Results 5,361-5,380 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: So you're saying both ... the Governor was both aware, cognisant and was in line with the measures and the position by the regulator?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Yes, indeed-----

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay, thank you. Deputy Murphy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: No, I would advise not to. There's no need to.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Last question, Deputy Murphy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Sorry, Deputy, I'm going have to bring you in ... 'cause I have stuff to come back to here. I'll bring you back in the wrap-up.

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: I just want to stay with the domestic standing group but I want to come back to the nationalisation, or the, the ... in spring 2008, the Minister was proposing the legislation with regard to a financial institution. Now, in questioning, Deputy Murphy, you spoke about the events, but what was the analysis behind that, where ... what was the raison d'être, where was that coming from?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay. And was that discussed at the domestic standing group meetings?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: To be more specific, was it prominent ... was it a prominent item of discussion at the standing group meetings?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay. Just ... on earlier comments as well ... reports ... comments from known reports were quite agreeable that in the measure ... that the measures taken, you were talking about the measures for 2006 ... specifically the measures you were talking about today, such as increased weightings and high LTVs, loans and later on speculative commercial loans ... that these may have been too little...

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: When did you join the domestic standing group, Mr. Horan?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: And were you bringing these concerns to the attention of the domestic standing group?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: And with regard to the contrarian views that you have stated to the committee this morning, how were the domestic standing group receptive to those? Were they listening to them, acting upon them or were they just considered contrarian?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Okay. And just to finalise on this, I just want to return to the stress tests just for a moment. Were the stress tests from the banking supervisory teams ... or, sorry, were the stress tests moved from the banking supervisory teams to the Central Bank?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: So who in the Central Bank was responsible then for the collection of the analysis and the analysis stress testing?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: And who had responsibility for developing the model when it moved there?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: And who checked the responses from the banks?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: Well, are you able to confirm this afternoon that the responses were checked?

Committee of Inquiry into the Banking Crisis: Nexus Phase (27 May 2015)

Ciarán Lynch: But, to your knowledge, do you know they were checked?