Oireachtas Joint and Select Committees

Wednesday, 14 February 2024

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Engagement with the Central Bank of Ireland

Ms Derville Rowland:

There were different moving parts and then things were transferred into other parts of the banking system. I believe we had a regulatory oversight role in the normal way of that event, but because there was a lot of operation of law, I just wanted to give a correct and fully accurate answer. In the end, there were promissory notes, and there were a lot of complications in that, but I believe that we had oversight.

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