Oireachtas Joint and Select Committees

Thursday, 23 March 2017

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

Overview of the Credit Union Sector: Discussion

9:30 am

Photo of Seán SherlockSeán Sherlock (Cork East, Labour) | Oireachtas source

Mr. Carville described credit unions as diverse and stated their mode of operation presents challenges in that there are 283 different boards and entities. He also referred to the need for flexibility and proportionality in policy and regulation to support the credit union framework. Does this involve having a process of tiered regulation and, if so, when will such a process be in place?

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