Oireachtas Joint and Select Committees

Thursday, 11 December 2014

Public Accounts Committee

Credit Union Fund Accounts 2013; Credit Resolution Institution Fund Accounts 2013; and Credit Union Restructuring Board Accounts 2013

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10:40 am

Mr. Patrick Casey:

Obviously the valuation of the assets of an entity is a matter for the board of an entity. In applying its fiduciary obligations, it takes impairments on fixed and loan assets.

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