Oireachtas Joint and Select Committees

Thursday, 13 April 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Banking and Financial Regulation: Discussion with Mr. Jonathan Sugarman

10:00 am

Mr. Jonathan Sugarman:

I had my own sets of calculations at the risk department. The definitive set, which is what was audited quarterly and at the end of the year by KPMG, are the sets produced by the accounting department of the bank. It is their responsibility to comply with the prudential reporting as set out by the Central Bank. Obviously, we would all like to think we were singing from the same hymn sheet so we would like to see that my risk figures for 31 August tie in with those produced by the accounting department.

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