Oireachtas Joint and Select Committees
Wednesday, 27 May 2015
Committee on Finance, Public Expenditure and Reform: Select Sub-Committee on Finance
Consumer Protection (Regulation of Credit Servicing Firms) Bill 2015: Committee Stage
5:15 pm
Simon Harris (Wicklow, Fine Gael) | Oireachtas source
It is good to tease these matters out. Let me try to be clear. When we say conduct of business must be regulated by the Irish Central Bank, we refer to the interaction the bank has with its customer, and it is done here, whereas prudential issues such as solvency are regulated in Greece. The legislation is about consumer protection, which will be regulated by the Irish Central Bank.
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