Oireachtas Joint and Select Committees

Wednesday, 21 January 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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I wish to pursue two of the matters Deputy Higgins raised. The first relates to the growing sophistication, complication and diversification of the range of products available within the financial services sector. Did the availability of such products have an impact on the regulatory framework that was in place and increase the pressure on it?