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Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Thanks Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: You've to be more careful than that even.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: You're out of time now Deputy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Only one question now, Deputy, get it out.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Okay.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: I know it is and I have to be consistent.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Thanks Deputy. Minister, if you could be as brief?

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Thank you very much.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: No, Deputy, you're finished. Deputy, you're finished.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: All that information is out in the public domain. Can we move on to Deputy Murphy please, and I want wrap things up. Deputy Murphy.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Thank you very much. I am going to move to wrap things up. I just have two questions for you. We'll move on to some closing remarks after that and then, prior to that, I'll bring in the two leads. If I could just deal with one issue in regard to the sort of legacy issues at the moment and NAMA and debt, Minister Noonan, that NAMA took on board one third of all property-related debt. As a...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Can I just touch on one other issue as well? It was something at the start of the meeting with Deputy Higgins with regard to capital gains tax and also the issue of the, kind of, legacy matters arising from IBRC in that the low rate of capital gains tax between 2011 and 2014 attracted a lot of foreign buyers into the Irish property market. And we've also heard recently from Mike Aynsley and...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: A final question, Minister.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: A final question and then I'll bring in Deputy Higgins and Senator O'Keeffe. Can I ask you at this moment in time and as we start moving towards concluding these hearings and, specifically, in relation to banking supervision and financial stability and its monitoring, do you think now we are in a position to say with confidence that a situation that led up to the 2008 banking and financial...

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Thank you. Deputy Higgins.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Deputy Higgins.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Senator O'Keeffe.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Senator.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Thank you very much.

Committee of Inquiry into the Banking Crisis: Nexus Phase (10 Sep 2015)

Ciarán Lynch: Minister, is there anything else you'd like to add before I bring matters to a close?

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