Oireachtas Joint and Select Committees
Tuesday, 12 March 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
A Future Framework for Accountability in the Banking Sector: Discussion
Mr. Maurice Crowley:
Yes, it is at the level of the individual bank and I think the Deputy's assumption is a fair one. As I said, any risk mitigation programme that comes from the Central Bank is taken extremely seriously because of the responsibilities to which the banks sign up and the sanctions that apply if they do not meet the requirements and timelines of those plans.