Oireachtas Joint and Select Committees

Wednesday, 21 November 2012

Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance

Credit Union Bill 2012: Committee Stage

5:20 pm

Photo of Richard Boyd BarrettRichard Boyd Barrett (Dún Laoghaire, People Before Profit Alliance) | Oireachtas source

The Irish League of Credit Unions places significant emphasis on this issue in its representations. It seems to be a reasonable request in what is now a very different regulatory environment that there be a clear understanding of how credit unions will relate to the Central Bank and the terms under which they will do so. I am interested in hearing the Minister's response, but it seems to be a reasonable request, given the new requirements being imposed on credit unions.

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