Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Kieran O'DonnellKieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source

Okay. So do you believe that a financial stability report took sufficient note of the concerns of the supervision during the period, we'll say, in which, which is the critical period in '08? So you were, you were director general of the Central Bank, but you were a member of the regularity board, which, obviously, was over supervision. So do you feel that, I suppose, in particular, that the financial, we'll say, stability report, particularly for '07 and '08, took account of the level of supervision and the concerns of the supervisory authority?

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