Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Ciarán Lynch (Cork South Central, Labour) | Oireachtas source
Mr. Neary, I just want to deal with issues relating to other agencies other than the Central Bank that you may have been engaging with, and explore your relationship between the Central Bank, the Financial Regulator, and the Department of Finance. So maybe just to get matters rolling in this regard, could you please describe the channel of communication between you and the Department of Finance during your tenure as CEO of the Financial Regulator; and how did this relationship then evolve; and how did you deal with the emerging material issues prior to the establishment of the domestic standing group in 2007? So I'm talking about the relationship with these agencies now, before the DSG was put in place?
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