Oireachtas Joint and Select Committees

Wednesday, 3 December 2014

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Business of Joint Committee
General Scheme of Sale of Loan Books to Unregulated Third Parties Bill 2014: Discussion

3:00 pm

Photo of Paul MurphyPaul Murphy (Dublin South West, Socialist Party) | Oireachtas source

My final question is on a somewhat separate matter. Many of us believe that the code of conduct is inadequate and not rigorously enforced. This legislation brings others under the Central Bank's code of conduct, which is for the Central Bank to enforce. In theory, the Dáil could give a legislative basis to something equivalent to the code of conduct. Nothing in how the Central Bank works necessarily means that there cannot be such legislation.

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