Results 11,921-11,940 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: -----and the manner in which internal and external contrarian economist views were considered, were the concerns around supervision that grew over the period given adequate consideration and if not, why not?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: And, as part of that assessment, how was the shock absorption capacity of the banks assessed?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Okay, thank you. Deputy John Paul Phelan.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Phone.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: It's in proximity to you.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Okay, thank you. Deputy Joe Higgins.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Be mindful.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Move faster, please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Last question now Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Quickly now Deputy please, we will do the reviews later.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Thank you very much. I am going to move towards the wrap-up here Mr. O'Reilly. I just want to deal with one item before I invite the leads to come back with their own wrap-ups and that is as CEO of the Financial Regulator, can you outline your role in micro-prudential supervision of individual institutions, the banking sector and for financial stability generally?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: So who were you responsible and accountable to?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Chairperson of the board, thank you very much. I am going to reference some documents and they are actually up in front of you in a moment. This is from Vol. 3 and it is page 40. What we have here is an aggregate summary, it's in relation to the financial stability report of 2004 and it's the very end of the page there Mr. O'Reilly, where it says "A number of risks to financial stability...

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: In that regard so, because Ms O'Dea in questioning on a similar line of questioning yesterday, said that what was coming out of the Financial Regulator's office was a lot of advice about these products and to be mindful, "put on your seat belt" was the kind of analogy that we discussed with her. But really there was a product here being put out, that was a series of products, that if you...

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Okay, thank you. Deputy Barrett or Senator Barrett.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Now, Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Thank you very much. Senator D'Arcy and then we'll close.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Why it came to pass.

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Thank you very much, Senator. So, with that said, is there anything else you'd like to add, Mr. O'Reilly, before I bring matters to a conclusion?

Committee of Inquiry into the Banking Crisis: Nexus Phase (11 Jun 2015)

Ciarán Lynch: Thank you very much, Mr. O'Reilly. So, with that said, I'd like to thank you for your participation here today and for your engagement with the inquiry. The witness is now excused and I just ... before we suspend the meeting, there's just one matter we have to deal with in private session there with lead investigator Pat McLoughlin in a few moments. So, with that said, I'll excuse the...