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 Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

My next question may have been asked already. The Central Bank has a lot of power and banks have told the committee they are subject to its powers, to its oversight, etc. From what Mr. Kissane said, it seems the Central Bank is not using its powers. Should the Oireachtas should give it more power to take further action? Does it have enough power to wield the axe?

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