Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

Brexit is obviously not the only risk on the horizon for financial institutions. Let us assume - I hope it does not materialise - that the most adverse scenario from the Central Bank's assessment comes to pass and that we will see capital being used up in respect of those loan defaults. Is it Professor Lane's view that the capital remaining within the institutions would be sufficient, or would there be a requirement for the bank to raise additional capital? On foot of this assessment carried out by the Central Bank, will it require or encourage financial institutions with exposure to the UK mortgage market to increase their capital levels?