Oireachtas Joint and Select Committees
Thursday, 12 July 2018
Select Committee on Finance, Public Expenditure and Reform, and Taoiseach
Consumer Protection (Regulation of Credit Servicing Firms) (Amendment) Bill 2018: Committee Stage
10:30 am
Michael McGrath (Cork South Central, Fianna Fail) | Oireachtas source
We keep coming back to the core issue of the retail credit firm versus credit servicing firm. We need to hear further from the Central Bank as to why it favours the retail credit firm tier of regulation. I would like us to proceed with concluding Committee Stage and have that engagement. We should write to the Central Bank and ask its views on that and any other matter on which we want a response. This may be revisited on Report Stage. We should proceed and, I hope, conclude Committee Stage.
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