Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Neary:
I'm not able to answer that. I wouldn't have that in any detail of what administrative sanctions regimes applied in other countries for prudential supervision. Certainly, I would be aware that for the consumer protection, especially in the UK, I think they had a pretty rigorous rule book and a sanctions regime affecting that but I don't know if they had it for the prudential supervision. So, I'm unable to answer that.
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