Oireachtas Joint and Select Committees

Thursday, 22 February 2018

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)

9:30 am

Photo of Michael McGrathMichael McGrath (Cork South Central, Fianna Fail) | Oireachtas source

They are currently trading here. That is not the issue that I am referring to, but how banks regulated at a European level by the SSM cannot sell here or how a customer here cannot avail of their products. It is wrong. It is not a single market and it should be. We can sell beef, butter and milk. We can trade goods and services without barriers but we cannot buy financial services. We are paying way over the odds to our own banks. We should be leading the charge on this issue.

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