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
Stephen 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-----
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