Results 15,641-15,660 of 19,173 for speaker:Shane Ross
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: However, the Financial Regulator has never refused anyone.
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: How many has the Financial Regulator approved?
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: Okay.
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: Did the Financial Regulator have any influence on them leaving?
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: Does the Financial Regulator have the powers to remove them if it so wished? Can it send a message to the bank stating he or she should go? Can it do that?
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: Without naming the individual.
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: It was.
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: If someone within that department who was involved in the stress testing at a high level, and I understand they were, made the allegation that the stress tests were flawed, which I understand is what they were saying, the way they were treated is very important. It is important to us that the Central Bank, which obviously is accountable to the State, is operating a whistleblower procedure in...
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: Was some sort of independent investigation carried out into this whistleblowing allegation?
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: An internal auditor is not an independent investigation, is it?
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: But it was someone in the employment of the Central Bank?
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: Does Mr. Elderfield regard that as satisfactory?
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: Was this person someone with an expertise in the stress test area?
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: But was not employed directly in that area?
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: We are not saying whether it was a he or a she.
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: I will leave it at that, but I am concerned that these things are done behind closed doors to such an extent there is no way we can be sure that queries of this sort are being given the proper consideration they deserve.
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: I appreciate the need for confidentiality to protect the individuals but it would be very helpful if Mr. Elderfield could give us a resumé of the detailed allegations about the stress test. I do not understand why we should not get those when they are considered to be untrue by the Central Bank and have been dismissed. I do not understand why we should not hear those allegations, the...
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: It was a one-liner.
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: It was one or two lines. We will move on and we might get something from Mr. Elderfield that is more fulfilling.
- Public Accounts Committee: Special Report No. 72 of the Comptroller and Auditor General: Financial Regulator (Resumed) (13 Jun 2013)
Shane Ross: I thank Mr. Elderfield for coming before the committee. I imagine it will be the last time he comes before the Committee of Public Accounts because he is leaving in October. I am sorry that he is leaving because under his stewardship the situation has undoubtedly improved a great deal and I thank him for that. Could Mr. Elderfield tell us why he is leaving?