Joan Burton (Dublin West, Labour)

Does the Government still propose to legislate for a bank resolution mechanism that would enable the country to deal with future bank collapses without the kind of blanket bailout into which the Government entered, and which would also allow the country to deal with the issue of the senior bondholders and subordinated debt in a structured way? The Government has indicated the possibility of doing this. Has the Government reached a decision on whether it will legislate for a bank resolution mechanism and, if so, when?

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