Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Gerry Fitzpatrick:

We made reports annually. First of all, I guess, the report we make is a confirmation of whether we may had ... had circumstances during the period. The criteria set out in that Act is something that would jeopardise the continuous functioning of the organisation, as you referenced, either inability to meet depositors' requirements or perhaps other material factors.

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