Oireachtas Joint and Select Committees

Thursday, 10 May 2018

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

Banking Sector: Quarterly Engagement with the Central Bank of Ireland

9:30 am

Ms Derville Rowland:

A decision has been taken about the open investigations and they are under way. We will keep under review further cases where the conduct merits such a reaction. This will remain an open prospect depending on what we discover as we look through cases in detail. With respect to the Senator's question on previous enforcement actions, I do not have the particular sub-set of information available because since enforcement in the Central Bank was established there are more than 110 enforcement outcomes delivering more than €60 million fines. There are also disqualifications. The enforcements relate to a wide variety of issues, some of which will relate to mortgage lending, conduct issues and so on, the public outcomes on which have been made available and are on the Central Bank website. I am happy to write to the Senator with the detail.

Comments

No comments

Log in or join to post a public comment.