raise awareness of macro economic issues, general insurance, health insurance and pension policy affecting the insurance industry.

The intended result of the communication with the Designated Public Official was to highlight issues in the banking sector and the potential measures for consideration in Budget 2026 to address these issues

To amend the Credit Union regulations - specifically regulation 4(1) of SI 1 of 2016 to include 4 words. These four words 'excluding Irish Government Debt' aligns the credit union regulations with that of the banking sector