Ciarán Lynch (Cork South Central, Labour) | Oireachtas source

From my own involvement with the credit unions, there is a great deal of regulation coming from the regulator's office that is being enacted. There are some very simple things. When a person makes repayments on borrowings, a certain amount goes into savings every week. I do it myself as a credit union member. Those two sums have to be separate in two different accounts. There are many positive suggestions coming from the regulator's office. Is there a possibility that some of what is coming from that office is creating the difficulties we are discussing and, if so, should some dialogue take place between the credit unions? Maybe that regulation has to be put in place.