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

Photo of Gerry HorkanGerry Horkan (Fianna Fail) | Oireachtas source

As members, we will be asking Department of Finance officials on Thursday for their take on what the delegates are saying today. We will be asking them why all credit unions are being regulated to the same extent. We are trying to pre-empt the discussion and get as much ammunition from the delegates as possible. The cost of regulation is significant and it did not always arise. I believe the delegates are suggesting the smaller credit unions do not need to be subjected to as much regulation as the bigger credit unions.

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