254 Mr. Hogan asked the Minister for Finance the respective roles of his Department and the Financial Regulator in the formation of policy in key areas, specifically in the reform of credit union legislation; if his recent decision to ask the Financial Regulator to examine proposals on the savings protection scheme and to champion the reform of the regulatory framework for the credit union movement, involves an abdication of responsibility for policy information by his Department by bestowing such powers on the regulator; his views on whether this is appropriate in terms of the respective roles of both the regulator and his Department; and if he will make a statement on the matter. [38703/06]

Summary

254 Mr. Hogan asked the Minister for Finance the respective roles of his Department and the Financial Regulator in the formation of policy in key areas, specifically in the reform of credit union legislation; if his recent decision to ask the Financial Regulator to examine proposals on the savings protection scheme and to champion the reform of the regulatory framework for the credit union movement, involves an abdication of responsibility for policy information by his Department by bestowing such powers on the regulator; his views on whether this is appropriate in terms of the respective roles of both the regulator and his Department; and if he will make a statement on the matter. [38703/06]

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• Financial Services Regulation.

  xml · EN · 21 November 2006

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