PAC to quiz key regulators on measures taken during turmoil

THE Dáil Public Accounts Committee is to call key financial regulator officials before it to probe further the events surrounding the financial crisis.

It will question the measures taken by the Financial Regulator as the financial crisis unfolded, it said.

Responding to the Comptroller and Auditor General’s report into the handling of the financial crisis, chairman committee, Bernard Allen TD, said public meetings with the new head of financial regulation at the Central Bank, Matthew Elderfield, the head of the National Treasury Management Agency, John Corrigan and with officials from the Department of Finance, will be held in the coming weeks.