Oireachtas Joint and Select Committees

Tuesday, 20 April 2021

Select Committee on Finance, Public Expenditure and Reform, and Taoiseach

Estimates for Public Services 2021
Vote 7 - Office of the Minister for Finance (Revised)
Vote 8 - Office of the Comptroller and Auditor General (Revised)
Vote 9 - Office of the Revenue Commissioners (Revised)
Vote 10 - Tax Appeals Commission (Revised)

Photo of Jim O'CallaghanJim O'Callaghan (Dublin Bay South, Fianna Fail) | Oireachtas source

I thank the Minister. Has he had an opportunity to look at the proposal by the three banks in which the State has an interest, AIB, Bank of Ireland and Permanent TSB, in respect of Synch Payments, a service these banks suggest will provide for instant payments? Some people believe it is an anti-competitive measure. Has the Minister had an opportunity to look at that? Does he have any comments to make in that regard?

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