118 Deputy Mary Upton asked the Minister for Finance if, as part of his extension of the State’s protection to the banking industry here, he will demand that banks who wish to be regulated should be required to focus on either classic retail functions or on market actions; his views on whether such a distinction in the previous decade would have meant that the National Asset Management Agency would not have been required in view of the fact that those banks which speculated in the market would not be systemically important to the economy here; and if he will make a statement on the matter. [5923/10]

Summary

118 Deputy Mary Upton asked the Minister for Finance if, as part of his extension of the State’s protection to the banking industry here, he will demand that banks who wish to be regulated should be required to focus on either classic retail functions or on market actions; his views on whether such a distinction in the previous decade would have meant that the National Asset Management Agency would not have been required in view of the fact that those banks which speculated in the market would not be systemically important to the economy here; and if he will make a statement on the matter. [5923/10]

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• Banking Sector Regulation.

  xml · EN · 4 February 2010

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