Oireachtas Joint and Select Committees
Wednesday, 23 March 2022
Committee on Budgetary Oversight
Pre-Stability Programme Update Scrutiny (Resumed): Central Bank of Ireland
Dr. Mark Cassidy:
We have estimates. The main exposure to Russian money would relate to financial vehicles called special purpose vehicles. They are not related to the domestic economy in that they flow between Russian financial entities. Our estimates are that these special purpose entities hold around €37.1 billion of Russian-issued assets.
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