Results 5,421-5,440 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Yes. Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay. I'm aware of the rating agencies and all the rest of it. But, kind of, in analogist terms, they're living down the road. You were in the house. You weren't living next door, you were meeting with these institutions. You were engaging with them on a day-to-day basis. You weren't abstractly removed or you weren't, kind of, taking a macro overview from a distance. You know that...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Senator MacSharry, wrap up please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay. Deputy Murphy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay, I just want to wrap up with just getting an overview ... maybe ... situation from you, Mr. Horan, in regards to the IFSRA's view of liquidity situation of the Irish banks. And ask you did you get any sense of urgency or concern from the banks as regards their funding or liquidity positions in the three months immediately prior to the issuance of the guarantee?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: I just want to take you ... this won't be displayed, but it's Vol. 1, page 93.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Yes, indeed. And it's a letter from the regulator's office to a financial institution. And in that correspondence ... are you familiar with it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: It's page ... it's actually 97 and 98 in my document here ... it's the ... sorry, I'll just put it up for you there now. Page 97 in the core document.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: 93, so I might've mis-referenced that there. Are you familiar with that correspondence, are you?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Were you familiar with that correspondence at the time of its issuance or there ... or some time afterwards?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: When would you have seen this correspondence for the first time?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay, was the contents of that correspondence at any time discussed at any meeting that you were in attendance to?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Looking at it now and given that we were speaking about the three months before the guarantee that there was a liquidity crisis ... that there were liquidity issues in the sector, was this indicating ... or did this have potential to indicate that it was more than once ... in fact it was over a year beforehand, that there were significant liquidity matters that were on the radar of the...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Yes, yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Are you describing this as a teething problem?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: I know, but you can have difficulties with new legislation, new measures come in, because people have to get up to speed and all the rest of it, which are kind of teething issues. Are you saying that this is a teething issue, and it's not a liquidity issue?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Finally, just to ask you, Mr. Horan, by means of closing comments, I give you the opportunity to close this evening's engagement. In your opinion, what steps could have been taken to avert a crisis, and what would it have been, and at what time would you have made those interventions?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Thank you. So with that said, I'd like to thank you, Mr. Horan, for your participation today, and for your engagement with the inquiry, and now to formally excuse you, and to propose that the meeting is adjourned until 9.30 a.m. on Thursday, 28 May. Is that agreed? Thank you.

Written Answers — Department of Social Protection: Carer's Allowance Applications (26 May 2015)

Ciarán Lynch: 173. To ask the Minister for Social Protection when an application for carer's allowance in respect of a person (details supplied) in County Cork will be determined; and if she will make a statement on the matter. [19866/15]

Written Answers — Department of Social Protection: Carer's Allowance Applications (26 May 2015)

Ciarán Lynch: 232. To ask the Minister for Social Protection when a determination will be made on an application for carer's allowance in respect of a person (details supplied) in County Cork; and if she will make a statement on the matter. [20620/15]