Michael Ahern (Cork East, Fianna Fail)

Section 33AK of the Central Bank Act 1942, inserted by section 26 of the Central Bank and Financial Services Authority of Ireland Act 2003, lays down the rules for the bank and IFSRA on the disclosure of confidential information. It is considered that the same considerations arise regarding the prospectus directive. Section 32 has already added the relevant market abuse directives to the directive listed in section 33AK of the Central Bank Act and amendment No. 8 adds the prospectus directive to the list. I commend amendments Nos. 7 and 8 to the House.