Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

This legislation does give the power to the Central Bank to do that. My officials have indicated that section 64, the proposed new section 33BC(3A) of the Act of 1942 states, "If the Bank has entered into an agreement with a person under section 33AV, it may publish, subject to subsection (4), in such form and manner as it thinks appropriate ... the following particulars”, which include the name, the details of the contravention and details of any sanction where imposition is accepted under the agreement. The power is therefore there for it to be done in the event of a contravention. Where a contravention has been committed and where the Central Bank has entered into an agreement, it does have the power to publish the details that I have just outlined. The Central Bank may decide over time that this is an operational matter and it may indicate how many of these agreements it has entered into and their broad nature.