Joe Higgins (Dublin West, Socialist Party) | Oireachtas source

And the 2013 assessment ... so Ireland was judged to be materially non-compliant in four areas as against the Basel core principles and they would be: 1, Independence, accountability and resourcing; 2, Supervisory techniques and tools; 3, Transactions with related parties; 4, Abuse of financial services relating to money laundering. etc. So can I ask you why was it anticipated that the Central Bank would be deemed non-compliant and if you anticipated that, why were these issues not addressed in advance and have you addressed them since?