Oireachtas Joint and Select Committees

Thursday, 21 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Hurley:

There would from time to time, but most of the contacts would have been through the normal functions of the Central Bank in relation to ECB or collateral functions and so on, but not directly interfering with the regulatory function. Once the regulator was established the relationship between the Central Bank and the banks changed dramatically.

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