Oireachtas Joint and Select Committees

Wednesday, 4 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Scrutiny of EU Legislative Proposals

3:55 pm

Photo of Liam TwomeyLiam Twomey (Wexford, Fine Gael) | Oireachtas source

A former member of this committee constantly reminded us of the problem of rehypothecation. Is this linked to shadow banking? Mr. Carrigan must have heard about it, given that we have heard it on at least 20 occasions. We thought the former member had extended his expertise to the Central Bank, but he must have not done so.

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