Dáil debates

Tuesday, 9 February 2010

4:00 pm

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

Speaking of bigger people, I refer to the promised legislation to consolidate the legislation relating to the Central Bank into a single statute. Publication is expected in 2010. As the Taoiseach is well aware, I have raised this matter before and I am raising it again. What progress has been made to bring that Bill before the House since I last raised the matter on the second day of this month?

I refer to the Central Bank (No. 2) Bill which aims to address the question of necessary changes and enhancements to the regulatory functions of the Central Bank. Surely, it must be a priority in this country at this time? The legislation is to consolidate and modernise financial services legislation according to the Government's better regulation agenda, a matter I have raised before in the House. "Publication expected." was the answer to the question on the last occasion and it was not possible to indicate a date at that stage. Will the Taoiseach indicate what progress, if any, has taken place since I raised that question on the last occasion?

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