Mary Coughlan (Donegal South West, Fianna Fail)

As the Minister for Finance indicated last night at the end of the Second Stage discussion, through the legislation we will discuss later this morning and this afternoon, there will be facilitation in the event of any competitive distortions. The Financial Regulator is monitoring the balance of flows between institutions and his job is to maintain a stable banking environment. Any further decisions will be made on the basis of that information to the Minister for Finance.

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