Michael Noonan (Limerick City, Fine Gael) | Oireachtas source

This amendment is also technical in nature and is designed to remedy a incorrect reference in the Central Bank and Credit Institutions (Resolution) Act 2011. The objective is to ensure that the Central Bank is legally able to share confidential information to facilitate the Central Bank, the Minister, the Governor, the head of financial regulation or a special manager appointed under the resolution Act in the performance of its, his or her functions under the Act. This should remove any obstacle to the necessary information exchange.

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