Oireachtas Joint and Select Committees

Thursday, 5 December 2019

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

Central Bank: Discussion

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

Some banks are calling on the Central Bank to relax the rules. Are those same banks using the exemptions to the maximum extent? There may be some banks that will not use them in the context of their risk appetite. When, however, banks call for the Central Bank to change the rules but do not use the flexibilities within those rules to meet their customers' needs, it is questionable behaviour.

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