Oireachtas Joint and Select Committees

Wednesday, 2 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Eoghan MurphyEoghan Murphy (Dublin South East, Fine Gael) | Oireachtas source

Thank you. Can I just ask then about the final returns or the sectoral returns, which, in each of the years from '04 to '07, you were exceeding the sectoral limits - the 200% of own funds and the 250% of own funds. So, what was the regulator's response to this when that was raised with you?

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