Oireachtas Joint and Select Committees

Thursday, 18 January 2018

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

Tracker Mortgages: Central Bank of Ireland

9:30 am

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

The Central Bank observes the market and the activities within that market - good and bad. When the Central Bank is asked whether it wants more powers, would it say to the Minister that from a consumer protection aspect, perhaps the Government should look at having an ombudsman or a role for the Central Bank to play in protecting SMEs that have a turnover value up to €50 million?

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