Seanad debates

Wednesday, 9 April 2003

Central Bank and Financial Services Authority of Ireland Bill 2002: Report and Final Stages.

 

It is not appropriate to be so prescriptive in legislation in respect of what else should be contained in the report. International comparisons might well be a feature of the report, but it will be a matter for the consumer director to decide what comparisons or methods might be used to fulfil his or her obligations. For those reasons, I am unable to accept the amendment. However, I was impressed by the tenor of Senators' contributions on this section and I will undertake to bring their concerns to the attention of the appointee.

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