Oireachtas Joint and Select Committees

Thursday, 12 October 2017

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

Banking Sector in Ireland (Resumed): Customer Experience

9:30 am

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

Why, then, is the Central Bank affording the banks so much time to comply with the review? Is it credible that the Central Bank does not have the power to insist on the banks coming forward with the information in a matter of weeks? To the ordinary person looking in, it appears that the tail is wagging the dog. The banks are telling the Central Bank they cannot come up with the information in the requisite time. Is that credible?

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