Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Con Horan:
Well, I think the approach, as I recall it, was to the extent that banks were over those limits, there was a process of engagement went through to just see where their exposures were. So, if the book was split between the UK and Ireland and the US, you might say, "That's diversified enough". If it was one in development land, another in-----
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