Oireachtas Joint and Select Committees

Tuesday, 20 December 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking Sector in Ireland: Central Bank of Ireland

11:00 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

I thank Mr. Sibley for clarifying that point.

My next question relates to the global restructuring group. The Central Bank has replied to the concerns of the committee regarding the global restructuring group run by the Ulster Bank and RBS. Can the Central Bank representatives clarify the type of interaction the bank has had with Ulster Bank on this issue? When did it start? Have Central Bank representatives discussed the matter? Are there formal documents or records relating to correspondence or the connections of the Central Bank on the matter?

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