Oireachtas Joint and Select Committees

Tuesday, 20 April 2021

Select Committee on Justice and Equality

Counterfeiting Bill 2020: Committee Stage

Photo of James BrowneJames Browne (Wexford, Fianna Fail) | Oireachtas source

I can give Deputy Howlin the clarification on that matter now, if it helps. In effect, what the ECB has stated is that the coin-related tasks conferred on the Central Bank of Ireland, CBI, do not form part of the functions of the euro system and that coins in euro are issued through the CBI as agent for the Minister for Finance. In effect, instead of coming out of the Central Bank of Ireland, it will come directly from the Minister for Finance.

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