Oireachtas Joint and Select Committees

Wednesday, 10 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Photo of Susan O'KeeffeSusan O'Keeffe (Labour)
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When Mary Burke gave evidence before us, she described the regular contact with senior executives in the Financial Regulator's ... and the banking executives, she said it often occurred without the knowledge of ... or the engagement of the supervisory staff. And we became quite familiar with the notion of the seventh floor and the meetings that took place there ... informal meetings which were not brought to the attention of banking supervision and at which no minutes were taken. How has that situation changed?