Oireachtas Joint and Select Committees
Thursday, 25 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Eoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source
Thank you, Chair, and thank you, Governor. Just two brief questions. When the former chairman of the regulator was before us, Mr. Patterson, he talked about in the 1990s, I think 1995, the sectoral risk concentration levels being, what was the word, "relaxed" to attract a large foreign bank into Ireland and then, as a result, in order to apply fair treatment, the standards were relaxed for all the Irish banks. Do you know anything about that?
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