Sean Barrett (Independent) | Oireachtas source

At 3.26 p.m. yesterday the Department of Finance informed my office that it had decided not to respond to the European Commission's consultation paper on structural reform of the banking sector. I raise this matter in the context of No. 30 on the Order Paper and of discussions in which I, as a Member of this honourable House, engaged with the Department. I took it upon myself to make a submission in respect of the consultation paper because structural reform of the banking sector is absolutely vital in light of the problems that sector has created for this country. I am pleased to inform Members that the Seanad went to bat for Ireland in respect of this major issue-----