Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Neary:
Well, I have to frame my response in terms of the ... the framework of supervision that the authority put in place and that was to monitor the capital position, the liquidity position, the bad debt position and the governance position of the banks. The authority never envisaged a role for, for the regulator in involving itself in individual loan assessments and loan contracts between banks and borrowers.
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