Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

I welcome our guests. My colleagues will ask more questions later, but I will focus on two issues regarding the impact on consumers of Covid-19. I am sure that Mr. Makhlouf is aware of the response, issued on 22 June, of the deputy governor of the Central Bank to detailed questions from me. In that response, Ms Sharon Donnery, the deputy governor, stated that the EBA guidelines do allow for payment moratoria to be applied where interest does not accrue for the moratorium period without of itself triggering forbearance classification or changes to capital requirement for the duration of the payment break. I am sure Mr. Makhlouf agrees with that assessment. Does that mean that the regulator does not require banks to charge interest during the payment break period?