Oireachtas Joint and Select Committees

Thursday, 23 July 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

Can I just come in on that question there? The ... the Central Bank had powers in the overall macro stability of the country to make particular actions available through their own legislative framework. The Senator's question is that concerns were known to you, Tánaiste, in sharing those concerns with the Central Bank - and further to the sharing those concerns - did you discuss with them that they might invoke this part of the Central Bank Act or this part of the Central Bank Act? Is that fair enough? Okay, thank you.

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