Financial Services Regulation

Dáil Éireann Debate, Tuesday - 31 January 2012

Tuesday, 31 January 2012

Questions (70)

Gerry Adams

Question:

110 Deputy Gerry Adams asked the Minister for Finance the discussions he has held with AIB and Permanent TSB regarding the possibility of removing tracker mortgages from their balance sheets into separate vehicles; if he has engaged with the ECB on the issue; the number of customers this will affect; the likely effect on customers; and if he will make a statement on the matter. [4821/12]

Written answers

Minister for Finance (Deputy Michael Noonan)

As the Deputy will appreciate, officials in my Department are in constant and on-going dialogue with our external partners and all of the covered institutions in respect of implementing structures and solutions which would seek to enhance the overall financial system. As and when further measures are agreed/solutions emerge, I will inform the House as appropriate.