Regulator hires partner from Anglo auditor

The Financial Regulator has hired a partner from Ernst & Young, the accountancy firm that audited Anglo Irish Bank, to advise on the €440 billion bank guarantee scheme.

17th January, 2009

The Financial Regulator has hired a partner from Ernst & Young, the accountancy firm that audited Anglo Irish Bank, to advise on the €440 billion bank guarantee scheme.

The Sunday Business Post has learned that Cormac Murphy, a partner in Ernst & Young’s financial services advisory group, has been seconded to the Financial Regulator to help it to deal with the banks in the scheme.

The appointment comes despite the fact that serious...

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