Dara Murphy (Cork North Central, Fine Gael) | Oireachtas source

To put it another way, there are already significant lending restrictions on credit unions which do not apply to banks. Even though the credit unions did not operate in the same reckless fashion as the banks, they would not require the same regulatory structure because of these lending restrictions. Ms O'Rourke is arguing that it should be the same for them as it is for us but it is not the same when it comes to lending.