Oireachtas Joint and Select Committees
Thursday, 7 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Dr. Dan McLaughlin:
I think, basically, to be clear, the Central Bank set stress tests initially, which I wasn't particularly involved in at all. But ... then later on as a requirement of the Basel changes, the banks themselves had to do stress tests. I think those at the time, in my view, were adequate for Bank of Ireland.
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