Oireachtas Joint and Select Committees
Thursday, 15 January 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
You said earlier this morning that the regulation was the same. Something happened. Sectoral credit limits were there, set out clearly. No new letter came from the Central Bank; there was no waiver issued on paper but something happened and the banks started changing how they operated. How did that happen?
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