Oireachtas Joint and Select Committees

Wednesday, 11 June 2025

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

Israeli Bond Programme: Central Bank of Ireland

2:00 am

Photo of Cian O'CallaghanCian O'Callaghan (Dublin Bay North, Social Democrats) | Oireachtas source

I am not asking the Central Bank to make it up. I am asking it to have regard to international law and the rule of law, and to follow the law. Mr. Cross said we need to follow the law, but he is only citing one aspect of the law and ignoring the rest of it. EU law states that the Central Bank may restrict or prohibit offerings of financial instruments if they provide significant investor protection concern. What is the Central Bank's understanding of what constitutes significant investor protection concern?

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