Oireachtas Joint and Select Committees

Thursday, 5 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

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

A restructuring plan was required as part of the recapitalisation of Anglo Irish Bank. Does the competition arm of the Commission, as opposed to its regulation arm, deal with this issue?

Mr. Nava indicated he has read the report by the House of Lords on the response of the European institutions to the crisis which was published on 27 January. The report was not completely uncritical of the EU institutions. It includes a section on the politicisation of regulation and identifies a number of areas where it suggests regulation was politicised. In the period leading up to 2008, was politicisation of regulation or deregulation an issue in terms of national supervisors?

Comments

No comments

Log in or join to post a public comment.