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Ireland · Question · written

PQ 128

149 Deputy Michael Healy-Rae asked the Minister for Finance, following on from the programme for Government, his views on the commitment towards political reform, in view of the fact that the programme states that it will ensure that the Government is seen to be held to account and that Government is too centralised and unaccountable, and the need for a real shift in power from the State to the citizen, and further in view of the fact that power is being passed, not to the people, but to the Regulator, as per the terms of Statutory Instrument No. 515 of 2010, which was issued and enacted by the Financial Regulator, not by our elected legislators, the Central Bank of Ireland and Credit Institutions Bill, albeit necessary, passes even more power to the Financial Regulator and away from the people. [27187/11]

askedIreland· Dáil Éireann· EN

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4 October 2011

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4 October 2011

Summary

149 Deputy Michael Healy-Rae asked the Minister for Finance, following on from the programme for Government, his views on the commitment towards political reform, in view of the fact that the programme states that it will ensure that the Government is seen to be held to account and that Government is too centralised and unaccountable, and the need for a real shift in power from the State to the citizen, and further in view of the fact that power is being passed, not to the people, but to the Regulator, as per the terms of Statutory Instrument No. 515 of 2010, which was issued and enacted by the Financial Regulator, not by our elected legislators, the Central Bank of Ireland and Credit Institutions Bill, albeit necessary, passes even more power to the Financial Regulator and away from the people. [27187/11]

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Credit Union Regulation

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