Results 10,401-10,420 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Sorry, Mr. Fitzpatrick, sorry.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: My porridge I had this morning is after wearing off. Okay, it's agreed that the notes highlighting the risks, concentrations, etc., were included in the accounts. We covered that ground earlier. So we can take that as agreed, yes?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Alright. Notwithstanding this, the bank continued with the strategies adopted that's very much the narrative of your position today as well, yes?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay. So in that regard, how effective do you feel the communication of these risks were to Ulster Bank and could you have provided more clarity or direction to them?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Okay, alright, fair enough. Thank you for that. I'm going to bring matters to a close. Is there anything else you'd like to add, Mr. Fitzpatrick or Mr. Cullen?

Committee of Inquiry into the Banking Crisis: Nexus Phase (13 May 2015)

Ciarán Lynch: Alright, thank you. So with that said, I would like to thank Mr. Cullen and Mr. Fitzpatrick for their participation today and for their engagement with the inquiry. The witnesses are now excused. Before I go for adjournment, there's just one item in regard to a direction that the committee needs to deal with, with one of the investigation teams, so if I can just hold on. It's a one single...

Written Answers — Department of Public Expenditure and Reform: Flood Relief Schemes Status (14 May 2015)

Ciarán Lynch: 72. To ask the Minister for Public Expenditure and Reform the progress made by the Office of Public Works regarding the Douglas flood relief scheme; if firm commencement and completion dates have been established; if the project is on target to date; if the necessary planning permission has been obtained; and if he will make a statement on the matter. [18938/15]

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: I now call the meeting into public session. Is that agreed? And as we've a quorum, the Committee of Inquiry into the Banking Crisis is now in public session, and can I remind members, and those in the public gallery, to ensure that their mobile devices are switched off? We begin today with session one, public hearing, discussion with Mr. Laurence Crowley, former governor, Bank of Ireland,...

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Thank you again, Mr. Burrows and Mr. Crowley, and if I can invite, in whichever order you choose, the first of you to speak. Thank you, Mr. Crowley.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: We'll take it from the chair, you can sit down.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Thank you very much, Mr. Crowley. Mr. Burrows?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Thank you very much, Mr. Burrows, and thank you very much for your earlier comments, Mr. Crowley. Our speakers will commence this morning with Senator Sean Barrett. Senator, you have 25 minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: I'll put it up there, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Did you say 71, is it? Is this to do with the response of the Financial Regulator on review of sectoral concentration framework, yes?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: He's probably looking at the wrong page number.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: BOI - B2, pages 71 to 86 and the reference there is BOI101640.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Would you care to comment on that Mr. Burrows and elaborate?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: And in terms of the appropriate level of reporting to the board on concentration risks and other risks, would this have been on your radar?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Ciarán Lynch: Yes, and the broader issue related to it.