Bernard J. Durkan
Question:53 Mr. Durkan asked the Minister for Finance the extent to which Irish financial institutions have adequate controls in respect of their overseas subsidiaries, having particular regard to indications given to the Committee of Public Accounts to the effect that the rules and regulations imposed by the Central Bank do not extend to their overseas subsidiaries; if his attention has been drawn to the threat this presents to the economy; his plans to implement measures to address the situation; and if he will make a statement on the matter. [12423/02]