Oireachtas Joint and Select Committees

Wednesday, 8 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Brian Cowen:

I think, clearly, other legislative priorities took precedence. This was sort of a consolidation idea. It was about consolidating financial services legislation, put it all under the one Act, if you like, and it would be good for the purposes of presenting Ireland as a good location for financial services etc. But there were far more ... you know, so you we had that in place in various legislative framework and this was all about bringing it all together and reviewing it and all the rest. And we obviously ... other legislative priorities took over pretty quickly.

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