{"id":2679,"date":"2014-12-04T12:03:39","date_gmt":"2014-12-04T12:03:39","guid":{"rendered":"http:\/\/inquiries.oireachtas.ie\/banking\/banking\/?p=2679"},"modified":"2014-12-17T12:40:33","modified_gmt":"2014-12-17T12:40:33","slug":"oireachtas-banking-inquiry-to-start-public-hearings-in-december","status":"publish","type":"post","link":"https:\/\/inquiries.oireachtas.ie\/banking\/oireachtas-banking-inquiry-to-start-public-hearings-in-december\/","title":{"rendered":"Oireachtas Banking Inquiry to start public hearings in December"},"content":{"rendered":"<p>The Oireachtas Banking Inquiry has agreed to hold its first public meetings as part of the inquiry context phase on Wednesday, December 17th 2014.<\/p>\n<p><!--more-->Chairman Ciaran Lynch TD: \u201cThe Committee agreed to start our public hearings on December 17th when we will meet with Finnish academic and finance expert Peter Nyberg who wrote the report of the Commission of Investigation into the Banking Sector, Misjudging Risk: Causes of the Systemic Banking Crisis In Ireland.<\/p>\n<p>\u201cOn 18th December, Rob Wright, the former Canadian Secretary General of Finance who authored an independent report into the Department of Finance, will appear before the Committee.<\/p>\n<p>\u201cOn behalf of the Committee, I am pleased that the Inquiry is on schedule and is now in full operational mode. The context phase with relevant witnesses for the purpose of information-gathering to inform the Nexus Phase of the Inquiry will be completed in March as envisaged. The Nexus Phase, which will focus on three broad elements &#8211; Banking Systems &amp; Practices; Regulatory and Supervisory Systems &amp; Practices; and Crisis management systems and policy responses \u2013 will start in April as planned. The Committee will present its final report in November<\/p>\n<p>\u201cI understand that people have waited a long time for this inquiry to be established, but it is necessary to understand that this is the first inquiry of its type to take place under new legislation. Therefore, the onus is on us to make sure we get everything right from the start.<\/p>\n<p>\u201cIt is critical that the proper preparations are put in place. The Committee has a duty and a responsibility to ensure all witnesses are dealt with in a fair and appropriate manner, that the requirements of fair procedure are met and, in doing so, minimise the opportunity for legal challenge.<\/p>\n<p>\u201cWe are at the beginning of a journey of work which I believe is an opportunity to demonstrate that the Irish parliament can hold a fair and balanced inquiry to find answers to many key questions that remain to be answered about the banking crisis.\u201d<\/p>\n<p>All media enquiries in relation to the Oireachtas Banking Inquiry should be addressed to:<\/p>\n<p>Ciaran Brennan,<br \/>\nHouses of the Oireachtas,<br \/>\nCommunications Unit,<br \/>\nLeinster House,<br \/>\nDublin 2<\/p>\n<p>P: +3531 618 3903<br \/>\nM: 086-0496518<br \/>\nF: +3531 618 4551<\/p>\n<p><strong>Committee Membership<\/strong><\/p>\n<p><em>Deputies<\/em><\/p>\n<p>Ciar\u00e1n Lynch (Chairman)<br \/>\nPearse Doherty<br \/>\nJoe Higgins<br \/>\nMichael McGrath<br \/>\nEoghan Murphy<br \/>\nKieran O\u2019Donnell<br \/>\nJohn Paul Phelan<\/p>\n<p><em>Senators<\/em><\/p>\n<p>Sean D Barrett<br \/>\nMichael D\u2019Arcy<br \/>\nMarc MacSharry<br \/>\nSusan O\u2019Keeffe<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Oireachtas Banking Inquiry has agreed to hold its first public meetings as part of the inquiry context phase on Wednesday, December 17th 2014.<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/2679"}],"collection":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/comments?post=2679"}],"version-history":[{"count":2,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/2679\/revisions"}],"predecessor-version":[{"id":2775,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/2679\/revisions\/2775"}],"wp:attachment":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/media?parent=2679"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/categories?post=2679"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/tags?post=2679"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}