Oireachtas Joint and Select Committees

Thursday, 9 March 2017

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

Scrutiny of EU Legislative Proposals

9:45 am

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

It does. My last question is in regard to the leverage ratio. There is a consensus that the leverage ratio will be easily fulfilled by the institutions so it does not seem to be anything that will in any way challenge the financial institutions. Therefore, in the Central Bank's view, is it not warranted that there would be a higher leverage ratio than what is suggested?

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