Results 4,281-4,300 of 6,295 for speaker:Michael D'Arcy

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: Chairman. Gentlemen, you're welcome. To Mr. O'Rourke - CARB ... who funds CARB?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: Who funds CARB?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: Pardon me?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: So it's funded by the industry itself.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: And, Mr. Dobey, you said that the review wasn't concluded about the AIB '08 accounts, is that correct?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: But it's not concluded.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: And, Mr. O'Rourke, you were a member of the board, was it?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: Would it usually take that long to conclude a review?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: Yes, I understand-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: I'm talking in general.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: Do you have any ... can you offer an opinion of why this is taking so long?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: Okay. Mr. O'Rourke, there were ... during your tenure as managing partner, did KPMG audit any other financial institution within the State?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: Who?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: And any of the other non-Irish domiciled banks, but banks that trade here, KBC, Rabo?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: So you've a lot of banks on your books.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: Can I ask about the ... I mean, you've a lot of banks on your books ... can I ask about the changing of staff who would go in to ... would you leave particular staff with a bank? I see in a document here ... you've been auditing AIB from '02 to '10. Do you change them around, do you leave the same people? What way does that work?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: But your , your, your standard rate near ... standard term is five years.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: A maximum, maximum of five.

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: And is that ... in your view is that too long?

Committee of Inquiry into the Banking Crisis: Nexus Phase (14 May 2015)

Michael D'Arcy: And in terms of the staff who were there, are you satisfied that they had enough banking knowledge and experience?