The Oireachtas Banking Inquiry today considered a design for public hearings for the Nexus Phase of the Inquiry.<\/p>\n
The Nexus Phase, when the Committee will engage with institutions and individuals who had roles during the crisis, will focus on three broad elements \u2014 Banking Systems & Practices; Regulatory and Supervisory Systems & Practices; and Crisis management systems and policy responses \u2014 and how these three elements interacted with each other.<\/p>\n
Chairman Ciaran Lynch TD: \u201cToday the Committee considered the design for the public hearings for the Nexus Phase. This phase is scheduled to start on 22nd April, with a total of 64 public hearings planned until September. It is envisaged that around 50 witnesses will be called to the public hearings. Those who have relevant testimony but who will not be called for public hearings will be required to provide witness statements.<\/p>\n
\u201cThe process will see Committee Members receiving in-depth briefings on Tuesdays ahead of public hearings on Wednesdays and Thursdays. Public hearings will start at 9.30am and conclude at 5.30pm.<\/p>\n
\u201cThis will represent a significant step-up in activity for the Committee and the Banking Inquiry team based in the Inquiry support centre. The key differences between the Nexus and the Context witness process are not only the volume of witnesses and the number of planned hearings, but also the legal compellability of witnesses, the legal compellability of statements, the requirement to produce and issue an evidence book, the intent to secure evidence in hearings and statements and the intent to cross reference for contrarian and confirming views.<\/p>\n
\u201cThis 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 and it is critical that the proper preparations are put in place.\u201d<\/p>\n
All media enquiries in relation to the Oireachtas Banking Inquiry should be addressed to:<\/p>\n
Ciaran Brennan,
\nHouses of the Oireachtas,
\nCommunications Unit,
\nLeinster House,
\nDublin 2<\/p>\n
P: +3531 618 3903
\nM: 086-0496518
\nF: +3531 618 4551<\/p>\n
Committee Membership<\/strong><\/p>\n Deputies<\/em><\/p>\n Ciar\u00e1n Lynch (Chairman) Senators<\/em><\/p>\n Sean D Barrett The Oireachtas Banking Inquiry today considered a design for public hearings for the Nexus Phase of the Inquiry.<\/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\/3280"}],"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=3280"}],"version-history":[{"count":1,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/3280\/revisions"}],"predecessor-version":[{"id":3281,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/3280\/revisions\/3281"}],"wp:attachment":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/media?parent=3280"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/categories?post=3280"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/tags?post=3280"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nPearse Doherty
\nJoe Higgins
\nMichael McGrath
\nEoghan Murphy
\nKieran O\u2019Donnell
\nJohn Paul Phelan<\/p>\n
\nMichael D\u2019Arcy
\nMarc MacSharry
\nSusan O\u2019Keeffe<\/p>\n","protected":false},"excerpt":{"rendered":"