Mary Butler (Waterford, Fianna Fail)
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I wish to ask Mr. Byrne a question. In his concluding comments he spoke about international best practice and said both the OECD and the EU have strongly advocated that financial and economic regulators should have at their disposal an effective regulatory toolkit, and that the key components of such a toolkit are the powers to impose administrative financial sanctions. Does he believe that the heads of the Bill on which we are conducting pre-legislative scrutiny will provide for this? Is that too blunt a question?