Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour) | Oireachtas source

I mean you, in Vol. 2, page 15, your e-mail to the Financial Regulator, dated 29 November, not surprisingly talked about the threats to liquidity and the fact that the interbank market is now effectively closed. Do you believe or do you think that the Financial Regulator, while you were giving information all the time and, as you say, you had a professional relationship and you were in touch, increasingly in touch, was the Financial Regulator's office slow to take control of the situation or did the Financial Regulator's office do a good job?

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