Oireachtas Joint and Select Committees

Tuesday, 20 June 2017

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

Irish Mortgage Market: Competition and Consumer Protection Commission

2:00 pm

Photo of Kieran O'DonnellKieran O'Donnell (Fine Gael) | Oireachtas source

I welcome the witnesses and compliment them on the body of work they have produced. Their role is enforcement of competition and consumer protection legislation across the economy. In recent years the enforcement of legislation invariably comes via the Central Bank itself. Do the witnesses have any role in overseeing whether the Central Bank is enforcing legislation effectively and comprehensively? During the banking crisis, questions were asked in that regard. Do the witnesses regard the legislation we have at the moment as fit for purpose in terms of white-collar crime? Could the witnesses explain their role vis-à-viswho oversees enforcement in terms of the Central Bank?

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