Oireachtas Joint and Select Committees

Wednesday, 11 March 2015

Committee of Inquiry into the Banking Crisis

Context Phase

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

That is correct. Looking back over the Oireachtas debates, which is part of the terms of reference of this inquiry into banking and regulation, if I said to the professor that the Central Bank and Financial Services Authority of Ireland Act 2003, which was very significant legislation setting up the new Central Bank structure and separating the Central Bank from the Financial Regulator, was introduced by the Minister for Finance and, from my reading of it, about 11 other Deputies took part in the debate on Second Stage, how would the professor characterise that level of engagement in the context of 166 Deputies in the House and given the significance of the Bill?

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