The 200,000 documents collected by the Nyberg commission of investigation into the banking crisis will be kept on a computer server for 30 years.
The contents will remain confidential. They are mostly e-mails and internal bank documents. The only organisation which could gain access to them would be any future tribunal into banking.
Meanwhile, the Minister for Finance has told the Dáil the Nyberg report into the banking system refers to bankers who forgot what lending was about, boards who did not understand their responsibilities and national authorities who underestimated the extent of the risks being taken.
Michael Noonan said the report, published yesterday, was also the story of an inept government who fuelled the trends instead of restraining them.
Mr Noonan said the report also states that the unhindered growth of the bubble was not acknowledged and acted upon at a national level.
He said the banks' boards did not seem to know how banks are run at grass roots level. He said they did not seem to understand the risks of funding development projects.
Mr Noonan said the report says the authorities did not recognise early warning signs. He said the report found that auditors had a narrow function that did not include instigating challenging dialogue.
Fianna Fáil's Brian Lenihan told the Dáil the report was damning about the financial regulator and the Central Bank. He said the regulator seemed to rely on the banks themselves to make the best decisions.
Mr Lenihan said the preliminary assessments of the situation were never made by the regulator.
He said the report said there was no failure on the part of the Government to provide the necessary resources and powers to those authorities. He added that there had been no contingency planning on the part of the regulator or the Central Bank.
More bankers will get severance packages - Kenny
The Taoiseach has said there may be more bankers who will walk away with severance payment packages similar to one received by the former AIB managing director Colm Doherty.
In the Dáil today, Enda Kenny also criticised the previous Finance Minister Brian Lenihan for not finding out more about Mr Doherty's contractual arrangements.
The Taoiseach conceded that there may well be other bankers entitled to similar packages - adding that he did not know, but the Department of Finance was now looking into the matter.
But Sinn Féin leader Gerry Adams pointed out the current Government was criticising the previous Government for not knowing details, when it was in the same position. And he contrasted the situation of top bankers with their employees, who had no such protection.
Fianna Fáil leader Micheál Martin called for the establishment of a powerful Oireachtas Regulatory Oversight Committee, to ensure that the same mistakes were not made again.
