Banking & Payments Federation Ireland

Lobbying Organisation Banking & Payments Federation Ireland

Date published 21 Sep, 2017

Relevant Matter Public policy or programme

Public Policy Area Banking and Financial Institutions

Period 1 May, 2017 to 31 Aug, 2017

Specific Details Email regarding change to quarterly ISI Statistics publication

Intended results To offer feedback on ISI Statistics publication, specifically in relation to the expired protective certificate statistic. BPFI believes the table as featured misrepresents creditor position and suggested appropriate amendments.

Name of person primarily responsible for lobbying on this activity Niamh Murphy

Did any Designated Public Official(DPO) or former Designated Public Official(DPO) carry out lobbying activities on your behalf in relation to this return? You must include yourself, and answer Yes, if you are a current DPO or a DPO at any time in the past. (What is a Designated Public Official?) No

Did you manage or direct a grassroots campaign? No

Was this lobbying done on behalf of a client? No

Lobbying activity

The following activities occurred for this specific Subject Matter Area.

Email (1)

Recommendation offered: BPFI welcomes the growth increase of new applications for insolvency arrangements. BPFI expresses concern at the inclusion of further information in relation to expired protective certificates in the report under the ‘Creditor Acceptance / Rejection’ heading of ‘No’. It appears that in these cases, the Creditor has not voted on a proposal or that there was never a proposal brought forward by the PIP. We believe the table misrepresents the position of Creditors as they have not rejected a proposal as implied by the positioning of the ‘Protective Certificates expired’ row in the Outcome table on page 7. We also believe that the heading of the section should be amended to read ‘3. Outcome of Protective Certificate’ and that ‘Protective Certificates expired’ should be added as a third heading separate to the table on Creditor Acceptance / Rejection.

Designated public officials lobbied

The following DPOs were lobbied during this return period on this specific Subject Matter Area. These DPOs were involved in at least one of the Lobbying Activities listed above, but not necessarily all of them. As returns are specific to a Subject Matter Area the above Lobbying Activities may be associated with multiple returns.

Lorcan O'Connor Director (The Insolvency Service of Ireland)