282. Deputy Mattie McGrath asked the Minister for Finance if he will request a report from the Central Bank regarding the impact from a global meltdown on loans associated with the oil and energy sector; if he or his Department have engaged in discussions with the European Central Bank, the European Banking Authority, the European Securities and Markets Authority or the European Systemic Risk Board on this topic; his views on the exposure of European banks to such lending; if he is satisfied that the regulatory oversight is sufficiently strong to detect a repeat of the practices that were linked to the subprime mortgage crisis; his plans to introduce regulations or legislation in this area; if he will undertake to update the House on this issue; and if he will make a statement on the matter. [13630/16]

Summary

282. Deputy Mattie McGrath asked the Minister for Finance if he will request a report from the Central Bank regarding the impact from a global meltdown on loans associated with the oil and energy sector; if he or his Department have engaged in discussions with the European Central Bank, the European Banking Authority, the European Securities and Markets Authority or the European Systemic Risk Board on this topic; his views on the exposure of European banks to such lending; if he is satisfied that the regulatory oversight is sufficiently strong to detect a repeat of the practices that were linked to the subprime mortgage crisis; his plans to introduce regulations or legislation in this area; if he will undertake to update the House on this issue; and if he will make a statement on the matter. [13630/16]

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• Central Bank of Ireland Supervision

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