Dáil debates

Tuesday, 2 July 2013

4:10 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

I remind Deputy Adams that the Government has set in place an entirely new system of regulation and monitoring in terms of the manner in which banks in this country operate. The Deputy will be aware that the dysfunctionality of our banking system in terms of the number of banks here has changed. Some banks were recapitalised, new conditions now apply and, in terms of mortgages, new targets and objectives are to be set.

The Deputy is wrong that the Government is only acting now in respect of the tapes that exist in other banks.

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