Oireachtas Joint and Select Committees
Tuesday, 4 April 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with Central Bank of Ireland
10:00 am
Professor Philip Lane:
Yes. That captures it. That same philosophy pervades many of our codes. There is a whole range of different regulatory requirements which essentially boil down to what the Deputy has just said. I will ask Mr. Sheridan and Ms Rowland to respond on what happens when these codes are violated.