Oireachtas Joint and Select Committees

Thursday, 7 November 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Scrutiny of EU Legislative Proposals

6:30 pm

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

On the risk-based issue, we have dealt with the 1% average. In terms of the risk, some people, and Mr. Carrigan or myself might not like the point to be made, would make the point that banks in Ireland carry a higher risk than a bank in Germany. In addition to the type of institution, it might be said that a bank in Greece or Ireland carries a potential greater risk and in view of the difficulties we have had so far, it would be silly not to examine that issue. Is it possible that a loading of some description or a higher contribution would be required for banks in certain countries by virtue of where most of their business is located?

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