Oireachtas Joint and Select Committees
Wednesday, 20 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Yes. The question that I am asking is not in relation to what you're required to report, which is in ... again, in your opening statement, you talk about the statutory duty to report, but you go on to say but "nevertheless feels that in the public interest it should be brought to the attention of the Financial Regulator," that it allows an auditor ... and I will read it again: "where the auditor concludes that a matter does not give rise to a statutory duty to report but nevertheless feels that in the public interest it should be brought to the attention of the Financial Regulator". So there was, and correct me if I am wrong, but from your statement, my reading is that there was an ability to report issues that were not statutory and an obligation on you to report, if you felt it was in the public interest?
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