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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3:50 pm

Mr. Aidan Carrigan:

The proposal is that an ex ante resolution fund be put in place, which will be 1% of covered deposits. The financial institutions will put that money into the fund.

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