Financial Regulatory Forum

HIGHLIGHTS – Key points of Ireland’s bank rescue

By Reuters Staff
March 30, 2010

DUBLIN, March 30 (Reuters) – Ireland’s finance minister, its “bad bank” and its financial regulator made a series of announcements on Tuesday clarifying details of how it plans to tackle the country’s banking crisis.

Ireland sees EU support for “bad bank” valuation

By Reuters Staff
October 30, 2009

A pedestrian passes a branch of Allied Irish Bank in London August 14, 2009. (File Photo) REUTERS/Luke MacGregor   (BRITAIN BUSINESS)   DUBLIN, Oct 30 (Reuters) – The Irish government said the European Commission supports the valuation of its 54 billion euro “bad bank” plan, as it moved a step closer to becoming law, boosting shares in the main Irish banks.

Ireland tweaks “bad bank” law to keep Green support

October 9, 2009

By Carmel Crimmins
DUBLIN, Oct 9 (Reuters) – Ireland’s government altered legislation creating its “bad bank”, the National Asset Management Agency (NAMA), to include the threat of a levy on lenders, to make the law more palatable to junior coalition partner the Green Party.

Ireland to spend 54 billion euros for “bad bank”

By Reuters Staff
September 16, 2009

A pedestrian passes a branch of Allied Irish Bank in London August 14, 2009. By Carmel Crimmins and Andras Gergely
DUBLIN, Sept 16 (Reuters) – Ireland will spend 54 billion euros on resuscitating its financial system and economy after a brutal property crash, ramping up its national debt and leaving the door open for further capital injections into lenders.

D-day looms for Irish banks

By Reuters Staff
September 15, 2009

A branch of Allied Irish Bank is seen in London August 14, 2009. By Carmel Crimmins

DUBLIN, Sept 15 (Reuters) – Ireland will outline this week how much a make-or-break plan to revive its banking system will cost, setting the stage for possible further capital injections in the top two banks and a near doubling of the national debt.

Ireland gives “bad bank” wide powers

By Reuters Staff
July 30, 2009

By Carmel Crimmins and Padraic Halpin

DUBLIN, July 30 (Reuters) – Ireland unveiled a draft law on Thursday giving its “bad bank” wide powers to deal with the legacy of a devastating property crash, but investors will have to wait until September for clues on how much it will cost.