33. Deputy Michael McCarthy asked the Minister for Finance the position regarding the 75,000 Setanta Insurance policyholders, most of whom are small to medium-sized enterprises; the steps taken to assist these policyholders; the role of the Financial Regulator in this matter; if he will address the weakness in the regulatory system which has allowed this company to avail of EU rules, essentially allowing it to be regulated in another EU jurisdiction while operating solely in this jurisdiction; and if he will make a statement on the matter. [23747/14]

Summary

33. Deputy Michael McCarthy asked the Minister for Finance the position regarding the 75,000 Setanta Insurance policyholders, most of whom are small to medium-sized enterprises; the steps taken to assist these policyholders; the role of the Financial Regulator in this matter; if he will address the weakness in the regulatory system which has allowed this company to avail of EU rules, essentially allowing it to be regulated in another EU jurisdiction while operating solely in this jurisdiction; and if he will make a statement on the matter. [23747/14]

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• Insurance Industry Regulation

  xml · EN · 4 June 2014

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