Results 5,021-5,040 of 6,295 for speaker:Michael D'Arcy
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: Who withdrew the licence?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: Did any bank have its licence withdrawn under the initial Basel directive of 2000?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: Of how many banks which had their licences withdrawn is Mr. Nava aware?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: What reasons would there be for the withdrawal of the banking licence apart from not meeting the Basel requirements?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: Into CRR.
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: Does Mr. Nava's role involve analysis of the ratings agencies?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: Do they come under the entire section Mr. Nava operates?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: Do the big four auditing firms come under Mr. Nava's section?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: Banks complained that they had to allocate too many staff to adhere to Basel rules, particularly Basel II. Were they reasonable?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: The Bank for International Settlements conducted a survey recently. It gave a number of banks a model and asked them to comply with it. Much of the information they supplied was different because each bank has a separate risk modulation. How can that modelling anchored on that basis that a model was provided but many different answers came back?
- Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)
Michael D'Arcy: Mr. Andy Haldane, the Bank of England chief economist, has a dog and frisbee theory. Is he off the mark?
- Seanad: Irish Collective Asset-management Vehicles Bill 2014: Second Stage (3 Feb 2015)
Michael D'Arcy: At 10.30 a.m. tomorrow.
- Seanad: Irish Collective Asset-management Vehicles Bill 2014: Second Stage (3 Feb 2015)
Michael D'Arcy: I can.
- Seanad: Irish Collective Asset-management Vehicles Bill 2014: Second Stage (3 Feb 2015)
Michael D'Arcy: I welcome the Minister of State. I am not sure that there are many experts on the subject matter of this legislation in this or the Lower House. I am certainly not one. It is a complicated area and significant legislation is required in a fast-moving world. It is important that I put the €2.85 trillion in context. We used to talk in millions before moving to billions. Now we are...
- Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)
Michael D'Arcy: Professor Kane is very welcome. The “too big to fail” theory is often used but that comes from the perspective of the bank. I want to reverse that perspective and ask the professor's opinion of a country that is too small to guarantee. Were we too small to guarantee?
- Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)
Michael D'Arcy: Is there a metric on that? The Irish national debt was approximately €45 billion, GDP was €160 billion and the metric on the bank guarantee was €440 billion. Is there a standard metric that is used?
- Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)
Michael D'Arcy: At the end of the guarantee a funding cliff was created, which created its own problems. The professor analysed a dozen or so blanket guarantees. Was our exposure to that funding cliff in line with that of other countries or did they reduce that problem in a different manner?
- Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)
Michael D'Arcy: The professor uses a lot of traffic and vehicular analogies and the term “extreme drunken driving”. Is there an example of that in Irish banking terms that he is aware of?
- Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)
Michael D'Arcy: He has touched on Basel I, II and III. Some hold the view that these risk analysis mechanisms are over complicated. Is there a prospect that when the banking sector becomes over-regulated it drives money into the private equity markets that are unregulated?
- Committee of Inquiry into the Banking Crisis: Context Phase (28 Jan 2015)
Michael D'Arcy: So is all of ours.