Oireachtas Joint and Select Committees

Wednesday, 9 July 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Collapse of Setanta Insurance: Central Bank and Department of Finance

4:10 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I will ask a couple of quick questions as there is a vote in the Dáil. Listening to Mr. Sheridan and in view of the actions of the Central Bank on provisioning, is it the case that if the company was regulated in Ireland, as a bare minimum, the problem in terms of blanket provisioning would have been identified earlier?

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