Oireachtas Joint and Select Committees
Wednesday, 15 July 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein)
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Okay. In 2007, the IBF brought together the chief risk officers of the banks in Ireland to discuss the systemic risk. At any point, was the issue of solvency of an Irish financial institution, and the systemic impact on the banking sector, discussed or considered? And what was the eventual outcome of this meeting? And were officials of the Financial Regulator or the Central Bank or the Department of Finances updated on the discussions and outcomes?