Dáil debates

Thursday, 30 November 2017

Ceisteanna - Questions - Priority Questions

Tracker Mortgage Examination

10:40 am

Photo of Paschal DonohoePaschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

Yes. As I indicated to the Deputy in response to the parliamentary question he put to me, we had to follow up on this matter with the Central Bank. The practice to which the Deputy is referring, on which he has had information made available to him, should not have occurred. It is another example of the appalling way in which this matter developed and has since been handled. If I can play a role in dealing with it, in the aftermath of the Central Bank finally determining who has been affected and who has not, I will do so but I must emphasise to the Deputy that the regulatory body dealing with all of this is the Central Bank and that I have to respect the work it is doing in this area and allow it to do it.

During the engagement that I will have with the banks in the aftermath of the report being published in December, there will be an opportunity for me to bring this matter up. I will do that. However, the body with which I will first bring it up is the Central Bank and I will be supporting its efforts in this area.

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