Oireachtas Joint and Select Committees
Wednesday, 4 June 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Scrutiny of EU Legislative Proposals
3:55 pm
Liam Twomey (Wexford, Fine Gael) | Oireachtas source
Most of the money market funds in this country are very low-risk. Should we be concerned about higher risks in other areas of shadow banking? Reference was made to the connection between some of these funds and the larger banks. Is there a concern about the ratio of the deposits in these banks to the money passing through the less regulated shadow banking sector?
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