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Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: Along with that, was the politicians, was it? Was there politicians on the group, no?

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: Okay, so it was civil servants. And what influence, if any, did it have on legislation regarding the IFSC?

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: Okay, and did any legislation specific from the IFSC, originate from that group or suggestions from that group?

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: Okay. On page 3 of your statement, paragraph 5.9 you say, "my area had no role or mandate in assessing the efficacy of financial supervision or in overseeing systemic stability". So bearing that in mind, in terms of your responsibilities regarding the international financial services area, did you notice or not something was up in the international financial markets from 2006 onwards and...

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: Depfa was one of those, wasn't it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: Yes-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: The Honohan report says that the preoccupation of that weekend ... the weekend of the guarantee was actually in relation to Depfa, not Anglo Irish Bank. Would you agree with that?

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: There was a ... the preoccupation that was taking place, a lot of concern or consideration was being placed on Depfa that weekend of the night ... of the weekend of the guarantee.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: Okay, in the core books on page 126 up to 128, there is a note there and it's from yourself, Mr. Beausang to the Tánaiste: Briefing on banking sector issues - 24 April 2008.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: No, it's your documents.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: It's page 126. That ... the briefing note to the Tánaiste on 24 April - banking sector issues - 24 April 2008, that would be the Tánaiste, Brian Cowen, at the time, would that be, would that-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: And this coincides with his private dinner that he had with the board of Anglo at a venue in St. Stephen's Green. Is this what this briefing paper was ... was prepared for?

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: On page 116, there is an e-mail a number of months later in from yourself and it says: "The recent note prepared for [the Tánaiste] meeting with some bankers might provide a good basis for [it]" and this is the note that you are referring to.

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: The note talks about the NTMA placing deposits with most of the main financial institutions and it says, ''They are keeping this under review and will liaise with the Department and the [Central Bank]/Financial Regulator as necessary.'' You will be aware that there was a statement made by one of the Anglo senior bankers that a suggestion was made at that event that there was a request made...

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: Sorry, I'm not asking broadly. Obviously, the note that you prepared for the ... for the Tánaiste for that meeting deals with the fact that the NTMA were keeping this under review and they had, as you say, placed deposits with most of the main financial institutions. The question is: were you aware, or did you become aware through any forum, of a request to the NTMA to place deposits...

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: Was this something you discussed, for example? Was that discussion taking place, that maybe there should be deposits placed with Anglo?

Committee of Inquiry into the Banking Crisis: Nexus Phase (24 Jun 2015)

Pearse Doherty: I'm sorry, and was that reflected to the NTMA? Like, is that not basically the same thing as saying ... if you're saying that the deposits should be placed with the institutions to give confidence to them, is that not the same thing, i.e. "The only institution that you aren't placing deposits with is Anglo so, therefore, we think that you should". Is it not just saying the same thing by a...

Written Answers — Department of Finance: National Economic Dialogue (25 Jun 2015)

Pearse Doherty: 86. To ask the Minister for Finance if he will provide a list of the persons and organisations invited to take part in the National Economic Dialogue on 16 and 17 July 2015. [25457/15]

Written Answers — Department of Health: Medical Card Applications (25 Jun 2015)

Pearse Doherty: 164. To ask the Minister for Health when a person (details supplied) in County Donegal will have an application for a medical card processed; and if he will make a statement on the matter. [25476/15]

Committee of Inquiry into the Banking Crisis: Nexus Phase (25 Jun 2015)

Pearse Doherty: Go raibh maith agat, a Chathaoirligh, agus fáilte roimh an tUasal Honohan. Agus go n-éirí an bóthar leat agus tú ag éirí as do phost, agus tuigim fosta go seo an chéad píosa fianaise a tugadh dúinn i nGaeilge, leis an seanfhocal a thabhair tú isteach le d'óráíd so tá fáilte roimhe sin fosta. Can I ask you, first...

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