Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

I thank Mr. Carrigan and the officials for attending. If the resolution fund was in place, would that in any way lessen capital ratio requirements under Basel II because at least it would be a level of protection with a resolution fund in place in the event of a resolution being required? It is an insurance policy for people who have deposits. If the resolution fund was not in place there would be a greater risk and perhaps a requirement to have higher capital ratios.