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

Can I ask about the transferred Ulster Bank accounts that eventually ended up with NatWest? This issue is not on the agenda but I have read about it in the Financial Timesand other publications. I am watching what is going on in the UK and the allegations that are being made regarding the Ulster Bank launching, potentially, enormous liabilities against SMEs, some of which are in Northern Ireland and in southern Ireland. Some of these allegations have come from a former head of capital at the Royal Bank of Scotland, RBS, and these accounts ended up in its global restructuring group, GRG. Has the Central Bank got sight of the issue? Is the Central Bank concerned about the Irish customers within those banks? Has the Central Bank sought information on the matter and how will it proceed?