Cyril Roux: Why mortgage limits must remain in place

We have moved from crisis to recovery, but preventing borrowers going into mortgage arrears is our goal

There can be no more risky lending when it comes to getting a mortgage Pic: iStock

The Central Bank has just published its first separate annual performance statement for financial regulation. In it, we have tried to describe in plain English what we have achieved in 2015 and what we aim to achieve in 2016, as we move from crisis management to prevention in a recovering economy in which fragilities and risks still remain.

Perhaps the most visible decision taken by the Central Bank in 2015 in that regard ...