Oireachtas Joint and Select Committees

Thursday, 6 July 2017

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

ECOFIN Meeting: Minister for Finance

9:30 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I am talking about recent times. The Central Bank produces quarterly reports. I am sure that if a risk manager reports one matter, it is deemed a breach of legislation and, therefore, must be acted upon. Has a breach been reported over the past number of years? The Central Bank, in its report, noted a concern that the current banks were reverting back to their irresponsible activities of the past but I will not go into the matter now.

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