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

I am aware of the report to which the Deputy has referred. I have outlined the fact that while I cannot ever go into details regarding the work of the Cental Bank and its interaction with regulated firms, this is a matter on which Ulster Bank and the Central Bank are now engaging. When I met representatives of Ulster Bank and its parent group, Royal Bank of Scotland, I indicated to them that they must comply with the work which is under way with the Central Bank. They understand that. When I have engaged with the Central Bank on this matter, it has indicated to me that it is dealing with the matter. At this point I cannot go any further than that because I have to respect the role of the Central Bank regarding this matter.

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