Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Yes. The memorandum of understanding, and this is in Volume 1 of the evidence book, page 29-32. The memorandum of understanding between the Central Bank and the regulator dealt with the responsibilities of both the CBFSAI and the ... IFSRA. Was the excessive credit growth of the banks a development that should have been dealt with by the Financial Regulator or by the Central Bank?

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