James Reilly (Fine Gael) | Oireachtas source

To recap, it is clear that the draft regulations are being supported by both the Department of Finance and the Central Bank to allow for a slightly different outcome if we were to face similar problems to the ones we faced in the past. Second, they are to allow Bank of Ireland the same rights as other banks but, equally, to have it comply with the same obligations as other banks. Is that the essence of the regulations?