Oireachtas Joint and Select Committees
Thursday, 19 October 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Engagement with the Central Bank of Ireland
9:30 am
Professor Philip Lane:
I will not use either phrase because, in the end, we are not putting any limitation on the boards of these banks to be as generous as possible. The way to phrase it, however, is we have pushed back on schemes that are below some minimum threshold. In that sense, these schemes meet some degree of proportionality but that does not mean we endorse them.
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