Oireachtas Joint and Select Committees

Thursday, 5 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

I refer to something Mr. Nava mentioned earlier about credit concentration limits. Are we going to have harmonisation at EU level on credit concentration limits or will that be left to national authorities in new supervisory structures? I was not clear from Mr. Nava's earlier statement if there was going to be an EU-wide directive on credit concentration as part of new structures or whether it will be left to the national authorities.

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