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

Ms Mary-Elizabeth McMunn:

I understand that. At the outset, the Governor set out that we operate within the rules of the law. The law expects the Central Bank to discharge its obligations in respect of the prospectus regulation. We are not looking for a change in the law because we are not able to discharge our mandate. We are able to discharge our mandate. The Governor also referred to the case of Russia. That is important. The Central Bank has discharged its mandate relating to the implementation of sanctions which have frozen a number of things.

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