Results 13,921-13,940 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay, thank you. With that said, I would like to bring matters to a conclusion, is there anything you'd like to add by means of a closing comment or statement or remark, Mr. Corrigan?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay thank you. So with that said, I'd like to thank Mr. Corrigan for his participation here today and his engagement with the inquiry. I now propose to formally ... that the witness will be formally excused. I propose that we briefly suspend when Mr. Corrigan is absented from the room, just to return for a private session with the committee then afterwards. So, Mr. Corrigan, thank you...

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: We will now go back into public session. Is that agreed? Agreed. Okay. We will now commence on with our session of today with Mr. Pat Farrell, former CEO of the Irish Banking Federation. The Committee of Inquiry into the Banking Crisis is now resuming in public session. Can I ask members and those in the public Gallery to ensure that their mobile devices are switched off? At our next...

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Once again, Mr. Farrell, welcome before the committee this afternoon. And if I can invite you to make your opening remarks to the committee please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Thank you very much, Mr. Farrell, for your opening statement. And if I can invite Deputy John Paul Phelan now. Deputy, you have 25 minutes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: That's outside the scope. Mr. Farrell, that's entirely your own gift to furnish.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: I'll have to ask you to move on, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Thank you very much. Next questioner now is Deputy Pearse Doherty. Deputy Doherty.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: If you don't you mind Deputy, it's just you mentioned earlier there, Mr. Farrell, that you brought together chief risk officers-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: -----of the banks in 2007. Which authority brought that together or what authority was it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: It was the IBF, was it? Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Back to yourself, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Let the witness answer the question, Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: You can ask a supplementary.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: We will allow you time to respond, Mr. Farrell.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: In the 2008 period you're referring to there?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Thank you very much. If I can just deal with one matter before we move on there, it just comes back to my earlier question to Mr. Farrell about the coming together of the chief risk officers and you said that that was structured by the Irish banking authority.

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: But was there an authority that gave a direction or an instruction or an advice for you to have that mechanism engaged? Did it come from an official Department or-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Who got the call? Was it you or a different official in the Irish Banking Federation?

Committee of Inquiry into the Banking Crisis: Nexus Phase (15 Jul 2015)

Ciarán Lynch: Okay, and was the call-----