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Ireland · Question · written

PQ 91

86 Deputy Joan Burton asked the Minister for Finance if credit default swaps and certain related derivative contracts are regarded by the regulatory authorities here as valid financial instruments creating enforceable rights or as void and unenforceable as wagering contracts; the manner in which dealing in such contracts is regulated; and if he will make a statement on the matter. [39000/08]

askedIreland· Dáil Éireann· EN

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6 November 2008

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6 November 2008

Summary

86 Deputy Joan Burton asked the Minister for Finance if credit default swaps and certain related derivative contracts are regarded by the regulatory authorities here as valid financial instruments creating enforceable rights or as void and unenforceable as wagering contracts; the manner in which dealing in such contracts is regulated; and if he will make a statement on the matter. [39000/08]

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Financial Services Regulation.

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