Oireachtas Joint and Select Committees

Wednesday, 19 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Role and Contribution of Public Interest Directors in Financial Institutions: Discussion with Permanent TSB

4:20 pm

Photo of Stephen DonnellyStephen Donnelly (Wicklow, Independent) | Oireachtas source

In response to a parliamentary question the Minister for Finance stated: "To address the scope for actual and perceived conflicts between the fiduciary responsibilities of the directors of financial institutions under company law and the wider public interests ... [I am skipping a line or two but the meaning holds] ... the over-riding duty of directors [the Minister is talking about public interest directors] of the covered institutions relates to the public interest as set out in-----

Comments

No comments

Log in or join to post a public comment.