419 Deputy Joan Burton asked the Minister for Finance the progress that has been made regarding compliance with the requirement to provide and promote basic bank accounts in accordance with the bank recapitalisation scheme announced on 21 December 2008; the outcome that has resulted from the Financial Regulator’s subsequent engagement with the recapitalised banks regarding the development of these accounts; if that engagement has resulted in a set of detailed criteria which basic bank accounts must meet and, if so, if he will specify those criteria; if any detailed targets have been set regarding the provision and promotion of basic bank accounts; the mechanisms that have been put in place to monitor the provision and promotion of basic bank accounts; and if he will make a statement on the matter. [31894/10]

Summary

419 Deputy Joan Burton asked the Minister for Finance the progress that has been made regarding compliance with the requirement to provide and promote basic bank accounts in accordance with the bank recapitalisation scheme announced on 21 December 2008; the outcome that has resulted from the Financial Regulator’s subsequent engagement with the recapitalised banks regarding the development of these accounts; if that engagement has resulted in a set of detailed criteria which basic bank accounts must meet and, if so, if he will specify those criteria; if any detailed targets have been set regarding the provision and promotion of basic bank accounts; the mechanisms that have been put in place to monitor the provision and promotion of basic bank accounts; and if he will make a statement on the matter. [31894/10]

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• Banking Sector Regulation

  xml · EN · 29 September 2010

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