Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour)
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I'm trying to clarify between practice and legislation and rules. Whether a practice was taken or not, what I'm trying to find is the underpinning factor of this. Was the office of the regulator accountable to the board and could it have been directed by the board? Whether it was done in practice or not, we can discuss later.