Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Sean BarrettSean Barrett (Independent) | Oireachtas source

It's on page 3, "it should be noted [the] standards were non-statutory and [therefore] not enforceable". Was it ever considered that we'd better get around to Leinster House and get some legislation, because if this is not enforceable, well, we couldn't have predicted what happened in 29 September 2008 but was a more organised system ever considered?

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