Oireachtas Joint and Select Committees

Thursday, 16 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Bertie Ahern:

Well, dealing with both issues, I never launched or wrote a foreword to any document that was to do with light-touch regulation. The document of 2004 was for good regulation, for better regulation, based on the OECD efforts at the time that countries should not be regulating in areas that were not necessary and that for poor regulation which was affecting economic progress and stability of economies. So there was no ... the principles that were laid out in the better Government regulations or was entirely different. So I think the purpose that you've put on it is just misleading it, either intentionally or deviously. What was your second question?

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