Oireachtas Joint and Select Committees
Tuesday, 21 March 2017
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Overview of the Credit Union Sector: Discussion
4:00 pm
Mr. Ed Farrell:
I think it is generally accepted that because the tiering arrangement did not get implemented, the burden on and cost to the smaller group is now excessive. The issue for the bigger group is constraints on its business development. It is generally accepted, and it is also the view of the board, I believe, that the tiering has done as I have described, certainly for the smaller, simpler cohort of credit unions.
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