Irish League of Credit Unions

Lobbying Organisation Irish League of Credit Unions

Date published 16 May, 2024

Relevant Matter Legislation

Public Policy Area Banking and Financial Institutions

Period 1 Jan, 2024 to 30 Apr, 2024

Specific Details Increase in the Deposit Guarantee Scheme contributions from Credit Unions

Intended results Highlight to Minister McGrath and Minister Jennifer Carroll MacNeill the significant unexplained increase by the Central Bank of Ireland in the Credit Union contributions to the Deposit Guarantee Scheme

Name of person primarily responsible for lobbying on this activity David Malone

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.

Letter (1)

The Central Bank of Ireland issued invoices to Credit Unions seeking €32 million for the Deposit Guarantee Scheme. This represented a 45% increase on the previous year with limited explanation of the increase

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.

Michael McGrath Minister (Department of Finance)

Jennifer Carroll MacNeill Minister of State (Department of Finance)