Oireachtas Joint and Select Committees

Thursday, 18 January 2018

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

Tracker Mortgages: Central Bank of Ireland

9:30 am

Professor Philip Lane:

What I am telling the Senator is that throughout this period, the Central Bank was intervening and taking action. We have been reporting all the time about what we are up to. In addition, what I am saying to the Senator is that as this comes to a conclusion, we will carry out a look back. There are different types of look back, some of which, honestly speaking, will be in the nature of internal audit, which is more typically a private report, in order for some issues that might involve private information within a bank to be dealt with. Just as we have been reporting to the committee throughout, we will report to it at the end. We will provide as much information as we can in the public way.

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