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Dáil
‹ Order of Business

Banking supervision legislation

Summary

The Tánaiste says legislation arising from the European single supervisory mechanism is expected to be introduced here, probably next year.

There is a consequence to everything. Debates in the House are arranged through the Whips and I do not propose to break that precedent. However, the Government is very open to a debate on public transport issues.

On banking supervision, the establishment of the single supervisory mechanism is being progressed at European Union level. As a result of what was agreed at the October Council meeting, it is intended that the legislative framework will be put in place by December. Whatever legislative measures here will then be introduced in the House but that will probably not happen until next year.

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