Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Okay. Everyone back in the room and seated and, this is to remind myself as well, with their phones readjusted to flight mode. We will resume business, okay? All right. So, I am now bringing the meeting back into public session. Is that agreed? Agreed. And just one other matter there, Mr. Buckley, before I bring in Senator O'Keeffe, is if I could just come to yourself, maybe just to explore and get some understanding of the access ... the relationships had ... the access and relationship particularly how ... the relationship that AIB had with the Financial Regulator, the Central Bank and the Department of Finance, okay. And a ... the nature and the appropriateness of that relationship between the Central Bank, the Department of Finance and the banking institutions, in this specific case, AIB. What did you see, Mr. Buckley, as the main purpose and indeed the main outcome of the round-table discussions held with the Central Bank post-publication of the financial stability reports from 2004 onwards?

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