Oireachtas Joint and Select Committees

Thursday, 3 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Peter Fitzgerald:

Yes, true. The only piece that I am aware of, because I wasn’t - and I mentioned in my statement earlier on - I wasn’t party to conversations with the regulator, the Department of Finance or Central Bank. So, from my perspective I know that our risk function would have sent a daily, if not twice daily, report generated from the bank’s systems of our liquidity position to the Financial Regulator. It was on their behest and going right back to early in the crisis, so it was now a formal part of our day.

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