Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

Mr. Grimes, our evidence book shows that there were generally at least six members of the financial regulatory board also on the board of the Central Bank ... of the 12, so half or more of the board of the Central Bank were also in the Financial Regulator. Are you telling me that, in 2003, 2004, 2005 and 2006, that it wasn't a major subject of discussion on the board, the amount of resources available?

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