Dáil debates

Thursday, 4 July 2013

11:10 am

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

The Tánaiste referenced very important legislation coming before the House today. This is the Central Bank (Supervision and Enforcement) Bill 2011. I commend the Minister for Finance on his openness to accepting amendments. Given the discussion we had, what does it really mean? We can give all the powers we want to the regulator but the Government is unwilling to ask a public interest director in a State-owned bank who did not inform the Central Bank, which is the regulator, that tapes exist with recordings of individuals which are now deemed serious by the Central Bank and are being looked at for regulatory breaches.

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