Results 11,461-11,480 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Okay, so you wouldn't be familiar with the DSG. In that regard-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Was there any deficiencies, to your mind, with your familiarity with the domestic standing group that may have contributed to the failure of it in identifying early signs of the crisis?

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Mr. Neary, this country faced an economic financial meltdown, probably the biggest ... well, no question it may be the biggest crisis since the foundation of the State. This group had a role in operating as an early warning signal and as a strategy group to respond to any crisis. Did they do their job?

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Senator Susan O'Keeffe.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: You can certainly talk about this question.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Yes, sure.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: I understand the main question you're pursuing, Senator, and I'll give you some time on that. So go on.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Senator, Senator, I'll give you time-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: -----because I want to come in here myself now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Senator, I'll bring you back in because I need to reframe this for Mr. Neary so it's very, very clear. And to remind you you're under oath, you're here for questioning and that this inquiry has two things to do: one is to find out what went wrong, and secondly is to prevent it from happening again. What Senator O'Keeffe is asking you is that yes, there were a lot of actions taken by the ......

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: The question has been made, Senator, so don't get overly prescriptive on it and it is made clear to Mr. Neary, now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Senator, the question was made and you are over time and it's very, very clear what's being asked of Mr. Neary, so if I can .... talk us through some of the errors.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Okay, Senator, you're back in again this afternoon.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: At the time.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Thank you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Allow Mr. Neary to respond.

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Can I ask you one question before I move this on to the next questioner, Mr. Neary. At any time was your office or the Central Bank's office concerned about these levels of concentrations ... were they a matter of concern for you?

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Did those concerns ever find their way into the financial stability reports, or were they ever considered in the context of putting together the financial stability reports?

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: Okay, so, first question on that. Can you ... could you comment on where the accountability for instigating enforcement action lay for actions taken from the financial stability reports?

Committee of Inquiry into the Banking Crisis: Nexus Phase (28 May 2015)

Ciarán Lynch: I'll repeat it?