Members of the Oireachtas banking inquiry have reached agreement on producing a final report.
The Inquiry was facing difficulties after several members indicated they wanted extensive changes to a draft circulated a few days ago.
Following almost five hours of discussion at an emergency meeting today, the Oireachtas Banking Inquiry members believe they will be able to produce a report by the January deadline.
At a cost of €5m euro the Banking Inquiry ran into serious difficulties in recent days when several members said they were unhappy with a draft circulated.
The draft report, running to around 700 pages, prompted hundreds of amendments from Committee members.
Today's meeting decided it was not feasible to deal with rafts of amendments and instead a sub-group of members and officials will now work on a new draft taking into account the views expressed by committee members.
There still remains a challenge to finalise a new draft that the Committee can agree on while also meeting the January publication deadline.
But Committee chairman Ciaran Lynch said he believes they will deliver the report on time.
Speaking on his way into the meeting this morning, Sinn Féin TD Pearse Doherty said he is not happy with the report in its current form and that the committee need to examine if they have enough time to deal with the amount of amendments proposed.
"It is a draft report at this point in time. We always knew there would be amendments and the members input would change the draft form to the final and substantive and final report," he said.
"The question is; Does the process we have laid out and does the time-frame we have laid out allow us to do that.
"We wouldn't be here this morning if we thought it did," he added.
Fianna Fáil's Michael McGrath said they have a duty to complete the report and that to do anything else would abdicate their responsibility.
He said they have invested a lot of time and taxpayers money in the banking inquiry, and the final report needs to be brought "over the line".
