Oireachtas Joint and Select Committees

Wednesday, 16 December 2015

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Credit Union Sector: Discussion (Resumed)

2:30 pm

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

In her opening statement Ms McKiernan said:

To bring additional clarity to the challenges around business model development, we recently initiated a stakeholder dialogue process, where we engage with credit union stakeholders on their priorities for business development and our expectations to ensure that regulatory standards are met and members’ funds are appropriately protected.

This seems to be a very good idea. How many such meetings have been held to date? Would Ms McKiernan consider holding off on further implementation of CP88 pending the outcome of these consultations?

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