Clearing House Group Minutes - Department of Taoiseach
Clearing House Group Minutes - Department of Taoiseach
Clearing House Group Minutes - Department of Taoiseach
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document were circulated at the meeting and would be made available online later in the day.<br />
The <strong>Taoiseach</strong> would be formally launching the Strategy and holding a press conference<br />
immediately after the conclusion <strong>of</strong> the meeting.<br />
4. AOB<br />
Tim Hennessy noted that further discussions had taken place between industry and the<br />
<strong>Department</strong> <strong>of</strong> Finance in relation to a possible call on the Insurance Compensation Fund<br />
arising from the failure <strong>of</strong> Quinn Insurance. The compatibility <strong>of</strong> the levy provisions with the<br />
Non-Life Directive was in question and concerns had been raised at an EU level by both DG<br />
Internal Market and DG Competition.<br />
The Chair indicated that this would be his last meeting in the role, and thanked the <strong>Group</strong> for<br />
their work. Brendan Bruen expressed thanks on behalf <strong>of</strong> the industry to the Chair and a<br />
presentation was made to the Chair in appreciation <strong>of</strong> his work and dedication over many<br />
years.<br />
5. Next Meeting<br />
The next meeting takes place at 8.30am on Thursday 8 September, 2011.
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