Dáil debates
Thursday, 30 November 2017
Other Questions
Banking Sector Regulation
11:30 am
Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source
I am aware of the Deputies' views on this matter and the way in which the issue has unfolded and been dealt with in the United Kingdom. I am also aware of the consequences for many of the companies and firms that dealt with the group. There may be a point in the future at which I or the Central Bank can say more about the work the bank is doing, but I cannot do so while the work is ongoing. I am well aware of the seriousness with which the Deputies view the matter, but I expect that given that they are hoping to see progress made on the issue, they will also understand the only organisation that has and should have the power to do this work is the Central Bank. Before I comment further on the matter, I must allow it to do its work, at which point it will also comment.
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