Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Kieran O'Donnell (Limerick City, Fine Gael) | Oireachtas source
And effectively it's very simple, it says:
Dermot, we need your support on this - IFSC banking has been completely overlooked. The issue is as relevant to retail banks and has to covered bond banks at IFSC.
From Pat Farrell. That was on 15 October.
I want to direct you to Vol. 1 of your own book of evidence, and it specifically deals with page 95, which is the IFSC Clearing House Group, which was the meeting held exactly the following day, on 16th at 8.30, of which you chaired. And we have a Mr. Deeny, on page 98, speaking about supports for the IFSC. So can you tell me what were the circumstances of Mr. Farrell writing ... sending you that e-mail? What view did the Taoiseach take from that statement? And how did it evolve into the discussion process for the domestic ... for the Clearing House Group discussion meeting the following day?
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