Oireachtas Joint and Select Committees
Thursday, 21 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
Following on from that, on 9 July there is an e-mail, on page 212 of Vol. 1, in which you make reference ... it's an e-mail from the Central Bank to, I think, the Department of Finance where you wish to speak about the special resolution regime and you said, "Irish banks also have full access to the funding facilities of the ECB, which accepts a much broader range of collateral than many other CBs [central banks]". Yet, we have a letter a short time earlier on 1 March stating that one financial institution had no access to ECB funding at all. So-----
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