Seanad debates
Wednesday, 1 October 2008
Credit Institutions (Financial Support) Bill 2008: Committee Stage.
6:00 pm
Paul Coghlan (Fine Gael)
It is a very important point and I discussed it privately with the Minister between Second Stage and Committee Stage. This institution, as I understand it, is wholly licensed and regulated in Ireland. Can we have the operations of any foreign institution which the Minister may have to deal with ring-fenced, as we would need the operations of our own banks abroad ring-fenced?
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