Central Bank of Ireland governor Gabriel Makhlouf says he has “no doubt” the central bank complied with the law regarding the purchase and holding of Israel-related bonds, according to reporting that cites his statements. The comments address questions around the legal and regulatory basis for the bonds, including how the central bank’s responsibilities are understood in relation to the investment arrangement.
Makhlouf also indicates the issue may come before the central bank again if the bond arrangement is renewed. He suggests that, in the event of renewal—described in the reporting as potentially occurring in September—the Central Bank could have a role connected to any future approvals.
The coverage reflects a consistent account from the outlets provided: Makhlouf frames his position as confidence in the central bank’s legal compliance and points to a possible supervisory or approval function tied to the timing of renewal. The statements focus on compliance and potential next steps rather than detailing specific legal provisions or the exact mechanism of any renewal or approval process.