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

Page 6 of your presentation ... the one you sent in to us. The Irish Financial Services Regulatory Authority also set a commercial real estate cap at 250% of the capital base. In July 2007 the financial regulator agreed to a cap of 500%. Could you give us the background to ... was that your request ... to raise it to 500%?

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