Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Mr. Hurley, you've seen the letter that we circulated to your legal team last week. The letter from the Office of the Financial Regulator is clear that there was an individual institution that had no access to ECB monetary operations, had not been accessing the wholesale markets for funding in recent months and were relying on retail and corporate deposits initiatives for liquidity. Can you clarify to the committee as to whether this was brought to your attention or not?
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