Oireachtas Joint and Select Committees

Wednesday, 10 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Cyril Roux:

Well, when I arrived, we were already with COREP and FINREP, it's just been increased by CRD IV, but we were already there. There are some parts that were not under COREP and FINREP, that's the liquidity reporting, because liquidity rules were domestic ... so, were national. So the liquidity ratio ... the French liquidity ratio is different from the Irish liquidity ratio when the reporting is ... is, you know, is ... according to domestic legislation. So, that would be quite ... that would be different. But, for-----

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