180. Deputy Ken O'Flynn asked the Tánaiste and Minister for Finance whether the Central Bank of Ireland requires regulated financial institutions to notify it where multiple legal claims involving materially similar facts or customer cohorts are settled on a confidential basis; if so, the notification mechanism and thresholds which applied; and if not, the way in which the Central Bank is assured that such settlements do not mask ongoing or systemic consumer detriment. [9060/26]

Summary

180. Deputy Ken O'Flynn asked the Tánaiste and Minister for Finance whether the Central Bank of Ireland requires regulated financial institutions to notify it where multiple legal claims involving materially similar facts or customer cohorts are settled on a confidential basis; if so, the notification mechanism and thresholds which applied; and if not, the way in which the Central Bank is assured that such settlements do not mask ongoing or systemic consumer detriment. [9060/26]

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