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

Photo of Simon HarrisSimon Harris (Wicklow, Fine Gael) | Oireachtas source

The conduct of business by the Greek bank we are using as an example must be regulated by the Central Bank of Ireland. The Deputy may feel free to reflect on it between now and Report Stage. The suggestion that there is something going on in Greece, the Irish consumer has no protection here and conduct of business regulation is done in Greece is not true. In the Greek bank example, the conduct of business and interaction with the customer is answerable to the Irish Central Bank.

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