Brian Ó Domhnaill (Fianna Fail) | Oireachtas source

Amendment No. 126 appears to be vague, although I understand the Minister of State will follow up with regulations. Is the wording imprecise? The insertion would state: "The proportion of assets kept in liquid form shall take into account the nature, scale and complexity of the credit union, and the composition and maturity of its assets and liabilities.? Will the Central Bank have a role after the legislation is implemented in drawing up a detailed list of obligations with which credit unions must comply?