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NAMA Wine Lake

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THIS BLOG IS DEDICATED TO NAMA – the NATIONAL ASSET MANAGEMENT AGENCY, part of the REPUBLIC OF IRELAND’S RESPONSE TO THE 2008 BANKING CRISIS AND THE IMPLOSION OF THE IRISH PROPERTY BUBBLE.

This is a deliberately anonymous blog to allow postings which are untainted by any established interest in Irish banking, property or government administration. The blog is apolitical – the job of government is to govern, the job of opposition is to hold the government to account. The blog is neutral on the concept of NAMA and is more concerned with implementation. In addition to keeping abreast of developments in NAMA, there is reporting and analysis on the associated subjects of property, banking and the economy. Posts are meant to be provocative and engaging and contain quantitive information.  You can contact the blog privately using the contact form at the bottom of this page; message received in this way will be treated in confidence and will not be published.

Below is a store of published documents relating to NAMA.

NAMA Primary Legislation

NAMA Bill 2009 (produced for consultation – 10th September 2009)

NAMA Bill 2009 (passed by both Houses of the Oireachtas – 15th October, 2009)

NAMA Act 2009 (22nd November, 2009)

NAMA (Amendment) Bill 2011

Statutory Instruments

NAMA (Establishment Day) Order (19th December, 2009)

NAMA (Designation of eligible bank assets) Regulation (23rd December, 2009)

NAMA (Determination of Long Term Economic Value of Property and Bank Assets) Regulation (3rd March, 2010)

Conferral of Additional Function Statutory Instrument 505 (22nd October, 2010)

Determination of LEV of property and bank assets Statutory Instrument 504 (22nd October, 2010)

Business Plan

NAMA Supplementary Documentation Information Booklet (16th September, 2009)

NAMA Draft Business Plan (14th October, 2009)

NAMA Business Plan June 2010

Developer Business Plans

Guidance

Template

Panel of NAMA advisers assisting with the processing of Developer Business Plans

Version 2 NAMA Business Plan Templates (December 2010)

Codes of Practice

Disposal of bank assets

Conduct of officers of NAMA

The commercial interests of non-participating institutions

Servicing standards for acquired bank assets

Risk management including with regard to debtors

Code of Practice for the Governance of State Agencies 2009 (disposals of real property)

Quarterly Reports

Period ending March 2010 (published June 2010)

Quarter ending June 2010 – report and accounts and covering letter (published Nov 2010)

Quarter ending Sept 2010 – report and accounts and covering letter (published Mar 2011)

Quarter ending Dec 2010 – report and accounts and covering letter (published May 2011)

Quarter ending Mar 2011 – report and accounts, no covering letter (published July 2011)

Quarter ending Jun 2011 – report and accounts, no covering letter (published Nov 2011)

Quarter ending Sep 2011 – report and accounts, no covering letter (published Jan 2012)

EU Approval

Statement (26th February, 2010)

Decision (issued 26th February, 2010, publication to public on 9th April, 2010)

Approval of Tranche 1 and Tranche 2 valuations

The Tranches

NAMA press release about the first tranche (published 4.30pm on 30 March 2010)

NAMA detailed breakdown of first tranche (published at 5pm on 30 March 2010)

1st Tranche BoI Loans (2nd April 2010, retrieved 8th April, 2010)

1st Tranche of AIB Loans (published 6th April, 2010)

2nd Tranche initial transfers  (published 19th July, 2010)

2nd Tranche completion of transfer (23rd August, 2010) Key Data for Tranche 1 and 2

Other (selected, for full list of NAMA releases see the NAMA website here)

Supplementary Information relating to Brian Lenihan’s Statement to the Dail (published 6pm on 30 March 2010)

A Guide to NAMA (4-page brief overview published March 2010)

NAMA CEO, Brendan McDonagh’s opening statement to the Oireachtas Joint Finance and Public Service Committee on 13th April, 2010.

BELOW IS A CONTACT FORM WHICH CAN BE USED TO CONTACT THE BLOG IN CONFIDENCE. MESSAGES ENTERED BELOW WILL NOT BE PUBLISHED AND CANNOT BE SEEN BY OTHER BLOG VISITORS. THE BLOG CAN ALSO BE CONTACTED VIA EMAIL TO jagdipsingh2008 [at]hotmail[dot]co[dot]uk. COMMENT POSTING GUIDELINES ARE AVAILABLE HERE.

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This page has the following sub pages.

  • NAMA Business Plan
  • The Banks
  • PIIGS bond yields (via Bloomberg)
  • Department of Finance Watch – 1st February to 25th February
  • Share prices for Irish banks
  • Paddy McKillen v NAMA
  • House Price Database

1 Comment »

One Response

  1. on July 25, 2012 at 11:03 pm #vinb Wed 25/7/2012: Holding NAMA to account - Page 6

    […] watch this from 1:22 onwards – I could see Vincent and this gentleman hitting it off famously NAMA Wine Lake VHF, definitely tell Vincent's production team about this guy. 'In the nightmare of the […]



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