Dáil debates

Tuesday, 27 March 2018

Ceisteanna - Questions (Resumed) - Priority Questions

Central Bank of Ireland Investigations

4:55 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

As the Minister is aware, the report from the Financial Conduct Authority, FCA, in the UK into Royal Bank Of Scotland's Global Restructuring Group, GRG, has been published. GRG also operated in Ireland under the guise of Ulster Bank. Its treatment of many SMEs has been a source of considerable controversy. I will go into the report in a moment, but the purpose of my question is to establish what is being done in Ireland with regard to this issue.

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