Oireachtas Joint and Select Committees
Wednesday, 25 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Michael D'Arcy (Fine Gael)
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In terms of the special resolution regime, we know from Mr. Peter Nyberg's evidence that the Department of Finance began thinking about the resolution regime in 2007 after Northern Rock. Many of us were unaware that the Department of Finance had even considered a special resolution regime. Should that have advanced?