Oireachtas Joint and Select Committees

Thursday, 11 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Michael D'ArcyMichael D'Arcy (Fine Gael) | Oireachtas source

Can I refer back to Vol. 2 of your documents on page 3? And I believe this is a 33AK document, it's an aggregate of the documents, I'm not sure if it's going to come up on the screen ... can it come up on the screen? But I'm going to read from it, Mr. O'Reilly. And this is a meeting in April 2004, you were in your job 12 months:

X reported under Financial Stability Matters on recent discussions at the boards of ... CBFSAI and IFSRA. He suggested that the CBFSAI had not convinced market participants that there may be "systemic risk" building up in the banking sector.

Do you recall that meeting?

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