Tracker Mortgage Examination

Dáil Éireann Debate, Thursday - 13 June 2019

Thursday, 13 June 2019

Ceisteanna (62)

Michael McGrath

Ceist:

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]

Freagraí scríofa

Minister for 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.