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Ireland · Question · written

PQ 98

122 Deputy Shane Ross asked the Minister for Finance if the July 2011 stress tests carried out by the Central Bank of Ireland were compromised in the following respects: was the quality assurance and peer review process deficient and did it fall below accepted standards with the consequence that assurance cannot be given that the stress tests have been applied consistently in accordance with the standards advised by the European Banking Authority; and if the formulas applied by the Central Bank to analyse the data from the Irish banks were amended inappropriately outside normal protocols and procedures with the intent of ensuring that one of the Irish banks would meet the test requirements. [35901/11]

askedIreland· Dáil Éireann· EN

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22 November 2011

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22 November 2011

Summary

122 Deputy Shane Ross asked the Minister for Finance if the July 2011 stress tests carried out by the Central Bank of Ireland were compromised in the following respects: was the quality assurance and peer review process deficient and did it fall below accepted standards with the consequence that assurance cannot be given that the stress tests have been applied consistently in accordance with the standards advised by the European Banking Authority; and if the formulas applied by the Central Bank to analyse the data from the Irish banks were amended inappropriately outside normal protocols and procedures with the intent of ensuring that one of the Irish banks would meet the test requirements. [35901/11]

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