Oireachtas Joint and Select Committees

Wednesday, 20 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

But in a general capacity, Mr. McDonnell, when a rule is being applied, I'm sure you, as the auditor, and the firm that you're auditing would talk about how the rule gets rolled out and all the rest. But what I'm asking you here is, was there concerns being expressed by either your firm or by the bank or were you in discussions that there were going to be concerns with regard to how this rule was going to be adopted and the implications of adopting it?

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