Pearse Doherty (Donegal, Sinn Fein) | Oireachtas source

The members of this committee are well used to dealing with the banks. The idea that Ulster Bank would submit a proposal to the regulator in the Central Bank of Ireland showing the way the bank wanted to deal with an issue would not be a runner. We would call that light touch regulation. I am conscious that the regulator of the national lottery has to work within the Act. The national lottery has done a great deal of good and has served this State well in its contribution to good causes. We can see its fingerprints across society. As my colleague, Senator Rose Conway-Walsh, said, it is also gambling. We have to be very careful and there is a need for sufficient and robust regulation. Does Ms Boate think it is appropriate that the sales code of practice would be drafted by the entity that the national lottery regulator is regulating?