Results 8,421-8,440 of 16,492 for speaker:Ciarán Lynch

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: The Deputy has four minutes.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: I will bring the Deputy back in at the end.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: I will give the Deputy time later. He will have a chance to come back in at the end of the session.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: On Deputy Murphy's point, is there a suggestion or a recommendation that the ECB needs be moving to a more micro-prudential examination in this regard?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: Is it the Commission's view that the ECB will move towards a more micro-prudential examination?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: I was going to let you move on with the single resolution fund but if you are opening a whole new line of questioning ----

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: Fine. Proceed.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: I want to round off something that Deputy McGrath raised with you, Mr. Nava. How much does the single resolution fund require to be operational?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: So €55 billion is the requirement of the fund. How much is in there at the moment?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: At present the fund would not be able to cope with a crisis if one were to happen in the short term. Is that correct?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: Thank you, Mr. Nava. Deputy Phelan is next.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: Do not be insulting, please.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: Do you have a comment on that, Mr. Nava?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: I wish to clarify one thing. The Commission deals with national structures. Sanctions with individual banks is not a matter for the Commission; it is a matter for national supervisors.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: There is an application of prejudgment in referring to washing hands.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: It is not Mr. Nava's area of expertise.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: To what is Deputy Higgins referring?

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: Senator MacSharry's contribution is very colourful but he should stick to asking questions.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: The Senator also answered it.

Committee of Inquiry into the Banking Crisis: Context Phase (5 Feb 2015)

Ciarán Lynch: The witness may not be able to answer the question.