Oireachtas Joint and Select Committees

Wednesday, 13 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Patrick Davitt:

I'd say the weakness in the process was that there was no valuation standards there so ... like ... we didn't ... IPAV didn't have to have standards for their valuers, as such, because there was no national actual standards. So whatever we had was a plus from a national point of view.