Oireachtas Joint and Select Committees
Wednesday, 18 September 2024
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
General Scheme of the Conclusion of IBRC Special Liquidation and Dissolution of NAMA Bill: Department of Finance
1:30 pm
Ms Emily King:
With regard to the records there are two separate sets of books and records. There are those of the IBRC on the one hand and those of NAMA on the other. NAMA is going through an exercise, as it is required to do, to ensure it disposes of records for GDPR purposes. It is going through a process to identify how it will go about this and what type of records are in scope, when they will be destroyed and on what basis it will be done. This is a large piece of work that is under way in NAMA. Different but similar obligations apply to the special liquidators in the IBRC. They have been going through a process. They have begun to archive some and dispose of other records. This is the case in accordance with their legal obligations.