The Financial Regulator has asked the six Irish banks covered by the State's guarantee to submit new business plans showing how they plan to reduce their risks.
The regulator has also placed 'officers' in each of the banks to scrutinise their future operations.
20 officers have been employed to be placed on-site across the banks.
The moves were agreed as part of the €500bn deposit guarantee introduced by the Government to prop up the Irish banking sector amid the global financial cris... read more »
