Dáil debates

Tuesday, 15 November 2011

 

Banking Sector Regulation

2:00 pm

Photo of Michael NoonanMichael Noonan (Limerick City, Fine Gael)

He is also independent in the exercise of his functions, which is important to remember. We will continue our contact with the Deputy Governor. It has proved very effective up to now. He has a range of powers at his disposal. He said he is not seeking new powers at the current time. We will see how the situation develops over the coming weeks.

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