Dáil debates

Wednesday, 24 October 2012

11:05 am

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael) | Oireachtas source

No decision has been made about the budget for 2013. The Government will decide the matter in due course.

Last year I wrote to the regulator on behalf of the Government about the banks. I made it perfectly clear that if the regulator required further powers or authority, the Government would be willing to grant them. The regulator responded to the effect that he did not consider it necessary at the time to look for increased powers from the Government. That is the current position. If we receive a request from the regulator for further powers in his dealings with the banks, the Government will respond positively.

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