Oireachtas Joint and Select Committees
Thursday, 10 May 2018
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Banking Sector: Quarterly Engagement with the Central Bank of Ireland
9:30 am
Peter Burke (Longford-Westmeath, Fine Gael) | Oireachtas source
It is very difficult because the OECD has a different definition of the digital economy from that used by the IMF, for example, and there is no individual impact assessment being carried out for member states. Is it the responsibility of the Irish Central Bank, if it sees a policy being devised in Europe that could present a real threat to our economy but where that risk is not being quantified before policymakers make a final decision to implement it, to respond as guardian of our financial system?
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