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 will conclude by saying that we already have instant payments and asking the Minister to have a close look at the proposal because I have a slight concern that it could be interpreted as an anti-competitive measure, and could be effective as such a measure, which would have the consequence of preventing other financial institutions entering the Irish market. Nobody wants to see that happen. We want to see more competition in the Irish banking market. I thank the Minister.

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