Oireachtas Joint and Select Committees
Wednesday, 25 February 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Professor Eamonn Walsh:
This is again, a fascinating issue. It would be very easy to slice up something or characterise a transaction in a particular way to navigate around such specific rules. For example, we could take something that the man on the 44A agrees is speculative property lending and redesignate this as lending to a retailer.