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

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

Before Professor Lane deals with that, the Central Bank has carried out an important analysis of three different Brexit scenarios. In the event of the most adverse scenario materialising, does Professor Lane believe that Irish banks would need to raise additional capital? On foot of that assessment, would Professor Lane be encouraging the banks to increase their capital levels because of the risk that has been identified - it has not materialised - within the system?

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