Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

Could I draw attention to the letters from the regulator, UBI - B2, pages 26 afterwards. You were saying to Senator O'Keeffe that lots of banks got these kinds of letters, but I have to point out for the record that there are two recommendations which are general findings and there are five more which are specific to Ulster Bank.

In fact, they're called on page 26 Ulster Bank IL -"Specific Findings". So, in fact, we don't know that other banks got the majority of that report on them, dated March 2008, isn't that right?

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