Brendan Howlin (Wexford, Labour) | Oireachtas source

The Taoiseach will be aware or should be that the ECB's single supervisory mechanism is looking at the rules again. That is a fact. What I propose is not a loosening of regulations, but a rebalancing of regulation to be more pro-people as opposed to so emphatically pro-bank. We endured that through the period of time when the country itself was insolvent because the banks were insolvent. It is a different time now and it requires a different outcome. As such, I ask the Taoiseach again, from the dismissal of the suggestion I have made, whether he or the Government has a view on the review of the SSM which is under way and, in the interim, if he will give assurances and reassurance today to people who are already under stress that they will not be in the hands of people with even less regard for their future than the banks in this country have proven to have had in the past.

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