Oireachtas Joint and Select Committees

Wednesday, 17 December 2014

Committee of Inquiry into the Banking Crisis

Context Phase

3:05 am

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein)
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Mr. Nyberg got the information in the end. He mentioned Mr. Wright, who will be before the committee tomorrow. He made a clear finding in his own report concerning the fitness for purpose - or not - of the Department of Finance.

In his report, Mr. Nyberg made several criticisms relating to the office of the financial regulator and the weaknesses and deficiencies there. Does he believe that at the time, the Office of the Financial Regulator was fit for purpose?