Dáil Éireann Debate, Thursday - 13 January 2011
90 Deputy Joan Burton asked the Minister for Finance the nature, terms and conditions of the contracts signed by the Central Bank for advisory services with a company (details supplied); and if he will make a statement on the matter. [1808/11]
View answerI have been advised by the Central Bank of Ireland that the first company to which the Deputy refers will perform reviews of asset and data quality of those banks participating in the Prudential Capital Assessment Review ("PCAR") and the Prudential Liquidity Assessment Review ("PLAR"), the second will provide project management resources for the Central Bank's Financial Measures Implementation Project and will also contribute advice for the PCAR and PLAR and the third will provide advice on banking sector structure issues and will also contribute advice on matters arising from the PCAR and PLAR. Other terms and conditions of the contracts are being finalised as part of the joint EU/IMF programme for Ireland.
