Oireachtas Joint and Select Committees
Wednesday, 22 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. John Dunne:
No, it fits the touch ... principles-based regulation. And you know, the fact of the matter is that in an earlier exchange on this topic in this forum I made the point that the staffing levels within the context of the system were agreed with the staff and signed off with the staff, but subsequently, I also made the point, that they were professionally analysed and they were found to be appropriate to the circumstances of the system that we were regulating by an international firm of consultants who benchmarked our staffing requirements against those internationally.
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