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

I have a question on the general oversight of confidentiality clauses regarding the Central Bank and the insolvency legislation which is working its way through the system. Certain targets have been met - by the end of this month 25% of unresolved mortgage books have to be put in place. One of the features is that the banks are engaging on confidentiality clauses with customers. I do not have a difficulty with this because somebody could avail of a write-down of €25,000 and before it gets out the other door of the bar the figure has become €150,000; therefore, there has to be some restraint on the information. However, I am concerned about how the Central Bank gains access to that information and its level of oversight to see to it that there is uniformity between the banking institutions. Has the Information Commissioner given any consideration to this? It is not so much an FOI issue, but the Central Bank which operates on willowy ground would have access to information.