Oireachtas Joint and Select Committees

Wednesday, 10 November 2021

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

Corporation Tax Issues and General Scheme of the Central Bank (Individual Accountability Framework) Bill 2021: Minister for Finance

Photo of John McGuinnessJohn McGuinness (Carlow-Kilkenny, Fianna Fail) | Oireachtas source

I will push you a little on the banking forum. I am not talking about a permanent banking forum that would continue to roll on; I am talking about a banking forum made up of all stakeholders that would make a contribution verbally and perhaps make a statement together afterwards relative to and feeding into the legislation. You may say written submissions are just as good. I just thought there are such changes going on right from the bottom up, from the moneylender right to the commercial banking sector, that it would be helpful, and I am just putting the proposal before you again.

My next question is about the report this week, which may have been framed differently from what is actually happening. I refer to cuckoo funds and the funds generally and the Minister going on tour to attract them to the country. What did you make of that?

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