Seanad debates
Wednesday, 19 October 2011
Central Bank and Credit Institutions (Resolution) (No. 2) Bill 2011: Committee and Remaining Stages
12:00 pm
Michael Noonan (Limerick City, Fine Gael)
Seemingly, the section, to which Senator Sheahan refers, refers to non-residents. It is the common bond between two credit unions and it is an appropriate mechanism for that situation.
In reply to Senator Sheahan, I have been reminded that there is a Bill on Second Stage, the Central Bank (Supervision and Enforcement) Bill 2011, which we will be debating here shortly and which will protect whisleblowers in financial institutions.
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