The programme for Government committed to supporting the European Central Bank and the Central Bank of Ireland in encouraging competition in our banking sector and to develop the fintech sector as a source of employment and competition. As a former member of the banking inquiry, I am acutely aware of our macro-prudential regulatory failings in the past and the flaw in the dual role of the Central Bank to regulate and promote financial services. We have moved on very substantially since then, but despite the fact th…