Thursday, 13 June 2019

Questions (62)

Michael McGrath

Question:

62. Deputy Michael McGrath asked the Minister for Finance the position with regard to the Central Bank ensuring there is individual accountability in the retail banks subject to current enforcement investigations relating to the tracker mortgage examination; if there is a further phase to the investigation in respect of a bank (details supplied) following the recent announcement of a fine; and if he will make a statement on the matter. [24775/19]

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Written answers (Question to Finance)

The Central Bank currently has a number of ongoing enforcement investigations arising out of the tracker mortgage examination.  These investigations are considering all possible angles, including potential individual culpability.  However the Central Bank has advised that it cannot comment further on any possible investigations into individuals without the risk of prejudicing the ongoing investigatory work.