Oireachtas Joint and Select Committees
Thursday, 7 November 2013
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Scrutiny of EU Legislative Proposals
6:20 pm
Seán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source
Funding is based on a percentage of deposits. Is there a case for those under the SSM regime to feel that because they are centrally and directly supervised that their risk of requiring a resolution would be reduced and that they should have to pay a lower percentage? If the risk of them requiring a resolution is no less than those that are not being supervised by the SSM, the question then is what is the value of the SSM supervision if it is not to reduce risk and identify problems earlier through the great supervision applied?
No comments