Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Tony Grimes:
Well, I think that ... my ... my recollection is that there was a lot of interaction between regulatory staff and, you know, Anglo Irish Bank at this stage. There was a lot of concern about how the overhang of the CFD positions would be resolved. But, from the Central Bank point of view, this ... we looked upon that directly as an issue of regulation. And it was primarily a matter for discussion between the regulator and the bank concerned. Having said that, as I said earlier, I think, we were concerned about the fallout from such an overhang for the liquidity ... that might occur and the need to maybe supplement liquidity available to that bank if it became-----
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