John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I am sorry for cutting across Mr. Madouros, but the Central Bank cannot prevent them from investing in forestry, housing or anything else. The bank's job is regulation. Deputy Durkan was asking a specific question and I am trying to tease it out. It is for the investment funds to make a decision as to where they will invest. If they are in Ireland, they come up on the radar of the Central Bank. If they are not, then the actual fund does not. Perhaps Mr. Madouros does not wish to say anything about this but I will leave that to him. Does he accept, in respect of these kinds of funds that buy up blocks of apartments, housing schemes, forestry or anything else, that there is a risk to society, let alone the economy, if something should happen to these funds because they would leave tenants exposed and blocks of land under question in terms of the ownership and usage, the legal framework, etc. Is that the case?