Oireachtas Joint and Select Committees
Thursday, 5 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Mario Nava:
Supervision certainly helps to contain risks, and more intrusive supervision, which results in better knowledge of banks' risk management and the internal measures they take, has helped. One can look for the correlation. The crisis was general in Europe but it is clear that it has hit some countries more than others.
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