Oireachtas Joint and Select Committees

Wednesday, 24 June 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John McCarthy:

It is quite clear and I don't know whether it's the Nyberg or it is the Wright report, that there was a silo-based culture at the time, that no longer exists. We now have various governance changes and procedural changes, whereby all policies are discussed every fortnightly by what is called our policy committee. All staff members in the Department are encouraged to bring issues to the policy committee and every division in the Department is represented but, at the time, there was a silo-based culture.