Results 14,941-14,960 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Thank you, Deputy McGrath. Thank you, Mr. Gormley.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay, thank you very much. I'm going to bring matters to a conclusion. If, maybe in reverse order this time, if you wish, if there's any closing remarks, comments or additional things you'd like to say, Mr. Gormley and Ms Harney. Ms Harney?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Thank you very much, Ms Harney. Mr. Gormley?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Yes.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay, with that said, thank you very much, Mr. Gormley and Ms Harney, for your closing comments. In doing so, I'd like to thank the both of you for your participation today and for your engagement with the inquiry. In thanking you again, to now formally excuse you and to suspend the meeting until 6.45 p.m.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: With the committee's permission, I'll go back into public session, is that agreed? Agreed. And we now move on to our fourth and final session of public hearings today with Ms Fidelma Clarke, former chief risk officer with EBS. And just from the outset, apologies for-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: -----delaying you today, Ms Clarke, and we'll get proceedings under way as quickly as we can now.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: So, therefore, the Committee of Inquiry into the Banking Crisis is now resuming in public session and can I ask members and those in the public Gallery to ensure that their mobile devices are switched off. This evening we continue our hearings with senior figures from the EBS and I welcome to the meeting Ms Fidelma Clarke, former chief risk officer at EBS. Fidelma Clarke was chief risk...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Before hearing from the witness, I wish to advise the witness that by virtue of section 17(2)(l) of the Defamation Act 2009, witnesses are protected by absolute privilege in respect of their evidence to this committee. If you are directed by the Chairman to cease giving evidence in relation to a particular matter and you continue to do so, you are entitled thereafter only to a qualified...

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: So, once again, welcome before the committee this evening, Ms Clarke, and if I can invite you to make your opening comments please.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Thank you, Ms Clarke, thank you. We will commence questioning and in doing so I'll invite Senator Barrett.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Thank you very much. Senator Michael D'Arcy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay, thank you very much. Deputy Eoghan Murphy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Thank you very much. Deputy Michael McGrath.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Thank you very much, Deputy McGrath. I'm going to wrap things up with just a few questions myself, Ms Clarke.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: And I'll invite just some final questions from leads and so forth. Ms Clarke, Haven, the broker market business of EBS, was a significant change for EBS.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: And you ... I just reference, in the particular document, the "Broker Market Entry" here ... it's the "Board Update" document. It's in the core documents. Just in reference to that, did the board, in you view, have a sufficient understanding of what it was getting into and what was your view of the impact of this business on EBS later on?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Sorry. Haven, the broker market of EBS, was a significant change for the EBS. And the board was updated in '05 around that. But did the board, in your view, have a sufficient understanding of what it was getting into and what was your view of the impact of this business on EBS later on?

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Sure.

Committee of Inquiry into the Banking Crisis: Nexus Phase (29 Jul 2015)

Ciarán Lynch: Okay.