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:

It is because the Central Bank failed to issue a sanction, as it should have, against the bank for breaching the law by 20 times the permissible deviation. Lawyers whom I have consulted with said that until UniCredit has been sanctioned, I do not have a leg to stand on-----

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