Pat Casey (Wicklow, Fianna Fail) | Oireachtas source

I thank the gentlemen for their presentations and record my frustration that the issue has not been resolved. We were all aware of the role the credit unions could have played before Rebuilding Ireland was launched but almost a year later, we have made almost no progress. I focus today on approved housing bodies and the relationship with them. Is there enough governance in place in the approved housing bodies, in particular given their growth to almost 120 bodies in the last three years? It is a significant increase. Is the required framework in place to give credit unions a guarantee? Across Europe, the state provides the guarantee even to approved housing bodies. What are the views of credit unions and their members on this venture?