Simon Coveney (Cork South Central, Fine Gael) | Oireachtas source

We are in a process here. The focus is to try to get people their money back, first and foremost. The Government strongly supports the Central Bank in the work that it needs to do to make sure that this does not happen again and to make sure that people who have suffered financially, not only get their money back, but get appropriately compensated also. The Minister for Finance has introduced changes to make sure this can happen. However, that does not mean this is the end of the process. What the Deputy is calling for is in advance of the next update, which we need to get from the Central Bank to know where we are in regard to ensuring the banks follow through on the commitments they have been forced to make by the Central Bank and, indeed, the Minister for Finance in the context of the meetings he has had with the banks.

This process is not over. The first thing we must do is to focus on ensuring that people get their money back and are adequately compensated. That is the primary focus of both the Central Bank and Government.

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