Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

Let us say a bank has a significant high-street retail structure and also a very significant investment arm. I understand each of these arms will be siloed separately so contagion will not spread from one to the other, and so the investment side of the bank will not collapse and transfer the contagion to the depositor or retail side. The Department of Finance has made a recommendation in recent weeks and has given targets to the banks with regard to examination of their distressed mortgage loan books. They are to have so much dealt with by the end of quarter two. Is the Central Bank asking the banks that fall under its remit to determine how much asset and liability exposure they have in either area?