Oireachtas Joint and Select Committees
Thursday, 5 May 2022
Public Accounts Committee
2020 Report of the Comptroller and Auditor General and Appropriation Accounts
Vote 7 - Finance
2020 Report on the Accounts of the Public Services of the Comptroller and Auditor General
Chapter 1 - Exchequer Financial Outturn for 2020
Chapter 16 - Ireland Apple Escrow Fund
Audited Financial Statements of the Exchequer for 2020
9:30 am
Mr. John Hogan:
In relation to the risk, the important thing is that we have information on what the potential is. That potential has been identified by the Central Bank, has been identified in the numbers which the Deputy correctly cited and which I have in my briefing document here. To the extent that a risk exists in this space, I think we have corralled and identified it. We will continue to ensure that as our understanding evolves as to what the expectation is internationally, we adapt and monitor the situation.