Oireachtas Joint and Select Committees

Tuesday, 23 October 2018

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

Report on Local Public Banking: Discussion

1:30 pm

Photo of Pearse DohertyPearse Doherty (Donegal, Sinn Fein) | Oireachtas source

One of the biggest criticisms I have in terms of the regulation of credit unions is that the Central Bank has not applied a tiered regulation, as a one-size-fits-all approach is not the solution. It was argued here a couple of years ago that we should take the current approach and then move to a more tiered system. Will we now take a tiered approach or will there be flexibility for different types of credit unions?

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