Brian Lenihan Jnr (Dublin West, Fianna Fail)

I confirm to the House that the regulator has been contacted and has confirmed that a person will be designated within the regulatory structure who will be willing to provide the information on an ongoing basis.

Most international observers have welcomed the appointment of the new regulator and have made the point that it is a very fine appointment. It is an external appointment and will create confidence in our regulatory system. The least the regulator is entitled to is a fair trial by the Deputy, rather than to be condemned in advance that he will presumptively not co-operate with the institutions of Parliament.

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