Oireachtas Joint and Select Committees

Thursday, 11 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail) | Oireachtas source

Thanks for being here. The Financial Regulator proposed a number of initiatives to impose more explicit requirements on banks, such as the directors' compliance statements, corporate governance guidelines, and the fit and proper requirements. These proposals were not ... they were not fully successful. What was your view of these initiatives, and can you describe the circumstances in which the board chose not to implement the original proposed-----

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