Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Con Horan:
Absolutely, particularly ... I mean, the IMF was, you know, it's a hugely influential organisation in the context of supervision and the approach that's been taken. And, being honest with you, I, you know, I took great comfort from the fact that they had seen significant improvements in 2006 in the regulatory regime and the fact that they were recommending that the prudential director would be put on the board of the authority. I think ... so that was important and clearly the OECD's views on the market were also vitally important and influenced a lot of people.
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