Oireachtas Joint and Select Committees
Thursday, 25 June 2015
Committee of Inquiry into the Banking Crisis
Nexus Phase
Pearse Doherty (Donegal South West, Sinn Fein)
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Okay. I appreciate that. The IMF mission in 2009 referred to the lack of a resolution regime. Can you explain the delays in initiating such a regime in Ireland, bearing in mind that the UK implemented one by way of its Banking Act in March 2009?