Results 11,581-11,600 of 16,492 for speaker:Ciarán Lynch

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

Ciarán Lynch: Okay. I want to move on to another document there, if I can get it up on the screen. It's evidence book, Neary Vol. 1, page 181.

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

Ciarán Lynch: Yes, it's coming up there now. It's on your screen there. In your statement to the joint committee, Mr. Neary, you stated that you were aware ... that you were "unaware of any incidences where supervisory issues uncovered by statutory auditors were escalated to the Authority." In the context of that statement, can you comment upon the three pieces of evidence noted below and I'll go...

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

Ciarán Lynch: I just want to move on and it's on a similar line, Mr. Neary, in regard to contrarian views. And in respect of the risks highlighted in the financial stability reports and views expressed by internal and external contrarian economists, did the authority give sufficient consideration to the adequacy of its prudential supervision procedures and if it didn't, why didn't it do so?

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

Ciarán Lynch: Just to round this off, so, and I'll bring in the next questioner. As I said, we heard about the tone and tenure of the 2007 financial stability reports and I assume these were discussed at board level, as we know. To your knowledge, who was ultimately responsible for the tenor and tone of the financial stability reports? Who had that editorial control as to this is the how the tenor and...

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

Ciarán Lynch: I was going to say something but I had to actually rule myself out of order so I'm not going to say it. So the ... the narrative and presentation of this document was set by the Governor. So the optical position as to the financial health and well being of the country would be one that, ultimately, would be decided by the Governor; that the state of the nation as so it was, Mr. Governor...

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

Ciarán Lynch: Okay, thank you very much. Senator Michael D'Arcy.

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

Ciarán Lynch: Please ask Mr. Neary first, "Are you familiar with the section in the book?"

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

Ciarán Lynch: Senator D'Arcy, back to you.

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

Ciarán Lynch: Well, I don't ... Mr. Neary doesn't know what's in the book, but if you can be general in it, I can try to facilitate it.

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

Ciarán Lynch: Okay. All right.

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

Ciarán Lynch: Can I ask you, Senator, what's the evidence you're trying to establish here-----?

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

Ciarán Lynch: Thank you. The question is made. Thank you. Response, Mr. Neary, and then I'll move on.

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

Ciarán Lynch: We will move on because I'm not too sure where this is going.

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

Ciarán Lynch: That's a narrative, now-----

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

Ciarán Lynch: Okay, thank you. Deputy Higgins. Deputy, you have ten minutes.

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

Ciarán Lynch: Just talk away about that. If Mr. Neary is not familiar with it, I'll just give him time to read it. Okay?

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

Ciarán Lynch: Are you familiar with the document, Mr. Neary? If not, I'll give you-----

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

Ciarán Lynch: -----a moment there to read it.

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

Ciarán Lynch: For the record-----

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

Ciarán Lynch: -----the note is Kevin Cardiff's note, it's not Mr. Grimes'. note or anybody else's. The note is of Kevin Cardiff's.