Oireachtas Joint and Select Committees

Wednesday, 17 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. Tom Considine:

Well, no, I mean, that would be very much, I think, the day-to-day operation of regulation. The Department of Finance was more concerned with structures and so on like that and if you read, say, virtually all the documentation, including McDowell, I mean, there was more or less universal agreement that the regulator should have autonomy on its day-to-day regulation.