Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Michael D'Arcy (Fine Gael) | Oireachtas source
Sorry, Mr. Beausang, the market analysis knew about the quality of the loan book, in particular, about Anglo and INBS, but few in the Irish regulatory agencies seemed to have any knowledge of those. The Financial Regulator had prudential access to the largest exposures. That was subsequently shared with the Central Bank and CBFSAI, both of whom were party to the DSG with yourself. And both those agencies had that information, and this information wasn't available to the market analysis, but it was available to those of you in regulation, which ... I'm including you and the DSG in that.
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