Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Just explain this to us in terms of from your point of view as a regulator, what solvency means? The standard definition that people would be familiar with is liquidity ... or, liabilities exceeding assets. Is there a different interpretation of solvency when we're dealing with the Financial Regulator's office?
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