Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. David Gantly:

Okay. Well these, Senator ... the liquidity issue was certainly getting more critical. My take was that our regulatory requirement was absolutely satisfied up until the guarantee. I'm not ... I don't know the full details behind, you know, what document he's referring to. Clearly, we would have had ... we would have been sending liquidity reports. They would have gone to the regulator, would show your inflows and outflows and your net position and there are going to be days where you've got bigger exposures than not. So, I'm ... I'd really need to see the document to comment there.

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