Oireachtas Joint and Select Committees

Thursday, 18 April 2019

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

Matters Relating to the Banking Sector: Central Bank of Ireland

Ms Seana Cunningham:

I will give the committee a sense of what an enforcement investigation involves and the use of the powers we have. An enforcement investigation involves the production of documents under statutory request. It involves the conduct of interviews of staff and former staff of institutions on a voluntary or compelled basis. It can involve listening to voice recordings and authorised officers of the Central Bank on site. It can involve the review of CCTV footage. That is to give the committee a sense of what the enforcement investigations look like and how they can be conducted in the context of the powers we have at the moment.

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