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

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

Professor Lane has mentioned two drawbacks of the proposal - that it varies from emerging European norms and that it will impose some costs on vulture funds - and said he does not see any benefit from it. They seem to be his key points.

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