Oireachtas Joint and Select Committees

Thursday, 16 February 2017

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

Report on Cost of Motor Insurance: Minister of State at the Department of Finance

9:30 am

Photo of Eoghan MurphyEoghan Murphy (Dublin Bay South, Fine Gael) | Oireachtas source

The Central Bank has a number of obligations and responsibilities under this report. The changing of legislation regarding the Central Bank is no small thing. There are a number of different proposals for legislation that has to be changed. There is nothing to say that it could not happen before the deadline. We are engaging with the Central Bank and Insurance Ireland all the time. This is an important aspect of the report, though not the most important. Other areas in the report have been prioritised.

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