Oireachtas Joint and Select Committees

Wednesday, 12 May 2021

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

Consumer Credit (Amendment) Bill 2018 (Resumed): Engagement with Central Bank of Ireland

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

I welcome Ms McEvoy to the committee to discuss this legislation which I tabled a number of years ago. I expect Ms McEvoy has followed some of the discussion on it, including my intention to amend the legislation to deal with the issues of APR, which I also share. That is the benefit of pre-legislative scrutiny where we get a chance to hear from others who support the intention of the legislation but can refine and tweak the methods of getting to the end point and try to establish what that end point is. Maybe to start off with I will ask Ms McEvoy whether she believes there is tension in the Central Bank's dual mandate between financial security and consumer protection.

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