Oireachtas Joint and Select Committees

Thursday, 14 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Terence O'Rourke:

Yes. Yes, I believe so, I mean, our client ... in AIB ... they would do extensive work. There was huge papers produced in terms of, of the bank clients, they would produce papers. But there's also KPMG international guidance as well, in how you went auditing commercial real estate and all the rest. So we had access to lots of material in terms of the kind of risk you looked at, for the kind of audit procedures to apply, they would have been absolutely ... I'm sure our people are fully competent and fully expert in that.

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