Oireachtas Joint and Select Committees

Thursday, 25 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

Okay. I appreciate that. The IMF mission in 2009 referred to the lack of a resolution regime. Can you explain the delays in initiating such a regime in Ireland, bearing in mind that the UK implemented one by way of its Banking Act in March 2009?

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