Oireachtas Joint and Select Committees

Wednesday, 11 February 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

Professor FitzGerald said he received an unsatisfactory response from the regulator after raising concerns to do with property leveraging in a Polish context, specifically to do with an Irish bank having a large banking interest there and how people may purchase, use that leverage back here, and so on. Did that make him conclude in any way that the regulator was fit for purpose here?

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