Dáil debates

Friday, 17 October 2008

Approval of Credit Institutions (Financial Support) Scheme 2008: Motion

 

3:00 pm

Photo of Brian Lenihan JnrBrian Lenihan Jnr (Dublin West, Fianna Fail)

Deputy Costello asked about the cost of the increased number of staff for the Financial Regulator. There is a formula which apportions the cost between the State and the banking sector. The banking sector makes a contribution to the cost of the regulator under that formula, which is administered by the Central Bank.

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