The Oireachtas Banking Inquiry will continue its Nexus Phase public hearings tomorrow, Thursday, 30th April when it will hear from former Bank of Ireland Group Chief Executive Brian Goggin.<\/p>\n
During the Nexus Phase the Committee is engaging with institutions and individuals who had roles relating to the crisis. It is focusing 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 said: \u201cAmong the issues that the Committee will raise with Mr Goggin are: the quality of the business model setting process; the appropriateness of property related lending, strategies and risk appetite; appropriateness of credit policies, delegated authorities and exception management; adequacy of the incentive and remuneration arrangements to promote sound risk governance; the liquidity versus solvency of the banks debate and the appropriateness of the bank guarantee decision.\u201d<\/p>\n
Nexus Phase hearings will run until the middle of September with a total of 64 public hearings planned. It is envisaged that at least 60 witnesses will be called to the public hearings.<\/p>\n
Deputy Lynch said: \u201cThis phase of our hearings includes a move by the Committee to compelling witnesses and statements and the use of evidence. Under the witness management protocol, there will be a structured witness engagement with a seven week lead-in between the notification and the public hearing. The protocol includes timescales, evidence books and technical briefings.\u201d<\/p>\n
The meeting with Mr Goggin will start in Committee Room 1, Leinster House at the earlier time of 9am<\/strong>.<\/p>\n Further information on the Oireachtas Banking Inquiry can be accessed on this\u00a0 website.<\/p>\n Full committee proceedings will be webcast live on the Banking Inquiry website. Oireachtas TV will broadcast proceedings from 9.30am-10.30am and from 11.15am-1pm.<\/p>\n Committee proceedings can also be viewed on the move, through the Houses of the Oireachtas Smartphone App, available for Apple and Android devices.<\/p>\n All media enquiries in relation to the Oireachtas Banking Inquiry should be addressed to:<\/p>\n Ciaran Brennan, P: +3531 618 3903 All general enquiries should be directed to the Committee Secretariat.<\/p>\n e. contactbankinquiry@oireachtas.ie Committee Membership<\/strong><\/p>\n Deputies<\/em><\/p>\n Ciar\u00e1n Lynch (Chairman) Senators<\/em><\/p>\n Sean D Barrett The Oireachtas Banking Inquiry will continue its Nexus Phase public hearings tomorrow, Thursday, 30th April when it will hear from former Bank of Ireland Group Chief Executive Brian Goggin.<\/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\/4697"}],"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=4697"}],"version-history":[{"count":2,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/4697\/revisions"}],"predecessor-version":[{"id":4699,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/posts\/4697\/revisions\/4699"}],"wp:attachment":[{"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/media?parent=4697"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/categories?post=4697"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/inquiries.oireachtas.ie\/banking\/wp-json\/wp\/v2\/tags?post=4697"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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