Office of Financial Regulator condemned for role in banking crisis

The Financial Regulator’s handling of the banking crisis was late and insufficient, a Government watchdog said today.

Office of Financial Regulator condemned for role in banking crisis
Mon, 22 Mar, 2010 - 15:03

The Financial Regulator’s handling of the banking crisis was late and insufficient, a Government watchdog said today.

The report from John Buckley, the Comptroller and Auditor General (C&AG), found shortcomings in the way experts oversaw dealings in finance houses in Ireland, Europe and around the world.

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CourtsBank guarantee schemePlace: IrelandPlace: EuropePerson: John BuckleyPerson: Comptroller and Auditor GeneralPerson: BuckleyPerson: Finance MinisterPerson: Brian LenihanPerson: Richard BrutonOrganisation: Office of Financial RegulatorOrganisation: Financial RegulatorOrganisation: The Financial RegulatorOrganisation: C&AGOrganisation: DáilOrganisation: Central Bank and Financial Services Authority of IrelandOrganisation: Central BankOrganisation: Bank of IrelandOrganisation: AIBOrganisation: Anglo IrishOrganisation: LehmanOrganisation: Fine GaelOrganisation: IrelandOrganisation: Fianna FáilOrganisation: Green government
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