Written answers
Thursday, 3 December 2009
Department of Finance
Financial Institutions Support Scheme
5:00 am
Joe McHugh (Donegal North East, Fine Gael)
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Question 18: To ask the Minister for Finance the discussions he has had with the UK authorities regarding the participation of banks operating in both jurisdictions in the respective State support schemes for banking; and if he will make a statement on the matter. [44831/09]
Brian Lenihan Jnr (Dublin West, Fianna Fail)
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At all stages of the international financial crisis, I have had contact with my UK counterpart regarding all aspects of the response to this crisis, including the respective State support schemes in both jurisdictions for financial institutions. In addition, there has been close contact on issues of mutual interest between representatives of the central banks, financial services regulators and financial ministries in the UK and Ireland to facilitate cooperation and coordination in financial crisis prevention, management and resolution for cross-border institutions.
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