Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Gabhaim buíochas leis na finnéithe fá choinne na gcuir i láthair ón Roinn agus ón mBanc Ceannais. Caithfidh mé a rá gur ábhar iontach casta é seo, ach rinne na cuir i láthair sainmhíniú ar chúpla cheann de na príomhcheisteanna. I thank the officials for their presentations on a highly complex area. It is interesting to hear from the Department and Central Bank of Ireland as their presentations differ, with the Central Bank taking a more cautious and, in some respects, critical approach, while the Department appears to be broadly supportive, to use Mr. Gilvarry's words, of the proposals. I would like to tease out some of the issues. Will the Central Bank witnesses elaborate on the bank's concern regarding the proposal to narrow the scope of Pillar 2 capital add-ons. Why is the Central Bank opposed to reducing the flexibility available to supervisors? Will the witnesses provide some examples to illustrate the reason for the Central Bank's concerns? Will the witnesses from the Department explain the reasons the Department does not share the Central Bank's concerns on this matter?