Dáil debates

Wednesday, 7 October 2009

12:00 pm

Photo of Bernard DurkanBernard Durkan (Kildare North, Fine Gael)

The Minister dealing with that Bill is otherwise engaged but it might do no harm if the Taoiseach reminded him the Bill has been on the Order Paper for some time; we would not want it to wilt there.

Is there a danger of a logjam with financial services legislation? Currently there are three Bills promised that relate to financial services and regulation - the Financial Services (Miscellaneous Provisions) Bill, the Financial Services (Regulation) Bill and the Reform of Financial Regulatory Structures Bill. All three are urgently needed but, in view of the complexity of the NAMA legislation and the likelihood that it will take some time, would it not be better to appoint another Minister to agree at least on the heads of the Bills so they can be brought before the House now?

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