Paschal Donohoe (Dublin Central, Fine Gael) | Oireachtas source

I believe we have a strong regulatory system in Ireland. We have a regulator that has demonstrated its ability to manage a complex financial sector in a way that looks to protect the safety of our economy and respect the need for the customers and those who depend upon the sector to be treated in a way that is fair. I believe we have a strong regulatory system here.

Deputy Richmond went on to ask me another set of questions regarding where our banking system stands at the moment and how it can move forward. They are really serious issues that I touched on in my speech. What happens to our banks matters not only to those they employ but it also matters deeply to the contribution they can make to our economy and to jobs within our economy. I have highlighted several of the issues that have got us to the point where we are.

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