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
Kieran O'Donnell (Fine Gael) | Oireachtas source
Hypothetically speaking, if a series of transactions in a bank were, to say the least, suspect, would the CCPC be able to get involved if civil law powers were available to it? Some people have more regard for the impact on their pockets than for possibly doing jail time. Many believe that, if they have enough resources behind them and a matter falls under civil law, they can take it to court and get off on a technicality. A civil fine would be based on the balance of probability rather than reasonable doubt.
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