Oireachtas Joint and Select Committees
Thursday, 2 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Sean Barrett (Independent) | Oireachtas source
Thank you. On your bullet point 25, it says: "...there is no evidence that the Financial Regulator did not have adequate powers to deal with the emerging situation...". We did have evidence, I think it's in Honohan, that it took eight years of correspondence with what he calls Bank A, I think, which was pretty unsatisfactory to read in retrospect.
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