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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