135. Deputy Clare Daly asked the Minister for Finance his views on the European Union having indicated to this Deputy that it is possible to update a regulation by a later directive and that it has used this technique to justify the over-valuation of assets and the hiding of losses in Irish banks; and the circumstances in which a directive, passed after a regulation, can be used to update that regulation. [16879/16]

Summary

135. Deputy Clare Daly asked the Minister for Finance his views on the European Union having indicated to this Deputy that it is possible to update a regulation by a later directive and that it has used this technique to justify the over-valuation of assets and the hiding of losses in Irish banks; and the circumstances in which a directive, passed after a regulation, can be used to update that regulation. [16879/16]

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• EU Regulations

  xml · EN · 21 June 2016

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