Results 11,701-11,720 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: And on the consumer regulatory side?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: And in your opening statement you mentioned, on page 3 and 4, the supervisory powers were extended and over 70 engagements were held in 2009 and fines resulted from these. From what sort of breaches did these fines result and was there a particular issue that was uncovered repeatedly?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: It's from your own opening statement, pages 3 and 4. You can refer to it.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: We'll move to wrap up. Deputy Phelan.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: You can.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Be careful now, a new line of questioning.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: That could be leading.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Incongruous.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: The question has been made. Ms O'Dea.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Deputy Higgins.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Put the question, Deputy, and then-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Sorry, that's a leading question now, Deputy, please, so-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: That's a ... Ms O'Dea.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Deputy, we are running way over time, I have to push you out. Ms O'Dea, the response please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: And this brings me right back to where we are going, and I'm going to sum up with this. At the end of this process, Ms O'Dea, this committee is going to make findings, findings with statements of fact and recommendations and this will be one of the areas that we will be specifically referring to in our report. You spoke all morning about the advice that you were giving customers outside...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Who ... who was doing it? The banking supervision team or the consumer protection staff? Who were doing the inspections------

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Okay. And just to complete the matters ... a conclusion, they ... it's just on ... on your opening statement of page 8, you say ... this is the top of the page, "Today we're unlikely to know the genesis of the next crisis so we need to have a system which can react quickly to changing circumstances including domestic, European, and international circumstances." An ... An implied statement...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Is there anything by means of closure that you would like to add to this committee's work, because part of our job, or a significant part of it, is to look to the future to ensure that we don't have crisis like this revisited upon us again.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Jun 2015)

Ciarán Lynch: Okay. Thank you very much, Ms O'Dea. With that said I'm going to bring matters to a ... a conclusion with your own engagement this morning, and thank you for your participation and for your engagement with the inquiry. And now to excuse you, and propose that the meeting be suspended until 11.50 a.m., that's ten minutes time, when we will hear from Mr. Cyril Roux, deputy governor of the...