Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Successive reports of the C&AG have urged improvement in the methodology, and that being the system evaluating risk, using such factors as supervisory complexity, corporate governance, business and reputational risk, and so on, based on regular statistical reports provided by credit institutions on their activities and financial conditions. I suppose, Mr. Neary, my point is ... or my question is in relation to the criticisms coming from the C & AG, about the level of inspections and the, the methodology being used in carrying out those inspections to evaluate the risk being taken by the banks and what your response was, as Financial Regulator, to those reports.
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