Oireachtas Joint and Select Committees

Tuesday, 12 March 2019

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

A Future Framework for Accountability in the Banking Sector: Discussion

Mr. Maurice Crowley:

It is more that the banks make assessments of the legislation but that they then work together collectively to ensure that they have it interpreted it correctly. This is non-competitive stuff. The banks work together to ensure they are putting the correct processes in place to implement the legislation appropriately.

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