Ivana Bacik (Independent)

This recommendation is important and it has merit. In answer to Senator Mullen, I would say it makes an explicit link between the date of the bank guarantee and the date of the passing of the Bill in respect of the information that is required on bankers' bonuses. It will have a chilling effect on the payment of such bonuses in the future. It is also information the public deserves to know concerning those State-supported credit institutions that are specified in this recommendation.