Oireachtas Joint and Select Committees

Thursday, 20 December 2012

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Scrutiny of EU Legislative Proposals

2:55 pm

Mr. Aidan Carrigan:

The ruling in relation to the threshold of what the ECB will take over, is that the €30 billion threshold and the 20% of GDP applies to stand alone subsidiaries in addition to head office banks.

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