Oireachtas Joint and Select Committees
Wednesday, 4 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Professor Alan Ahearne:
What needs to happen is that the Financial Regulator and the Central Bank need to do intrusive, proper banking regulation. It is not so much the structure of it, or whether one has a financial regulator separated from the Central Bank, or whether they merge together. I do not think that is particularly important. What is important is that the regulator does good regulation and acts like a referee in a football match.
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