Oireachtas Joint and Select Committees
Tuesday, 20 December 2016
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector in Ireland: Central Bank of Ireland
11:00 am
Professor Philip Lane:
Until 2013, the law provided for a very limited capacity to issue serious fines. Probably the most interesting evidence is what has happened this year. The most recent fine of €4.5 million was issued in the case of Springboard. The cumulative amount of fines issued has been fairly high this year.
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