Michael McCarthy (Cork South West, Labour)

Thank you, a Ceann Comhairle. Unlike previous speakers, I will certainly comply with Standing Orders.

Will the Tánaiste indicate when the Central Bank (supervision and enforcement) Bill will be published? It is obvious that supervision within the financial sector was, to say the least, lacking in recent years. I appreciate that a number of measures have been put in place in the context of merging various units and providing and enhancing supervisory functions. In light of the current crisis and the climate which obtains, will the Tánaiste indicate when the Bill to which I refer will be brought before the House?

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