Oireachtas Joint and Select Committees
Tuesday, 23 January 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Tracker Mortgages: Allied Irish Banks
4:00 pm
Mr. Bernard Byrne:
We have outlined what we believe the position to be in this respect. I know that the committee has had a similar conversation with the Central Bank about it. We have gone through a fairly rigorous process with our own set of considerations. The process has been challenged, including by the Central Bank, and we believe the interpretation is correct. I am not going to comment on legal cases which may emerge. If anything were to occur, I would need to see the world as it would be then. I am not going to speculate.
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