Oireachtas Joint and Select Committees

Thursday, 11 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Okay. Just on the issue of the powers that the Financial Regulator had, it strikes me that there is something of a difference between what you said verbally and what's in your ... your written report, and, you indicated a ... a change in your thinking. Was that a very recent change in your thinking, that the ... that the Financial Regulator did have adequate powers to intervene?

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