Oireachtas Joint and Select Committees
Tuesday, 9 March 2021
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Central Bank of Ireland: Discussion
Peadar Tóibín (Meath West, Aontú) | Oireachtas source
Enormous reputational damage has been caused to the country, especially the internationally traded financial services sector. What has happened over the past number of years has come at a significant cost. One of the sentences that hopped off the page when I read the report was about sunlight acting as a disinfectant against malpractice. To be honest, I have not seen much sunlight here. That may not be the responsibility of the Central Bank; it may be the legislation that governs the actions of the Central Bank.
I am struck by the sentence that: "Information made public is in accordance with an agreement with the firm". I struggle to think of any space in the rest of our society where such a level of malpractice and law-breaking would involve a non-disclosure agreement, to a certain extent.
No comments