Oireachtas Joint and Select Committees
Tuesday, 12 March 2019
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
A Future Framework for Accountability in the Banking Sector: Discussion
John McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source
Mr. Tobin stated in his opening remarks that it was about regulated services. Is there any way of ensuring that those that are not regulated meet some standard? The Central Bank (amendment) Bill is an opportunity to deal with the many issues that have arisen. One of the major issues is the behaviour of vulture funds and non-regulated entities. Can protocols on what sorts of practice are expected be set out in the Bill so that such entities can operate in the market but know from the outset that we are watching them?
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