Oireachtas Joint and Select Committees

Thursday, 20 October 2016

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Central Bank (Variable Rate Mortgages) Bill 2016: Discussion

10:00 am

Photo of Rose Conway WalshRose Conway Walsh (Sinn Fein) | Oireachtas source

That is what I am trying to get at. I acknowledge that there have been some shifts which have had a positive impact. We would not be here today to discuss this Bill if the banks were doing what they are meant to do and if the Central Bank was doing what it is meant to do in line with its consumer protection role. I find it quite amazing that the Central Bank is refusing extra powers, or does not want extra powers. I will ask representatives of the Central Bank questions about that matter when they come in.

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