Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Neary:
Yes. The, the way where we saw it was our job was to contribute to financial stability. And I think this particular MOU was fairly clear that our job was micro, excuse me, micro-prudential supervision, that is, concentrating on the activities of each individual institution. And also, we worked closely with the Central Bank then through the financial stability committee because they had a mandate for financial stability and we contributed a lot of information, facts, figures, views through the financial stability to ... to help the Central Bank manage their responsibilities.
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