Oireachtas Joint and Select Committees

Thursday, 28 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Joe HigginsJoe Higgins (Dublin West, Socialist Party) | Oireachtas source

-----the insinuation perhaps being that everything was lowered in terms of regulatory requirements. Did that fact put enormous pressure on you, as regulator, essentially not to become the heavy, because as Governor Honohan said, I haven't time to quote it, there was significant Government backing for the idea of the IFSC as a light-touch regulation place?

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