Oireachtas Joint and Select Committees

Wednesday, 4 June 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Scrutiny of EU Legislative Proposals

4:15 pm

Mr. Aidan Carrigan:

Some shadow bank funds got into difficulty and those required interventions by the sponsors. The sponsors are another factor in the money market fund structure. Many of those funds are sponsored by larger entities.

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