The Financial Regulator is expected to provide new insight into the near-collapse of the Irish banking system last autumn when it publishes its latest annual report today.
Regulator to provide new insight into bank crisis - National News, Breaking News - Independent.ie
Door horse closed bolted etc.
Regulator has admitted that they did not do a good job, but have been doing their job since the government Guarantee. Sounds like Neary really earned his fat pension.
They are pointing fingers at the Boards. I think both the Boards and the Regulator need to do more.
“Boards of financial institutions must now completely overhaul their approach and probe, question and challenge management. In particular, non-executive directors must play a more active role and we are monitoring the effectiveness of bank boards in this regard,
Article here: Business And Leadership: Financial Regulator now more ‘hands on’ - Leadership
Report here: http://www.businessandleadership.com...ual_Report.pdf
LinkBack URL
About LinkBacks
Reply With Quote