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. Aidan Carrigan:

A resolution decision is triggered where the ECB, as the supervisor, draws attention to a resolution situation. The supervisor identifies a problem bank that needs resolution intervention and brings that to the resolution authority and it is only then the resolution authority gets-----

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