Oireachtas Joint and Select Committees

Thursday, 8 December 2016

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

Central Bank (Variable Rate Mortgages) Bill 2016: Central Bank of Ireland

9:30 am

Mr. Bernard Sheridan:

The fine is determined by how egregious the issues were and the appropriate punishment for that. The redress is a different matter because we want people to get back what they should always have had and compensation. The two are not necessarily directly linked.

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