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Report of the Joint Committee of Inquiry into the Banking Crisis


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Appendix 6: Documents sought under Direction by the Joint Committee

This is the list of all documents directed to be provided by the Joint Committee: this list does not mean that all of those requested were, in fact, provided. In certain cases, participants had a statutory basis on which to refuse to provide a document or part of a document. This list also does not include documents which were provided by participants on a voluntary basis. See Chapter 7 for further details.

Institutional Participant Page
Banks 97
  • Bank of Ireland
  • Allied Irish Bank
  • Permanent TSB
  • Ulster Bank
  • IBRC
  • EBS
Central Bank 99
Department of Finance 104
Department of the Taoiseach 109
Auditors 111
  • Deloitte
  • EY
  • KPMG
  • PWC
NTMA 113

 

Banks
Date issued 15/01/2015
Participants Bank of Ireland
Allied Irish Bank
Permanent TSB
Ulster Bank
IBRC
EBS
Categories of documents directed to be produced
1. Board66 Minutes for the period 2001 to 2008 which address or record the following:

a. Risk appetite and lending strategies for commercial real estate67 and/or residential real estate lending. [Ref. ID: b2a]

b. Competitor activities in the commercial real estate and/or residential real estate lending markets. [Ref. ID: b2a]

c. “tracker” mortgages. [Ref. ID: b3c]

d. “Culture” and/or “risk culture. [Ref. ID: b2a]

e. Credit policies for commercial real estate and/or residential real estate lending. [Ref. ID: b2b]

f. Commercial real estate credit matters requiring Board Approval e.g. approval levels and policy exceptions. [Ref. ID: b2b]

g. Board approved exceptions to credit policy for commercial real estate and/or residential real estate loans. [Ref. ID: b2b]

h. Board rejected exceptions to credit policy in respect of commercial real estate and/or residential real estate loans. [Ref. ID: b2b]

i. Review of actual commercial real estate and/or residential real estate credit exposures for each year end. [Ref. ID: b2c]

j. Downside scenario analysis i.e. adverse case scenario analysis, stress tests or other discussions relating to commercial real estate and/or residential real estate credit risk. [Ref. ID: b2c]

k. Downside scenario analysis i.e. adverse case scenario analysis, stress tests or other discussions relating to funding and liquidity risk. [Ref. ID: b2c]

l. Internal Audit Reports relating to corporate governance. [Ref. ID: b1d]

m. Funding strategies and policies. [Ref. ID: b3a]

n. External Auditors’ Management Letter – relating to the management of commercial real estate and/or residential real estate. [Ref. ID: b7b]

o. External Auditors’ Management Letter – relating to funding and liquidity risk. [Ref. ID: b7 b]

p. Letters of Representations from the Directors to the External Auditors. [Ref. ID: b7b]

q. Remuneration schemes linked to commercial real estate and/or residential real estate loan volumes. [Ref. ID: b5a]

r. 10 highest bonus and shares/share options allocations – each year. [Ref. ID: b5a]

s. Issues communicated by the Central Bank of Ireland or Financial Regulator relating to any control or other weakness requiring corrective action. [Ref. ID: b1b]
2. Board Papers for the period 2001 to 2008 which address or record the following:

a. Risk appetite and lending strategies for commercial real estate and/or residential real estate lending. Papers should include any 3rd party reports considered by the board, which you believe may help the Banking Inquiry’s understanding of the strategy adopted by the bank. [Ref. ID: b2a]

b. Competitor activities in the commercial real estate and/or residential real estate lending markets. [Ref. ID: b2a]

c. “tracker” mortgages. [Ref. ID: b3c]

d. “Culture” and/or “risk culture”. [Ref. ID: b2a]

e. Credit policies for the commercial real estate and/or residential real estate lending. [Ref. ID: b2b]

f. Commercial real estate credit matters requiring Board Approval i.e. approval levels and policy exceptions. [Ref. ID: b2b]

g. Board approved exceptions to credit policy for commercial real estate and/or residential real estate loans. [Ref. ID: b2b]

h. Board rejected exceptions to credit policy in respect of commercial real estate and/or residential real estate loans. [Ref. ID: b2b]

i. Review of actual commercial real estate and/or residential real estate credit exposures for each year end. [Ref. ID: b2c]

j. Downside scenario analysis i.e. adverse case scenario analysis, stress tests or other discussions relating to commercial real estate and/or residential real estate credit risk. [Ref. ID: b2c]

k. Downside scenario analysis i.e. adverse case scenario analysis, stress tests or other discussions relating to funding and liquidity risk. [Ref. ID: b2c]

l. Internal Audit Reports relating to corporate governance. [Ref. ID: b1d]

m. Funding strategies and policies. [Ref. ID: b3a]

n. External Auditors’ Management Letter – relating to the management of commercial real estate and/or residential real estate. [Ref. ID: b7b]

o. External Auditors’ Management Letter – relating to funding and liquidity risk. [Ref. ID: b7b]

p. Letters of Representations from the Directors to the External Auditors. [Ref. ID: b7b]

q. Remuneration schemes linked to commercial real estate and / or residential real estate loan volumes. [Ref. ID: b5a]

r. 10 highest bonus and shares/share options allocations – each year, if not otherwise identified in Board papers, please create a document containing this information. [Ref. ID: b5a]

s. Issues communicated by the Central Bank of Ireland or Financial Regulator relating to any control or other weakness requiring corrective action. [Ref. ID: b1b]
3. Board Minutes, or any other narrative report, for the period 2008 to 2013 relating to the banking crisis, lessons learned and corrective actions. If such information is not readily available, please create a document setting out any significant changes to the management of property-related credit risk and funding & liquidity risk which have been implemented since 2008, together with the reasons for those changes. [Ref. ID: b1b]
4. Documents detailing Board composition, biographies of Board members, nomination papers for Board members, terms of reference of the Board for the period 2001- 2008. [Ref. ID: b1a]
5. Executive Committee (or equivalent) organisation chart and terms of reference for the period 2001 to 2008. If necessary and if not otherwise available, please create a document containing this information. [Ref. ID: b1a]
6. Documents relating to commercial real estate and/or residential real estate property valuation policy, including documents which detail the external property valuer panel (or equivalent) for the period 2001 to 2008. [Ref. ID: b4a]
7. Documents listing property valuation firms where aggregate payments exceeded €25 million for the period 2001 to 2008 in relation to property valuation services on properties in the Republic of Ireland financed by the bank. If necessary and if not otherwise identified in existing documents, please create a document containing this information based on the bank’s best estimates of amounts paid by the bank and/or borrower even if precise information is not directly available to the bank. [Ref. ID: b4b]
8. Internal Audit Reports relating to commercial real estate and/or residential real estate for the period 2001 to 2008. [Ref. ID: b6a]
9. Internal Audit Reports relating to funding and/or liquidity risk for the period 2001 to 2008. [Ref. ID: b6a]
10. Internal Audit Reports relating to corporate governance for the period 2001 to 2008. [Ref. ID: b6a]
11. Composition of the Asset and Liability Committee (or equivalent) and biographies of members of that committee for the period 2001 to 2008. [Ref. ID: b3a]
12. Agendas of each Asset and Liability Committee ( or equivalent ) meeting held for the period 2001 to 2008. [Ref. ID: b3a]
13. External Auditors’ Management Letters for the period 2001 to 2008. [Ref. ID: b7b]
14. Internal Audit Reports relating to performance management, remuneration policies and procedures for the period 2001 to 2008. [Ref. ID: b6a]
15. Letters of Representations from the Directors to the External Auditors for the period 2001 to 2008. [Ref. ID: b7b]
16. Board approved exceptions to credit policy for commercial real estate and residential real estate loans – number and aggregate amount for the period 2001 to 2008. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref. ID: b2b].
17. Board approved exceptions to credit policy in respect of commercial real estate and residential real estate loans rejected by the Board – number and aggregate amount for the period 2001 to 2008. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref. ID: b2b]
18. Any other exceptions to credit policy in respect of any loan that was subsequently acquired by National Asset Management Agency, whether the exception required board approval or not – number and aggregate amount for the period 2001 to 2008. If this information is not readily available, please create a document setting out how credit policy exceptions could be approved, who was authorised to approve them and any related reports to the board on the matter of credit policy exceptions for the period 2001 to 2008. For clarity, this request applies solely to any loans that were subsequently acquired by National Asset Management Agency. [Ref. ID: b2b]
19. All correspondence with the Central Bank of Ireland or the Financial Regulator during 2001-08 in relation to property lending and funding and liquidity risk. [Ref. ID: r2b]
20. If the bank availed of the Bank Guarantee from 2008, records of telephone transcripts, recordings, minutes, notes and diary entries by officials within the bank in relation to the Bank Guarantee in 2008. [Ref. ID: c3b]
Date issued 01/04/2015
Participant IBRC
Categories of documents directed to be produced
1. A copy of your Corporate Hospitality/Entertainment/Marketing (or equivalent) Register recording such activities provided to Clients/Contacts in the Property Sector and/or Government Departments or other State Bodies and Organisations, to include politicians, together with the Register of all Hospitality/ Gifts received by Staff in excess of €250 during the period 2004-2010 together with a copy of your policy in relation to same and a list of compliance breaches (if any) in relation to the above.
Central Bank
Date issued 26/02/2015
Categories of documents directed to be produced
1. A document detailing the composition of the Boards68
for the period 1999 to 2013. [Ref.ID r1d]
2. A document detailing the biographies of the members of the Board for the period 1999 to 2013. [Ref.ID r1d]
3. A document detailing the nomination process for appointment to the Board for the period 1999 to 2013. [Ref.ID r1d]
4. A document detailing the terms of reference of the Board for the period 1999 to 2013. [Ref.ID r1d]
5. A document detailing the membership of the executive management team (or equivalent) for the period 1999 to 2013 including an organisation chart. [Ref.ID r1d]
6. A document detailing the biographies of the executive management team (or equivalent) for the period 1999 to 2013. [Ref.ID r1d]
7. A document detailing the role accountabilities of the executive management team (or equivalent) for the period 1999 to 2013. [Ref.ID r1d]
8. All Board minutes and agendas for the period 1999 to 2013 relating to:

a. Review of the banking sector, to include the banking crisis, lessons learnt and corrective actions taken.

b. Macro- economic or banking sector risk.

c. Any relevant bank69

d. Prevailing economic and macro prudential view.

e. Tax strategy.

f. Stress testing and risk models for the macro economy, banking sector, financial services sector and / or individual banking institutions.

g. Individual banking returns and reviews in respect of any relevant bank.

The agendas and minutes should include all headings and the minutes should include matters discussed under “Any Other Business” if such matters relate to a. to g. above. [Ref.ID r1d]
9. A document detailing the organisation structure for the Central Bank of Ireland (including the CBFSAI for period 2003 to 2010) including the terms of reference for each main constituent part and committee, for the period 2002 to 2013. [Ref.ID r1d]
10. All committee minutes and agendas for the budget and remuneration committee and the audit committee for the period 2002 to 2013. [Ref.ID r1d]
11. Board papers for the period 2003 to 2013 relating to:

a. Review of the banking sector, to include the banking crisis, lessons learnt and corrective actions taken.

b. Macro- economic or banking sector risk.

c. Any relevant bank69

d. Prevailing economic and macro prudential view.

e. Tax strategy.

f. Stress testing and risk models for the macro economy, banking sector, financial services sector and / or individual banking institutions.

g. Individual banking returns and reviews in respect of any relevant bank.

The board papers should include all papers circulated in advance of or during board meetings under “Any Other Business” if such papers relate to a. to g. above. [Ref.ID r2b]
12. The following documents in respect of the relevant banks for the period 2002 – 2010: Inspection reports, Audit Finding Reports, third party commissioned reports, minutes of post-inspection meetings, annual management letters, annual M46 letters, minutes and (save as otherwise disclosed under 8 and 11) board papers for meetings of the executive board of the Authority and the Authority and related correspondence. In addition the following data:

  • For the period 1992 to 2003 – a narrative describing the powers of enforcement in relation to breaches of prudential supervision for credit institutions with some examples;
  • For the period 2003 to 2010 - details of enforcement actions taken in respect of prudential supervisory breaches and the amount of fines and sanctions in each year for the period;
  • For the period 2003 and 2010 - a narrative describing the Bank’s policy of enforcement in the areas of consumer protection, prudential supervision of credit institutions and other regulated firms as well as the pattern of enforcement actions ( namely ASPs ) undertaken during this period; and
  • For the period 2010 to 2013 – a document providing a narrative describing the pattern of enforcement actions to include ASPs, voluntary settlements for breaches of prudential supervision by credit institutions and other regulated firms, in addition to consumer led customer redress schemes affected by the bank. [Ref.ID r2a]
13. A document providing a summary or narrative of the general reasons why enforcement actions for breaches of prudential supervision by credit institutions were typically not taken, or powers not utilised, in three different periods (1992 - 2002, 2003 - 2010 & 2010 - 2013), this should include the decision making forums at which these decisions were typically taken and the roles typically involved in these decisions. [Ref.ID r2a]
14. A document or documents detailing the Central Bank’s policy efforts during the period 2003 – 2010 to revise the governance architecture of banks and building societies to meet specific obligations required of them, including but not limited to, Directors Compliance statements, Fit and Proper Requirements and a Corporate Governance code for Banks and Building Societies. [Ref.ID r2a]
15. A document containing a summary of the licencing process and parameters for banking institutions for period 2002 to 2013. [Ref.ID r2a]
16. Annual pre-budget letters on fiscal matters to the Department of Finance and other correspondence between the Governor and the Department of Finance in his capacity as economic adviser to the Government for the period 1999 to 2013. [Ref.ID r2b]
17. Financial Stability Reports for the period 2004 to 2008. [Ref.ID r3a]
18. Joint Financial Stability Committee – board papers and minutes for the period 2002 to 2010. [Ref.ID r3a]
19. A document detailing the full time equivalent headcount split between consumer and prudential supervision in the Financial Regulator for the period 2003 to 2010. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref.ID r1b]
20. A document detailing the cost of resources, to include salaries, bonuses and external contractors split between consumer and prudential supervision in the Financial Regulator for the period 2003 to 2010. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref.ID r1b]
21. Annual M46 letters issued to the Bank by auditors of each of the relevant banks for the period 2011 to 2013 and all related correspondence arising between the Bank and the individual relevant banks. [Ref.ID r4b]
22. A document detailing the principles behind the regulatory regime and the communication of same to the banks for the period 2003 to 2013. [Ref.ID r1a]
23. A document or documents detailing the process of supervisory engagement by the bank with each of the relevant banks during the period 2003 – 2013, (save as otherwise disclosed under 12 above), with an emphasis on engagements at the most senior levels between the Bank and each of the relevant banks during the period, and all materials and /or significant changes in the process of supervisory engagement during that period, to include details on enhanced reporting obligations of the relevant banks arising under the Eligible Liabilities Guarantee, and details of the supervisory engagement between the Bank and each of the relevant banks arising from the PRISM model as introduced in 2011. In addition the agendas, minutes and briefing papers from the Financial Stability Roundtable meetings for the period 2001 - 2010. [Ref.ID r1b]
24. A document summarising the procedures for investigation of issues in banking institutions identified through reports and inspections, including escalation and decision making on enforcement actions for the period 2003 to 2010. [Ref.ID r2a]
25. A document detailing the external expert advice (non-legal) sought or obtained during the period 2001 to 2010 on the financial services sector, banking sector and macroeconomic view. Please also include dates when advice was sought and the contact details for the relevant organisations. [Ref.ID r4a]
26. A document summarising all the changes implemented or arising from the recommendations of the Irish Banking Crisis, Regulatory and Stability Policy 2003 to 2008 by Patrick Honohan, Governor of the Central Bank, Misjudging Risk: Causes of the systemic banking crisis in Ireland by Peter Nyberg, sole member of the Commission of Investigation (Banking Inquiry), A Preliminary Report on the Sources of Ireland’s Banking Crisis by Max Watson and Klaus Regling and Review of the Department of Finance by Rob Wright for the period 2008 to 2013. [Ref.ID r7a]
27. ECB Operational Committee – all meeting papers, minutes and data relating to the liquidity and security of refinancing operations for the period 2001 to 2010. [Ref.ID r6b]
28. European Banking Authority – all meeting papers, minutes and data relating Irish banking Institutions for the period 2001 to 2013. [Ref.ID r6b]
29. Single Supervisory Mechanism – all meeting papers, minutes and data relating to the development of the SSM to 31 Dec 2013. [Ref.ID r6b]
30. Economic Affairs Department – all research papers in relation to the housing market and banks prepared for the period 2000 to 2008. [Ref.ID r6a]
31. A document listing all credit institutions regulated by the Central Bank from 1992 to 2013 with assets in excess of €10billion. [Ref.ID r2a]
32. Documents detailing the briefing/s of the Central Bank of Ireland and Financial Services Authority of Ireland official/s member of the Domestic Standing Group to the Central Bank of Ireland on topics discussed at the Domestic Standing Group. [Ref.ID c1c]
33. Liquidity Monitoring Group – a document detailing the composition of the Liquidity Monitoring Group. [Ref.ID c2a]
34. Liquidity Monitoring Group – a document detailing the establishment of the Liquidity Monitoring Group. [Ref.ID c2a]
35. Liquidity Monitoring Group – terms of reference of the Liquidity Monitoring Group. [Ref.ID c2a]
36. Liquidity Monitoring Group – agendas and minutes of the Liquidity Monitoring Group for the period. [Ref.ID c2a]
37. Liquidity Monitoring Group – regarding document summarising any review of the effectiveness of the Liquidity Monitoring Group. [Ref.ID c2a]
38. Central Bank Reform Act 2010 – communications or a document summarising communications with the Office of the Parliamentary Counsel to the Government regarding the Central Bank Reform Act for the period 2008 to 2010. [Ref.ID r7a]
39. Credit Institution (Stabilisation) Act 2010 – communications or a document summarising communications with the Office of the Parliamentary Counsel to the Government regarding the Credit Institution (Stabilisation) Act 2010 for the period 2008 to 2010. [Ref.ID r7a]
40. Central Bank (Supervision and enforcement) Bill 2011 – communication or a document summarising communications with the Office of the Parliamentary Counsel to the Government regarding the Central Bank (Supervision and enforcement) Bill 2011 for the period 2008 to 2011. [Ref.ID r7a]
41. Central Bank Reform Act 2010 – agendas, minutes and meeting papers concerning the Central Bank Reform Act 2010 and the Central Bank Reform Bill 2010. [Ref.ID r7a]
42. Credit Institutions (Stabilisation) Act 2010 - agendas, minutes and meeting papers concerning the Credit Institutions (Stabilisation) Act 2010 and the Credit Institutions (Stabilisation) Bill 2010. [Ref.ID r7a]
43. Central Bank (Supervision and enforcement Bill 2011 - agendas, minutes and meeting papers concerning the Central Bank (Supervision and enforcement) Bill 2011. [Ref.ID r7a]
44. The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty] – position papers prepared for the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty] for the period 2010 to 2013. [Ref.ID c6c]
45. The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty] – documents concerning the proposed Treaty received, but not sought, from external sources for the period 2010 to 2013. [Ref.ID c6c]
46. The Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty] – documents sought and obtained from external experts regarding the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty] for the period 2010 to 2013. [Ref.ID c6c]
47. Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty] – documents detailing any post implementation review of the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty] for the period 2013. [Ref.ID c6c]
48. Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty] – documents detailing any gap analysis on European initiatives with respect to the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty] for the period 2013. [Ref.ID c6c]
49. Banking Union– position papers prepared for the Banking Union for the period 2010 to 2013. [Ref.ID c6b]
50. Banking Union– documents concerning the proposed Banking Union received, but not sought, from external sources for the period 2010 to 2013. [Ref.ID c6b]
51. Banking Union– documents sought and obtained from external experts regarding the Banking Union for the period 2010 to 2013. [Ref.ID c6b]
52. Banking Union – documents detailing any post implementation review of the Banking Union for the period 2013. [Ref.ID c6b]
53. Banking Union – documents detailing any gap analysis on European initiatives with respect to the Banking Union for the period 2013. [Ref.ID c6b]
54. Basel III / CRD IV– position papers prepared for Basel III for the period 2009 to 2013. [Ref.ID c6a]
55. Basel III / CRD IV– documents concerning the proposed Basel III / CRD IV received, but not sought, from external sources for the period 2009 to 2013. [Ref.ID c6a]
56. Basel III / CRD IV– documents sought and obtained from external experts regarding Basel III / CRD IV for the period 2009 to 2013. [Ref.ID c6a]
57. Basel III / CRD IV – documents detailing any post implementation review of the Basel III/ CRD IV for the period 2013. [Ref.ID c6a]
58. Basel III / CRD IV – documents detailing any gap analysis on European initiatives with respect to Basel III / CRD IV for the period 2013. [Ref.ID c6a]
59. Sovereign Debt Restructuring Mechanism – position papers prepared for a Sovereign Debt Restructuring Mechanism for the period 2009 to 2013. [Ref.ID c6a]
60. Sovereign Debt Restructuring Mechanism – documents containing references a Sovereign Debt Restructuring Mechanism received, but not sought, from external sources for the period 2009 to 2013. [Ref.ID c6a]
61. Sovereign Debt Restructuring Mechanism documents sought and obtained from external experts regarding a Sovereign Debt Restructuring Mechanism for the period 2009 to 2013. [Ref.ID c6a]
62. Sovereign Debt Restructuring Mechanism - a document detailing any post implementation review of a Sovereign Debt Restructuring Mechanism for the period 2013. [Ref.ID c6a]
63. Sovereign Debt Restructuring Mechanism – a document detailing any gap analysis on European initiatives with respect to Sovereign Debt Restructuring Mechanism for the period 2009 to 2013. [Ref.ID c6a]
Department of Finance
Date issued 15/01/2015
Categories of documents directed to be produced
1. Reports which the Department of Finance prepared for the Cabinet on the banking sector for the period 2001 to 2010. [Ref.ID r3c]
2. Department of Finance organisation chart, terms of reference, role profiles for roles down to Principal Officer/Director level for the period 2001 to 2013. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref.ID r3a]
3. Department of Finance biographies of staff from Secretary General to Principal Officer/ Director level for the period 2001 to 2013. [Ref.ID r3a]
4. Department of Finance reporting structures and communication channels for the period 2001 to 2010 with:

a. Central Bank of Ireland,

b. Committees of the Oireachtas including but not limited to the Finance Joint Committee,

c. Cabinet,

d. Oireachtas. [Ref.ID r3b]
5. Agendas and minutes of any committee within the Department of Finance which considered the prevailing economic and macro prudential view for the period 2001 to 2010. [Ref.ID r3a]
6. Financial Stability Roundtable – all agendas and minutes for the period 2001 to 2010. If the Department of Finance did not participate in this process, please confirm this. [Ref.ID r3b]
7. Agendas and minutes of all meetings which considered the prevailing economic and macroeconomic prudential view and / or the banking sector between the Department of Finance and Central Bank of Ireland (including all parts of CBFSAI for period 2003 to 2010). As well as committees of which the Department of Finance and the Central Bank of Ireland were members, this should also include any regular forums or meetings between the two institutions where the macro-economic view was expressly discussed, for example but not limited to, pre-budget meetings. [Ref.ID r3b]
8. List the external expert advice (non-legal) sought or obtained by the Department of Finance on the banking sector and the macroeconomic view during the period 2001 to 2010. If necessary and if not otherwise identified in existing documents, please create a document containing this information. Please also include dates when advice was sought and the contact details for the relevant organisations. [Ref.ID r6a]
9. List all formal interactions / forums with the European Commission or the European Council on banking by the Minister for Finance or the Department of Finance during the period 2001 to 2010 – excluding the conversion to the Euro. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref.ID r6b]
10. Documents detailing all the changes implemented by the Department of Finance from the recommendations of the Irish Banking Crisis, Regulatory and Stability Policy 2003 to 2008 by Patrick Honohan, Governor of the Central Bank, Misjudging Risk: Causes of the systemic banking crisis in Ireland by Peter Nyberg, sole member of the Commission of Investigation (Banking Inquiry), A Preliminary Report on the Sources of Ireland’s Banking Crisis by Max Watson and Klaus Regling and Review of the Department of Finance by Rob Wright for the period 2008 to 2010. [Ref.ID r6a]
11. Documents which proposed legislative changes to the Minister for Finance regarding banking regulation and control for the period 2001 to 2010. [Ref.ID r1a]
12. Documents relating to the Department of Finance’s participation in the Implementation Advisory Group on the Establishment of a Single Regulatory Authority for the Financial Services Sector for the period 1998 to 1999. [Ref.ID r1a]
13. All documents, papers and reports received by the Department of Finance from external auditors of banks, in their capacity as statutory auditors. [Ref.ID r6b]
14. Copies of transcripts/tapes of all interviews conducted by the Nyberg Commission and by Rob Wright. [Ref.ID r3a]
15. The diaries of the Minister for Finance and the Secretary General of the Department of Finance for the period 2001 to 2013. [Ref.ID r3b]
16. The briefing notes prepared in response to contrarian views on the economy, from 2002 - 2008. A contrarian view includes any view from an economist or economic commentator which took a different view from the orthodox view as set out, inter alia, in the Wright Report namely that “the Irish economy would continue to grow, that property prices would continue to increase and/or that the most likely unfavourable outcome was that the economy and property market would enjoy what has been described as a soft landing e.g. Morgan Kelly.” The briefing notes sought are those between the Minister for Finance and officials at Principal Officer and above. Briefing notes to the Office of the Parliamentary Counsel to the Government from the department in relation to the Central Bank and Financial Services Authority of Ireland Act 2003 and Central Bank Reform of 2010. In this regard briefing notes should include heads of bill and associated explanatory notes. [Ref.ID r6c]
17. Economic and Financial Affairs Council (ECOFIN) – agendas and minutes of all meetings for the period 2001 to 2013. [Ref.ID c1a]
18. Economic and Financial Affairs Council (ECOFIN) – list of all other contacts with Economic and Financial Affairs Council members regarding banking for the period 2001 to 2013. [Ref.ID c1a]
19. Economic and Financial Affairs Council (ECOFIN) – Memorandum of Understanding signed between the Central Bank of Ireland and the Financial Regulator 2003. [Ref.ID c1a]
20. Economic and Financial Affairs Council (ECOFIN) - the tripartite Memorandum of Understanding signed by the Minister for Finance, the Central Bank and the Financial Services Regulatory Authority of Ireland – all three parties to the Domestic Standing Group (DSG). [Ref.ID c1a]
21. Economic and Financial Affairs Council (ECOFIN) – documents directly relating to the formulation and analysis of the “crisis simulation exercises” involving the Department of Finance, the Central Bank and the Financial Services Regulatory Authority of Ireland for the period 2003 to 2006. [Ref.ID c1b]
22. Economic and Financial Affairs Council (ECOFIN) - documents detailing the internal and external expert advice (non-legal) provided to Ireland’s representatives at ECOFIN for the purposes of their attendance at same for the period 2003 to 2006. [Ref.ID c1a]
23. Domestic Standing Group – terms of reference of this group.[Ref.ID c1c]
24. Domestic Standing Group – Memorandum of Understanding agreed between the Department of Finance, the Central Bank and the Financial Services Authority of Ireland in respect of the Domestic Standing Group. [Ref.ID c1c]
25. Domestic Standing Group - agendas, minutes and meeting papers of the Domestic Standing Group for the period 2006 to 2013. [Ref.ID c1c]
26. Documents detailing the briefing/s or actions of the Department of Finance members of the Domestic Standing Group to the Department of Finance as a result of their attendance at the Domestic Standing Group for the period 2006 to 2013. [Ref.ID c1d]
27. Reports produced and received by the Domestic Standing Group and which were issued to the European Council for the period 2006 to 2013. [Ref.ID c1c]
28. The Domestic Standing Group’s report(s) assessing the Central Bank Financial Service Authority of Ireland’s Crisis Resolution Paper during 2008. [Ref.ID c1b]
29. Department of Finance sponsored reviews into Irish Life and Permanent, Anglo Irish Bank and Irish Nationwide Building Society – documents outlining the selection criteria of those appointed/ to be appointed as reviewers. [Ref.ID c2c]
30. Department of Finance sponsored reviews of Irish Life and Permanent, Anglo Irish Bank and Irish Nationwide Building Society – terms of reference for each review undertaken. [Ref.ID c2c]
31. Department of Finance sponsored reviews of Irish Life and Permanent, Anglo Irish Bank and Irish Nationwide Building Society – final Report/s. [Ref.ID c2c]
32. Department of Finance sponsored reviews of Irish Life and Permanent, Anglo Irish Bank and Irish Nationwide Building Society –the Department of Finance’s assessment of these reviews. [Ref.ID c2c]
33. Department of Finance sponsored reviews of Irish Life and Permanent, Anglo Irish Bank and Irish Nationwide Building Society – documents produced by external experts employed or engaged by the Department of Finance detailing an assessment of these reports. [Ref.ID c2c]
34. Department of Finance sponsored reviews of Irish Life and Permanent, Anglo Irish Bank and Irish Nationwide Building Society – briefings prepared for either the Minister for Finance, An Taoiseach or the Cabinet on these reviews. [Ref.ID c2c]
35. With regard to the Deposit Guarantee Scheme increase to €100,000 in 2008:

a. documents detailing any appraisal of conditions prior to the introduction of the Scheme.

b. analysis carried out in advance of the introduction of the Scheme.

c. advices sought or obtained from external expert contractors on this Scheme.

d. correspondence received or issued to the Cabinet, the European Council, the European Central Bank relating to this Deposit Guarantee Scheme.

e. documentation of any appraisal / feedback by the Central Bank and /or Financial Regulator. [Ref.ID c3a]
36. Merrill Lynch – correspondence with Merrill Lynch meeting/s with An Taoiseach and /or other Ministers during 2008. [Ref.ID c2b]
37. Merrill Lynch - documents detailing options and/or proposals made by Merrill Lynch to the Minister for Finance during 2008. [Ref.ID c2b]
38. Merrill Lynch – documentation prepared for the meeting/s by the Department of Finance between Merrill Lynch and the Minister for Finance during 2008.[Ref.ID c2b]
39. Merrill Lynch – telephone calls – recordings and/or transcripts – made or taken regarding the meeting/s between Merrill Lynch and the Minister for Finance during 2008. [Ref.ID c2b]
40. Merrill Lynch – documentation prepared by the Department of Finance for the European Central Bank, European Council regarding the meeting/s between Merrill Lynch and the Minister for Finance during 2008. [Ref.ID c2b]
41. Merrill Lynch – correspondence between the Department of Finance and the European Central Bank or European Council regarding the meeting/s between Merrill Lynch and the Minister for Finance during 2008. [Ref.ID c2b]
42. Documents/records of information, detail and advice given to or sought by the Secretary General of the Department of Finance and/or the Minister of Finance from the period 22nd September 2008 to 30th September 2008 as a direct result of and/or in respect of PricewaterhouseCoopers’s analysis on Bank’s loan books. [Ref.ID c3c]
43. Post Guarantee – Letter of Engagement of Price Waterhouse Coopers and the Department of Finance regarding the examination of the Loan Books of banks during the period 2008 to 2009. [Ref.ID c3c]
44. Post Guarantee – Letter of Retainer of Price Waterhouse Coopers and the Department of Finance regarding the examination of the Loan Books of banks during the period 2008 to 2009. [Ref.ID c3c]
45. Post Guarantee – correspondence between Price Waterhouse Coopers and the Department of Finance regarding the examination of the Loan Books of banks during the period 2008 to 2009. [Ref.ID c3c]
46. Post Guarantee – Executive summary, findings and / or recommendations contained in any report prepared by Price Waterhouse Coopers for the Department of Finance following the examination of the Loan Books of banks during the period 2008 to 2009. [Ref.ID c3c]
47. Post Guarantee – letter of engagement of Merrill Lynch and the Department of Finance regarding the examination of capital in banks during the period 2008 to 2009. [Ref.ID c3c]
48. Post Guarantee – letter of retainer of Merrill Lynch and the Department of Finance regarding the examination of capital adequacy of Irish banks during the period 2008 to 2009. [Ref.ID c3c]
49. Post Guarantee – correspondence between Merrill Lynch and the Department of Finance regarding the examination of capital in banks during the period 2008 to 2009. [Ref.ID c3c]
50. Post Guarantee – Executive summary, findings and / or recommendations contained in any report prepared by Merrill Lynch for the Department of Finance following the examination of the capital of all banks during the period 2008 to 2009. [Ref.ID c3c]
51. Nationalisation of Anglo Irish Bank – agendas, minutes and reports directly relating to the nationalisation of Anglo Irish Bank in January 2009 for the period 2008 to 2009. [Ref.ID c4a]
52. Capitalisation of Anglo Irish Bank, Allied Irish Bank plc and Bank of Ireland – agendas, minutes and reports directly relating to the capitalisation of Anglo Irish Bank, Allied Irish Bank plc and Bank of Ireland in March 2009 for the period 2008 to 2009. [Ref.ID c4c]
53. Secondary investment / capitalisation of Allied Irish Bank plc – agendas, minutes and reports directly relating to the secondary investment and / or capitalisation of Allied Irish Bank plc in December 2010 for the period 2009 to 2011. [Ref.ID c4c]
54. Merger of Allied Irish Bank plc and EBS Limited – agendas, minutes, and reports on the merger of Allied Irish Bank plc and EBS Limited in March 2011 for the period 2010 to 2011. [Ref.ID c4d]
55. Merger of Irish Nationwide Building Society and Anglo Irish Bank – agendas, minutes and reports on the merger of Irish Nationwide Building Society and Anglo Irish Bank in July 2011 for the period 2010 to 2011. [Ref.ID c4d]
56. Liquidation of Irish Bank Resolution Corporation Limited – agendas, minutes and, reports on the liquidation of Irish Bank Resolution Corporation Limited in February 2013 for the period 2012 to 2013. [Ref.ID c5b]
57. Establishment of the National Asset Management Agency – agendas, minutes and reports on the establishment of the National Asset Management Agency in 2009 for the period 2008 to 2009. [Ref.ID c4b]
58. The issue of Promissory notes – agendas, minutes and reports on the issue of Promissory notes for the period 2008 to 2013. [Ref.ID c5b]
59. EU-IMF programme of financial support –agendas, minutes and reports on the issue of the EU-IMF programme of financial support for the period 2010 to 2013. [Ref.ID c5a]
60. The following items in relation to the Treaty on Stability, Coordination and Governance in the Economic and Monetary Union [Fiscal Compact/Stability Treaty]:

a. position papers prepared by the Department of Finance.

b. unsolicited and solicited documents from external sources for the period 2010 to 2013.

c. documents directly relating to any post implementation review for the period 2013.

d. documents directly relating to any gap analysis on European initiatives on this Treaty for the period 2013. [Ref.ID c5c]
61. Papers from the Policy Unit with primary responsibility for Banking Union:

a. position papers prepared for the Banking Union for the period 2010 to 2013.

b. documents directly relating to the proposed Banking Union, solicited and unsolicited, from external sources for the period 2010 to 2013.

c. documents detailing any post implementation review of the Banking Union for the period 2013.

d. documents detailing any gap analysis on European initiatives with respect to the Banking Union for the period 2013. [Ref.ID c6b]
62. The following items from the Policy Unit with primary responsibility for CRD IV:

a. position papers prepared for Basel III for the period 2009 to 2013.

b. documents containing references to the proposed CRD IV, solicited and unsolicited, from external sources for the period 2009 to 2013.

c. documents detailing any post implementation review of CRD IV for the period 2013.

d. documents detailing any gap analysis, referring here and elsewhere to a comparison between actual performance and potential or desired performance, on European initiatives with respect to CRD IV for the period 2013. [Ref.ID c6a]
63. The following items relating to the Sovereign Debt Restructuring Mechanism, which is a measure as suggested by other countries actions at EU and IMF level, from the policy unit with primary responsibility –

a. position papers, if any, for the period 2009 to 2013.

b. documents containing references to the Mechanism, solicited and unsolicited, from external sources for the period 2009 to 2013.

c. documents detailing any post implementation review of the Mechanism for the period 2013.

d. documents detailing any gap analysis on European initiatives with respect to the Mechanism for the period 2009 to 2013. [Ref.ID c6c]
64. The ‘General Scheme’ is a reference to draft legislation considered by the Department of Finance in June 2008 proposing to give the Minister power to take ownership of, and/or to guarantee, an Irish Bank. Please supply the following in connection with this draft legislation:

a. Documentation detailing the draft legislation.

b. Documents comprising instructions and/or briefings to the Office of the Parliamentary Counsel to the Government.

c. Related advice/analysis from external sources supplied to the Minister or the Department.

d. Documentation directly relating to the decision to proceed, or not, with the proposed legislation.

e. Related advice/analysis received by the Department of Finance from representatives of the Central Bank and Financial Regulator. [Ref.ID c1d]
65. Bank Guarantee – documents directly relating to any appraisal of the prevailing economic conditions prior to its introduction in 2008.
66. Bank Guarantee - records of telephone calls (including transcripts and recordings), and minutes, notes and diary entries of meetings by officials of the Department to the Central Bank and to the Financial Regulator regarding the introduction of the Guarantee.
67. Bank Guarantee – documents directly relating to the analysis by the Department of Finance of the issue resolved via the Guarantee.
68. Bank Guarantee – advice, reports and analysis of the alternatives to the Guarantee considered by the Department of Finance. [Ref.ID c3b]
Department of Finance
Date issued 12/03/2015
Categories of documents directed to be produced
1. A list of solicited and unsolicited representations (in the form of minutes of meetings or formal written correspondence) made by representative bodies of valuers, auctioneers and the construction industry to the Minister for Finance, Minister of State for Finance or the Secretary General at the Department of Finance for the period 2001 to 2010 regarding the importance of the property sector to the Irish economy. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref.ID r5d]
2. Advice sought/received relating to the quantification of the overall cost to the State of the crisis for the period 2008 to 2013. This should include:

  • External and internal reports made available to the Minister for Finance;
  • Representations made on behalf of social/focus groups and business groups made to the Minister for Finance or the Secretary General at the Department of Finance; and
  • Briefings prepared in response to Parliamentary Questions addressed orally in the Dáil. [Ref.ID c2b]
3. Advices, analyses, reports sought/received by the Department of Finance, relating to the allocation of the overall burden of adjustment and the impact thereof, for the period 2008 to 2013. [Ref.ID c2b]
4. Any advices, analyses, reports sought/received by the Department of Finance by national/international agencies including but not limited to ESRI, IMF and OECD, on the subject of the burden of adjustment for the period 2008 to 2013.
5. List of each person at Principal Officer grade (including equivalent pay grades) and above in the Department of Finance who, at any time from 1 January 2001 to 31 December 2010, had responsibility for the following areas:

  • Banking
  • Taxation
  • Expenditure
  • Housing Policy
  • Economic related policies

Please provide the name, grade(s), period (years and months), short description of the role or job and name. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref.ID c2b]
6. List of all political/technical advisors to the Minister for Finance and Department who, in the period from 1 January 2001 to 31 December 2010, provided support and advice on the following areas:

  • Banking
  • Economic related policies.

Please provide the name, employment status (political advisor, contractor economist etc.) period (years and months) and short description of the role or job. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref. ID c2b]
Department of the Taoiseach
Date issued 15/01/2015
Categories of documents directed to be produced
1. Documents/records of information, detail and advice given to or sought by the Secretary General of the Department of the Taoiseach and/or An Taoiseach from the period 22nd September 2008 to 30th September 2008 as a direct result of and/or in respect of PricewaterhouseCoopers’ analysis on Bank’s loan books. [Ref. ID c3c]
Date issued 12/03/2015
Categories of documents directed to be produced
1. A list of solicited and unsolicited representations (in form of minutes of meetings or formal written correspondence) made by representative bodies of (including but not limited to) valuers, and auctioneers and the construction industry to the Taoiseach, the Department of the Taoiseach or Secretary General at the Department for the period 2001 to 2010 regarding the importance of the property sector to the Irish economy. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref.ID r5d]
2. List of each person at Principal Officer grade and above who, at any time from 1 January 2001 to 31 December 2010, worked on matters relating to:

  • Banking
  • Economic matters
  • IFSC

Please provide in summary name, grade(s), period (years and months), short description of the role or job and name. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref.ID c2b]
3. List of all political/technical advisors to the Taoiseach and the Department of the Taoiseach who, in the period from 1 January 2001 to 31 December 2010, provided support and advice on the following areas:

  • Banking
  • Economic related policies
  • Work on matters relating to banking & IFSC entities who provided support & advice to the Taoiseach

Please provide the name, employment status (political advisor, contractor economist etc.) period (years and months) and short description of the role or job. If necessary and if not otherwise identified in existing documents, please create a document containing this information. [Ref.ID c2b]
4. Briefings prepared for the Taoiseach’s appearances in the Houses of the Oireachtas relating to the banking crisis, including but not limited to Parliamentary Questions (including supplementary questions and replies), Leader’s Questions, Statements, for the period 1 January 2008 to 31 December 2013. [Ref.ID c2b]
5. Records as follows relating the IFSC Clearing House Group – Terms of Reference, Agendas for Meetings and Minutes of Meetings from the period, 1 January 2000 to 31 December 2013. The Joint Committee understand this information will be forwarded on or before 23rd March 2015. [Ref.ID c2b]
6. Correspondence, notes of meetings, relevant and material exchanges, and records of any other exchanges involving the Taoiseach and/or his advisors and/or his officials with the Heads or representatives of any EU State , officials from the European Commission, and the European Central Bank on the banking crisis, from the period , 1 January 2008 to 31 December 2013. [Ref.ID c2b]
7. Correspondence, notes of meetings, relevant and material exchanges, and records of any other exchanges on the files of the Department of the Taoiseach involving any other Minister of the Government (excluding the Minister for Finance), and/or their advisors and/or their officials with the Heads or other representatives of any EU State, officials from the European Commission, and the European Central Bank, on the banking crisis, from the period 1 January 2008 to 31 December 2013. [Ref.ID c2b]
8. Correspondence and notes of any other engagements relevant and material exchanges, between the Taoiseach and/or his advisors (technical political) and/or his officials made by (including but not limited to) valuers, and auctioneers and construction industry representative bodies thereof from the construction and property sector and relevant banks, referred to in the schedule on page 5, on the banking crisis, from the period 1 January 2008 to 31 December 2013. [Ref.ID c2b]
9. Correspondence and notes of any other engagements between the Taoiseach and/or his advisors and/or his officials with representative bodies from the banking sector on the banking crisis, from the period 1 January 2008 to 31 December 2013. [Ref.ID c2b]
10. The assessments, if any, undertaken or commissioned by the Department of the Taoiseach or any bodies under its aegis on the impact of the banking crisis. [Ref.ID c2b]
Auditors
Date issued 05/02/2015
Auditor Bank Period covered
Deloitte Anglo Irish Bank 2009 - 2010
Ulster Bank 2001 - 2010
EY Educational Building Society (EBS) 2001 - 2008
Anglo Irish Bank 2001 - 2008
KPMG Allied Irish Bank 2002 - 2010
Educational Building Society (EBS) 2009 - 2010
Irish Nationwide Building Society 2001 - 2010
Bank of Scotland (Ireland) 2001 - 2008
Permanent TSB 2001 - 2010
PWC Allied Irish Bank 2001
Bank of Ireland 2001 - 2010
Bank of Scotland (Ireland) 2009

Categories of documents directed to be produced

Documents sought relating to the external audit work undertaken by [named firm], hereinafter referred to as the “External Auditors”, in respect of the [financial institution – see table above] hereinafter referred to as the “Bank/Building Society”. [Reference ID b7b]
1. All Management Letters or internal control letters issued by the External Auditors in respect of the relevant bank/building society for the period as detailed in the table.
2. All correspondence between the External Auditors and the relevant bank/building society, on the matters detailed below, for the period as detailed in the table:

a. Corporate Governance,

b. Property related lending risk,

c. Relaxation of and/or exceptions to and/or breaches of credit policies,

d. Funding and / or liquidity risk,

e. Determination of ‘going concern’ basis for preparing statutory financial statements.
3. All notes and/or minutes of meetings and/or minutes or notes of telephone conversations between the External Auditors and the Chief Executive, Chief Financial Officer, Chief Credit Officer, Chief Risk Officer, Head of Internal Audit, Board Director [or any individuals of equivalent office with different title] of the relevant bank/building society, on the topics detailed below, for the period as detailed in the table:

a. Corporate Governance,

b. Property related lending risk,

c. Relaxation of and/or exceptions to and/or breaches of credit policies,

d. Funding and / or liquidity risk,

e. Determination of ‘going concern’ basis for preparing statutory financial statements.
4. All internal working papers prepared by the External Auditors relating to matters raised in the Management Letters prepared by the External Auditors in respect of the relevant bank/building society, on the topics detailed below, for the period as detailed in the table:

a. Corporate Governance,

b. Property related lending risk,

c. Relaxation of and/or exceptions to and/or breaches of credit policies,

d. Funding and / or liquidity risk,

e. Determination of ‘going concern’ basis for preparing statutory financial statements.
5. All correspondence between the External Auditors and the Financial Regulator and/or the Central Bank of Ireland concerning the relevant bank/building society, on the topics detailed below, for the period as detailed in the table:

a. Corporate Governance,

b. Property related lending risk,

c. Relaxation of and/or exceptions to and/or breaches of credit policies,

d. Funding and / or liquidity risk,

e. Determination of ‘going concern’ basis for preparing statutory financial statements.
6. All notes and/ or minutes of meetings and/or minutes or notes of telephone conversations between the External Auditors and the Financial Regulator and/or the Central Bank of Ireland concerning the relevant bank/building society, on the topics detailed below, for the period as detailed in the table:

a. Corporate Governance,

b. Property related lending risk,

c. Relaxation of and/or exceptions to and/or breaches of credit policies,

d. Funding and / or liquidity risk,

e. Determination of ‘going concern’ basis for preparing statutory financial statements.

For the avoidance of doubt, correspondence above refers to all non-electronic and electronic forms of communication, including but not limited to email.
NTMA
Date issued 05/02/2015
Categories of documents directed to be produced by NTMA and subsidiary companies excluding NAMA
1. NTMA terms of reference for the period 2001 to 2013 (if not otherwise identified in existing documents, please create a document containing this information). [Ref.ID r3b]
2. NTMA reporting structures and communication channels (if any) for the period 2001 to 2013 (if not otherwise identified in existing documents, please create a document containing this information) with:

a. Central Bank of Ireland,

b. Department of Finance,

c. Committees of the Oireachtas including but not limited to the Finance Joint Committee,

d. Cabinet,

e. Oireachtas. [Ref.ID r3b]
3. (a) Papers and reports submitted to the NPRF Commission related to investment in Irish financial institutions (whether under Ministerial direction or otherwise) and copies of Commission minutes relating to such investments for the period 2001 to 2010. [Ref.ID r3b](b) Papers submitted to the NTMA Advisory Committee relating to Funding and Debt Management /EU IMF programme for the period 2001 to 2013 and copies of the Advisory Joint Committee Minutes. [Ref.ID r3b]
4. Agendas and minutes of all meetings which considered the prevailing economic and macro prudential view and/or the banking sector between the NTMA and:

a. Central Bank of Ireland,

b. Department of Finance,

c. Committees of the Oireachtas including but not limited to the Finance Joint Committee,

d. Cabinet,

e. Oireachtas. [Ref.ID r3b]
5. List the external expert advice (non-legal) sought or obtained by the NTMA on the macroeconomic view during the period 2001 to 2013. Please include the dates when advice was sought and the contact details for the relevant organisations. If not otherwise identified in existing documents, please create a document containing this information. [Ref.ID r4a]
6. NTMA – agendas and minutes of all meetings relating to the Banking crisis for the period 2008 to 2013. [Ref.ID c2c]
7. NTMA – advices, analyses, reports received from or provided to the Domestic Standing Group, relating to the Banking crisis from 2008 to 2013. [Ref.ID c2c]
8. Any commissioned or received reports relating to the Banking crisis from 2008 to 2013. [Ref.ID c2c]
9. Any reports, advices and analysis supplied by NTMA to the Minister for Finance relating to the Banking crisis from 2008 to 2013. [Ref.ID c2c]
10. Post 30 September 2008 – Any schedule of issuance of Government bonds and ELG bonds issues for the period from 2008 to 2013 (if not otherwise identified in existing documents, please create a document containing this information). [Ref.ID c2c]
11. Post 30 September 2008 – any advices and consultations with the Dept. of Finance and NTMA regarding bond issuance, the type of bond issued, the maturity, timing, and amounts, relating to the Banking crisis for the period from 2008 to 2013. [Ref.ID c2c]
12. Post 30 September 2008 - any senior management correspondence from NTMA to banks relating to the Banking crisis for the period from 2008 to 2013. [Ref.ID c2c]
13. Any internal analyses/reports of the Irish banking sector prepared at the request of and/or for the consideration of the NTMA Board, the Minister for Finance, Governor of the Central Bank or the Financial Regulator, including those relating to placing deposit funds in Irish Banks during the Period 2000-13 with detail of limits imposed. [Ref.ID c2c]

Appendix 6 Footnotes
66.   All references to Board includes Board of Directors, all Board sub-committees including those committees dealing with audit, risk, governance, remuneration, nominations and any Board committee approving commercial real estate or residential real estate loans.
67.   Commercial real estate lending includes all land and development, office, industrial, hotel and retail property loans.
68.   All references to boards includes:
Board of the Central Bank of Ireland (to 2003)
Board of the Central Bank and Financial Services Authority of Ireland (2003 to 2010)
Management Board of the Central Bank (2003 to 2010)
The Authority of the Financial Regulator (2003 to 2010)
The Central Bank Commission (from 2010)
All subcommittees of the 5 boards above
69.   All references to “relevant bank” or “relevant banks” means the eight credit institutions as follows:
(1)Allied Irish Banks p.l.c.
(2)EBS Limited
(3)The Governor and Company of the Bank of Ireland
(4)Permanent TSB Public Limited Company (and Irish Permanent plc)
(5)Anglo Irish Bank Corporation plc
(6)Irish Nationwide Building Society
(both (5) and (6) predecessors to Irish Bank Resolution Corporation Limited)
(7)Ulster Bank Ireland Limited
(8)Bank of Scotland (Ireland) Limited


Appendix 7: Correspondence with the ECB


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