Oireachtas Joint and Select Committees

Wednesday, 9 September 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Alan Gray:

So I think there was very ... so that was not advice to the Taoiseach, Deputy, that was advice to the Department of Finance and to the Central Bank and to the Financial Regulator in my role as a director of the Central Bank. So, just for clarity, it wasn't advice to the Taoiseach. But in terms of the information that I had access to, I had no access to any information other than what was available to all the members of the regulatory board and all the members of the Central Bank board, which was very detailed information on the solvency position.

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