Oireachtas Joint and Select Committees
Thursday, 28 May 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Mr. Patrick Neary:
Yes, I mean, I ... it was an uncomfortable situation for the authority to be in. I think it was a shame that that ... particular piece of legislation, that particular requirement was inserted in the legislation and I believe it has been taken out now.
There is an inconsistency between being a regulator and, you know, also being seen as very receptive.