Oireachtas Joint and Select Committees
Thursday, 13 June 2013
Public Accounts Committee
Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed)
2:00 pm
Mr. Matthew Elderfield:
They were very robust. The conservatism level was significant. The BlackRock numbers were some €8 billion tougher than what the banks wanted and we put some extra buffers in there on top. My successor will have to look again at how all these factors are looking some two or three years on.
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