Oireachtas Joint and Select Committees

Wednesday, 15 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Pat Farrell:

Oh, I would have had a reasonable amount of interaction. I mean, how much is how much? I mean, I suppose I had a very busy agenda. I had a mandate which was for a sector that was a regulated sector, which was subject to legislation. The Department of Finance had a particular role in relation to the sector. The Central Bank obviously and the Financial Regulator were the appropriate regulators and therefore in order to discharge my mandate, I had to have a reasonable degree of interaction. I had meetings with Ministers and officials. I had meetings sometimes, but not that often, I have to say, with Ministers themselves. And I would have had ... I'd say my primary action probably ... interaction was with officials.

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