Oireachtas Joint and Select Committees
Thursday, 5 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Mr. Mario Nava:
There are clearly large exposure limits, no more than I would give a percentage of the capital or assets. They, clearly, are limits that the supervisors ought to control, and they will. I was just about to say one thing before the Chairman clarified his question. This does not impede the supervisors if, in some particular cases, they see that for a bank there is excessive growth, as was hinted before, or a particular concentration at the macro level in a given sector or country, with different counterparts. It does not impede the issue of the concentration limit being part of the supervisory pillar.
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