Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Neary:

Yes. And it was in relation to a letter that Mrs. Burke had sent out to the sectoral concentration framework that was coming under Basel. Now, they admitted that they have exceeded the limit and, I think they also touch on this question of the predominant risk factor. But yes they did say they were comfortable, and they weren't challenged on that by all accounts.

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