Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Richie Boucher:

There is a certain aspect of the bank, of that bank's activities which is the provision of fund management services, which is covered under what we call EMIR. And I'm sorry, it's an acronym, I can't remember exactly what is ... but it has something to do with securities. And that has a regulatory interface with the Central Bank of Ireland.

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