Dáil debates

Wednesday, 30 April 2008

1:00 pm

Photo of Damien EnglishDamien English (Meath West, Fine Gael)

I ask the question because he may not be in the post. We would like the Minister to outline the mechanism for this quickly. He said he has asked various Departments and agencies to assess and report back to him. Yesterday the Financial Regulator was asked at a joint committee meeting the cost to business of the regulations he oversees and he did not know. He has not even assessed them. However, the Minister appointed a departmental working group to investigate this issue but the Financial Regulator has not even assessed the cost of his regulations. I am concerned that, although the Minister is discussing the issue and has replied to parliamentary questions saying the plan will be announced, nothing is happening. Will he elaborate on this?

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