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

4:20 pm

Mr. Bernard Sheridan:

We must assess the proposals under the agreed criteria, one of which is the commercial justification for the charge. We are obliged to follow procedures.

The joint committee may think we have a low rate of refusal but if one factors in partial refusals, it shows that we do not rubber stamp these notifications.

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