Oireachtas Joint and Select Committees

Thursday, 24 October 2019

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

Tracker Mortgages Report: Central Bank of Ireland

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

Anyone looking in will be astounded that the numbers that were eventually brought in under the trackers were double those with which the banks came forward initially. It went from 20,000 to 40,000, which is shocking. It was a cover-up by the banks. How would Ms Rowland define the type of regulation that the Central Bank engages in now with the banks? Does she regard it as light-touch in nature?

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