Oireachtas Joint and Select Committees

Wednesday, 17 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Bank Charges: Discussion with Central Bank and ISME

2:40 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

Is the material published on what stands notified since 1996? Can it be accessed? What I am asking Mr. Sheridan to do is to give us details of what stands notified since 1996 but has not yet been applied by the banks. These details would give us some sense of what could be coming down the track. Obviously, the banks are free to submit new applications to the Central Bank at any time and it must adjudicate on those based on the Act. However, could Mr. Sheridan give us a handle on what is potentially there which the Central Bank is not in a position to stop? That would be helpful.

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