James Browne (Wexford, Fianna Fail) | Oireachtas source

The first important point is that the regulations cannot weaken the primary legislation. They cannot row back on the legislation; they can only tighten it. We are creating the regulator to make recommendations around the regulations. The regulator will carry out research, engage with vulnerable groups, engage with the industry and look at what is happening. If it feels the need for more regulations, it can make them at that point. This is about empowering the regulator as opposed to setting out what those regulations would be.

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