Oireachtas Joint and Select Committees
Wednesday, 24 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source
Okay. On page 3 of your statement, paragraph 5.9 you say, "my area had no role or mandate in assessing the efficacy of financial supervision or in overseeing systemic stability". So bearing that in mind, in terms of your responsibilities regarding the international financial services area, did you notice or not something was up in the international financial markets from 2006 onwards and were there any examples of institutions within the Irish international financial services areas that found themselves in difficulty?
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