Oireachtas Joint and Select Committees

Wednesday, 29 January 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Report on Licensed Moneylending Industry: Central Bank of Ireland

3:45 pm

Photo of Ciarán LynchCiarán Lynch (Cork South Central, Labour) | Oireachtas source

I want to be clear, as members will need to be certain about this matter when they are asking questions. Mr. Sheridan's section in the Central Bank sets the ceiling for the interest rates allowable for these companies. It is not set by legislation, but at Mr. Sheridan's desk.

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