Oireachtas Joint and Select Committees

Thursday, 5 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Mr. Mario Nava:

My confidence has increased, and if I may I will give two replies. On a scale of one to ten my confidence is at nine in the regulatory reform in place. At the opening of the Brisbane G20 summit, the chair of the Financial Stability Board stated regulatory reform is substantially complete and what remains are banks which are too big to fail. My confidence has increased threefold with the work of recent years.

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