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

Before Mr. Sheridan comments I wish to state that the Central Bank is the ultimate judge of what is fair, under the consumer protection code, in terms of mortgage pricing. Mr. Sibley has given a number of examples and asked whether it is fair. We are talking about existing customers and new customers availing of the same product but being given different offers. Clearly, inaction by the Central Bank on that issue deems the process to be fair. The Cental Bank does not seem to have an issue with this practice.