Oireachtas Joint and Select Committees
Wednesday, 25 March 2015
Committee of Inquiry into the Banking Crisis
Context Phase
Ciarán Lynch (Cork South Central, Labour)
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The term "light tight regulation" has been mentioned many times during the term of the inquiry. Taking the two terms together, has Mr. Browne in his experience as a journalist or from information available to him, ever come across gatherings or dinners hosted by the banking industry, which included members of the Central Bank, the Financial Regulator or officials or board members of same, at which it was stated that this was a manifestation of the light-touch regulation process?