Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

Yes, there was a debate about that back in the '90s, you know, and there was an Oireachtas committee put in place under Deputy Michael Ahern and I served on it. And at the time, the argument was that because it single-mindedly ... because the Central Bank single-mindedly concentrated on the stability of the bank, it ignored consumer interests. So that's the only qualifier I’d have. I think there has to be something in that list there to look after the interests of consumers. And it's not just the solvency of banks and keeping banks, you know, moving forward and getting them to land into the economy, which is of vital importance. But the ordinary person dealing with the bank, there must be a regulatory function to protect their interests as well and vindicate their interests if they're transgressed.