Oireachtas Joint and Select Committees
Thursday, 5 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Mario Nava:
Not specifically my role. The ratings agencies are done by the corporate governance department and, in terms of the agencies, the work that the Commission did over the past few years was essentially it wanted to make their decisions more transparent and to make sure their decisions were taken on the basis of justified elements and with proper advance warning justification and so on, but credit rating agencies do not come under my remit.
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