Oireachtas Joint and Select Committees

Wednesday, 27 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Marc MacSharryMarc MacSharry (Fianna Fail)
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Can you just confirm that a contract for difference for want of a better expression is a spread bet on stock? And can I also ask, in terms of the principles-based regulation, which was adopted both here and nationally, did it in effect amount - and I asked this last week - was it tantamount to self-regulation?