Oireachtas Joint and Select Committees
Thursday, 6 October 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Rising Costs of Motor Insurance: Discussion (Resumed)
10:00 am
Mr. Bernard Sheridan:
We have a role in terms of protecting consumers of insurance companies. We have various regulations and consumer protection codes with which insurance companies must comply. Our role is to monitor and enforce compliance with what we do every day. The responsibility lies with the Central Bank in terms of consumer protection. Unless the commission is referring to something else, we are responsible.
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