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Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: Perhaps they could give a commentary on such a graph, the products and so on.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: This could apply to any product, including standard variable rates, etc. We will ask them about that. Ms Rowland indicated that the majority of banks were required to resubmit their plans if the Central Bank deemed the original plans insufficient or inadequate. How many banks were written to about plans and outlines of addressing key risks that were identified? How many replied and how...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: So to varying degrees, all were inadequate.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: It did not come to the mark.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: They would not have been asked to revisit their plans if they came above the mark. They must have come under the mark. I am sorry for the layman's language. It is a fact.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: Basically, they are still the same. That is what I draw from that comment. A significant number of applications under the fitness and probity regime were withdrawn.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: What were the reasons for those 80 applications being withdrawn?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: Yes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: To what level does this apply within the banks?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: Right across the system.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: Is it the applicant that the Central Bank interviews?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: Right.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: Ms Rowland referred earlier to the need for further legislation. The Central Bank advised the Government on individual accountability measures. Could she share that information with us?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: When was the Central Bank's last engagement with the Government on pushing the case? I am aware of the comments in 2017.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: The Central Bank's proposals are properly defined and it knows what they are.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: It only remains to draft the legislation around that.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: That is all the questions I have, and, not for the first time, we have run out of members as well. I thank our guests very much for coming along. I appreciate their attendance. The meeting has been very informative and helpful.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach: Tracker Mortgages Report: Central Bank of Ireland (24 Oct 2019)

John McGuinness: The clerk will write to our guests about questions in respect of which replies are still required.

Written Answers — Department of Public Expenditure and Reform: Public Sector Pensions (5 Nov 2019)

John McGuinness: 163. To ask the Minister for Public Expenditure and Reform if a resolution to the pension entitlements of a person (details supplied) who served in the Defence Forces and the HSE will be expedited; and if he will make a statement on the matter. [44423/19]

Written Answers — Department of Health: Hospital Waiting Lists (5 Nov 2019)

John McGuinness: 439. To ask the Minister for Health further to Parliamentary Question No. 542 of 11 June 2019, when a cataract operation will be arranged for a person (details supplied). [44249/19]

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