Oireachtas Joint and Select Committees
Thursday, 19 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
9:30 am
Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source
We obviously need to take the Central Bank at its word in this matter. I would expect that Mr. Sibley would be able to provide us with some picture of high-level exposure in respect of Irish banks. Without going into the individual institutions, which would be counterproductive in terms of market sensitivities and so on, under the three scenarios of the Central Bank's assessment, can he give us a sense of just how exposed the financial sector is to UK mortgages? Is this something not to worry about at all? Is that what the report concludes? Is there anything to worry about here?
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