Oireachtas Joint and Select Committees

Wednesday, 25 November 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Sector: Discussion

12:00 pm

Mr. Ed Farrell:

Ultimately. We are now meeting with officials from the Department of the Environment, Community and Local Government. We are looking to work with the various stakeholders to try to convince the regulator in due course that this is a good, prudent proposition. We hope the rule will be changed. However, it would be easier and quicker to get a project up and running if the regulatory rules did not need to be changed. It will take time to get the fund, the Department of Environment, Community and Local Government and the project people on board to do it, without having to start the process of changing a rule.

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