Oireachtas Joint and Select Committees
Thursday, 23 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Richard Bruton (Dublin North Central, Fine Gael) | Oireachtas source
No, I don't think I had any meetings at which there was lobbying for some change in the regulatory structure or the banking regulation from the banking system. You know, I developed most of my policy from talking to independent economists, academics. You know, that was really the source, you know, to provide some outside insight into this system and that's where, you know, a lot of our critique came from. A lot of the evidence of excess, you know, profit taking within the banks came from outside independent studies. So, no, it wasn't ... there wasn't a big lobbying campaign going on, and we introduced no measures to favour financial institutions in respect of it.
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