Oireachtas Joint and Select Committees

Tuesday, 12 March 2019

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

A Future Framework for Accountability in the Banking Sector: Discussion

Mr. Maurice Crowley:

Yes, in what people will hopefully perceive as a balanced way. We are trying to influence legislation to land in a way that is sensible and which does not disrupt the financial stability of the banks and allows them to do their business in an appropriate manner. A great deal of the legislation which has emerged in recent years has been highly technical, in particular around capital requirements, liquidity and so on. As much as anything else, one is looking to influence the technicalities of legislation rather than its overall thrust.