Oireachtas Joint and Select Committees
Wednesday, 6 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Cormac McCarthy:
Yes, indeed and our parent bank would have met with the regulator when they visited, so for example, the head of regulatory risk or regulatory risk in Royal Bank of Scotland would have met with the regulator. Senior management from Royal Bank of Scotland would have, as a matter of courtesy, if they were visiting Dublin would have met the regulator, say, on an annual basis, so the chief executive of Royal Bank of Scotland Group would have met the Governor of the Central Bank or the chief executive of the regulator on, say, an annual basis when visiting Dublin.