Oireachtas Joint and Select Committees

Wednesday, 29 April 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Eugene Sheehy:

Well, we were in discussion with the regulator about it - there's evidence of that in the bank documents - and we were working jointly at the time on the Basel II model and how that would look at sector concentrations, so that was a big issue because it was a totally different way to look at risk concentrations where in-----