Oireachtas Joint and Select Committees

Wednesday, 6 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Cormac McCarthy:

We had effectively a non-objection, Senator, so the regulator did not object. We engaged in some correspondence and dialogue with the regulator over a period of months, where the regulator raised some questions but essentially there was a non-objection to the product.

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