Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Con Horan:

My recollection is that was that the exercise in that the simulation of the financial information in that exercise took a lot longer than expected in terms of the Central Bank and the Financial Regulator pulling together information. And the Department of Finance were not involved until very late in that process. So that was one of our lessons from that exercise.

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