Oireachtas Joint and Select Committees

Thursday, 7 November 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Scrutiny of EU Legislative Proposals

6:10 pm

Mr. Cathal Sheridan:

There is a national resolution fund under the national resolution legislation but when bank resolution is introduced the new rates, which probably will be higher than banks are currently paying, will come into effect and will replace the contributions being paid into the national fund.

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