Alice-Mary Higgins (Independent) | Oireachtas source

I am saying this in the context that some issues have been highlighted over the past year where it seemed there may have been grounds for considering a review. The Central Bank also has the power to require supplementary information if it feels the information provided is incomplete. We have repeatedly heard the words “comprehensible" "consistent" and "complete”. There are some questions with regard to what is comprehensible.. When Mr. Makhlouf spoke to the committee last year, we asked him about war bonds and the fact that these bonds were being marketed as war bonds. He stated that he had not seen the relevant advertisement and could not comment on the matter. That also raises the question of consistency because they are being marketed in one sense as war bonds, but in Mr. Makhlouf’s understanding and perspective, they were not. There are those two issues. The core here is completeness. The Central Bank has the power to request additional and supplementary information if it feels information is missing. Has that been done? Has that power been used?