WHEN the governor of the Central Bank, John Hurley, appeared before the Oireachtas Committee on Economic Regulatory Affairs on March 10 he explained that the public exhortations of the Central Bank that highlighted risks to financial stability from August 2007 were “not as effective as they might have been and they did not lead to a sufficient or timely change in behaviour”.

The governor of the Central Bank says he expects unemployment to reach 11% before the end of the year.

The governor of the Central Bank is due to be questioned about the banking crisis when he appears today before the Oireachtas Committee on Economic Regulatory Affairs.

The Government is not soft on corporate crime and financial watchdogs will pursue those who break the law, the Taoiseach said today.

THE Financial Regulator’s office was branded a “pathetic farce” by politicians as it emerged loans concealed by former Anglo Irish Bank chairman Seán FitzPatrick had been even higher than the €87 million revealed.

The chairman of the Financial Regulator said today that the behaviour of some individuals at the top of our financial institutions had been totally unacceptable.

The Financial Regulator is to appear before the Oireachtas Committee on Economic Regulatory Affairs in January, it was confirmed this afternoon.

The Financial Regulator, Patrick Neary, has told an Oireachtas committee today that he plans to introduce tighter monitoring of the way Irish banks do business.