Dáil debates

Wednesday, 12 May 2010

Central Bank Reform Bill 2010: Second Stage (Resumed)

 

4:00 pm

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

The work relating to the bank resolution issue is highly complex in character. We have, for example, studied the United Kingdom legislation, which raises serious constitutional questions in this jurisdiction. We have also looked at legislative models in other jurisdictions, with some of which fault has already been found. We will get this right and we expect proposals to be brought forward early next year in that regard.

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