IBRC legal impediments
Catherine Murphy asks whether legislation will address confidentiality, privilege and Stock Exchange barriers to the IBRC review; the Taoiseach says the Attorney General is examining the matter for Cabinet next Tuesday.
On the interim report into IBRC, Mr. Justice Cregan identifies confidentiality, privilege and the Stock Exchange as areas where there is a legal impediment to proceeding and estimates that the 18 months it would take to do even a scaled down review would only kick in after these legal difficulties have been addressed. Does the Government plan to introduce legislation or is the Attorney General working on legislation in these three areas? If so, is it likely to be emergency legislation that will be enacted before Christmas?
Comment on this
I would like to think that the Government, on behalf of the Oireachtas, can respond to the difficulties outlined by Mr. Justice Cregan, taking into account the written observations on the interim report from different Members. The Attorney General and her office are working on the interim report received from Mr. Justice Cregan and I expect the Government will discuss this matter at its meeting next Tuesday.