Oireachtas Joint and Select Committees

Thursday, 4 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Recovery and Resolution Framework for Financial lnstitutions: Discussion

4:00 pm

Mr. Aidan Carrigan:

I am not sure I can say anything further on this point. I have outlined the substantial and significant measures being taken nationally and at European level to avoid the situation to which the Deputy refers, to improve the protection of depositors and taxpayers and to make it extremely unlikely that a call will be made against them in the future. Beyond that it is probably a matter of Government policy and I could not comment further.

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