135. Deputy Joe McHugh asked the Minister for Finance the protection or regulation currently in place for Irish persons who take out policies with foreign financial companies who set up here but are licenced by foreign financial services authorities; if or when these institutions become insolvent; if there are any solutions provided by the Central Bank of Ireland available to those persons who find themselves in this predicament due to recent events (details supplied); his views on foreign financial services being provided in Ireland but not falling under the regulator's or Central Bank of Ireland's remit; and if he will make a statement on the matter. [22867/14]

Summary

135. Deputy Joe McHugh asked the Minister for Finance the protection or regulation currently in place for Irish persons who take out policies with foreign financial companies who set up here but are licenced by foreign financial services authorities; if or when these institutions become insolvent; if there are any solutions provided by the Central Bank of Ireland available to those persons who find themselves in this predicament due to recent events (details supplied); his views on foreign financial services being provided in Ireland but not falling under the regulator's or Central Bank of Ireland's remit; and if he will make a statement on the matter. [22867/14]

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• Insurance Industry

  xml · EN · 27 May 2014

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