Oireachtas Joint and Select Committees
Thursday, 13 June 2013
Public Accounts Committee
Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed)
2:20 pm
Mr. Matthew Elderfield:
Not on the bank side. To the extent to which there might be a debt-for-equity swap in the future or for more capital to be available, we are telling the banks they must increase their provisions and deal with their mortgage arrears and that we will come and stress test them shortly.
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