Oireachtas Joint and Select Committees

Wednesday, 23 October 2013

Joint Oireachtas Committee on Transport and Communications

Scrutiny of EU Legislative Proposals

10:10 am

Photo of Helen McEnteeHelen McEntee (Meath East, Fine Gael) | Oireachtas source

I thank the delegation for its presentation. In theory this proposal is a great idea, but there is a possibility of disruption. As Mr. O’Brien said, each market has its own needs. How will the Department address this? I agree with Deputy Coffey that this is a matter of national importance. Much of the industry has reacted negatively to it. Will the delegation expand on how it will affect the consumer and the public? Is this connected to companies in Ireland that are experiencing changes to their banking arrangements to bring them into line with EU practices?

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