Paul Coghlan (Fine Gael)

I am delighted to note Senator Darragh O'Brien's excitement in regard to tomorrow's business and hopefully he will manage to contain himself. On a more serious note, ever since the Lehman Brothers crash in September 2008, the banking world has not been the same and banking practices everywhere have been suspect. We are still awaiting our own banking inquiry in this country.

We saw recently that a major international bank in Britain, Barclays, fiddled and manipulated the London interbank money rate. How can we sure about the Dublin interbank rate? This is a vital interest rate. We need true reform of the system. Greater transparency is essential. We cannot afford in this country to have any hint of the sustained fraud which occurred in Britain. In light of that, I ask the Leader if he would be good enough to arrange a debate on banking as early as possible.