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

Ms Derville Rowland:

We are working on it now. We should make good progress in this quarter on many things. If I find trouble it will take me longer. That is to be expected, because we are not going to start doing a bad job now and leave things undone. However, we have our sights on where we need to look, if I can put it that way, and eight of our 11 on-site inspections on these issues are completed. We are making good progress and we have our sights on the issues. I believe we will have many of these matters tidied up and addressed, or certainly closed out everybody's thinking, before the end of March. However, there is a caveat. Where we find unexpected things we definitely will deal with them but that might take a little time, as the committee has seen. It is fine if it is smooth but it takes time to address issues.

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