Peter Power (Limerick East, Fianna Fail)

——and the agreement of European Union. That means we can get this up and running quickly. We have had long discussions on guidelines and whether they should be mandatory or optional and whether the Minister "may" or "shall" introduce them. We could have all the guidelines in the world directing the banks to do all types of wonderful things but if the banks do not have the capital on their balance sheets and cash——

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