Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay, well, we'll come to that again. Can you explain the role of the Financial Regulator in the need to seek both sets of analysis of, one, the review loan books, and, two, capital adequacy? And, specifically, why was the analysis not performed under the remit of your office? This is the analysis that was carried out just at the time of the guarantee by Merrill Lynch and PwC.

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