Seanad debates

Wednesday, 2 April 2003

Central Bank and Financial Services Authority of Ireland Bill 2002: Committee Stage.

 

The regulatory authority must lay its annual estimates before the Houses of the Oireachtas following approval by the Minister. Their accountability will be supported by the fact that the authority must also submit its annual strategic plan and report to the Minister who, in turn, will lay them before the Houses of the Oireachtas. The Minister will also require the authority to ensure its annual report includes appropriate indicators of performance.

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