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. Eoin Dorgan:

There is an element of interaction between the regulator and a regulated entity under capital requirements directive IV. There are clear gateways through which information can be passed. One of the issues we will deal with in the forthcoming Central Bank Bill is the recommendation made by the Oireachtas banking inquiry committee that information be allowed to flow from the Central Bank to any future Oireachtas committee, using a High Court judge to vet the information to be passed.