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

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3:40 pm

Mr. Aidan Carrigan:

Yes. While the current Irish resolution authority under the 2011 Act is within the Central Bank, that will not necessarily have to be the case in future.

Some countries have opted for an independent resolution authority.

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