Oireachtas Joint and Select Committees

Wednesday, 10 June 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Single Resolution Fund Bill: Discussion

2:00 pm

Photo of Michael CreedMichael Creed (Cork North West, Fine Gael) | Oireachtas source

As I understand it, the reason for the intergovernmental agreement on this new architecture was because some concerns were expressed about or member states had reservations about transferring funds into this new mechanism so therefore a legal framework of an intergovernmental agreement and parliamentary approval was needed. Is the Department satisfied that all this is watertight in terms of legal challenges?

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