Oireachtas Joint and Select Committees

Wednesday, 9 July 2014

Joint Oireachtas Committee on Public Service Oversight and Petitions

Secrecy Provisions in Central Bank Act 1942 and Sanction Procedure: Mr. Alan Jackman

4:40 pm

Photo of Trevor Ó ClochartaighTrevor Ó Clochartaigh (Sinn Fein) | Oireachtas source

I congratulate Mr. Jackman on the petition. He has put much work into it and it is very coherent. As the Chairman said, people find it difficult to take the personal element out of their petitions and many have argued their personal cases, in which we have no jurisdiction. It is important that Mr. Jackman has highlighted a systemic issue. It is a very complex issue for people who are not involved in the financial sector. The committee must be seen to give a fair hearing to both sides of the argument. As Deputy Kirk said, we should examine international practices in other jurisdictions and get more information on how their regulatory systems handle this and whether the Irish system is different to other systems. Mr. Jackman said the finance sub-committee would possibly-----

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