Oireachtas Joint and Select Committees

Wednesday, 23 February 2022

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

Consumer Protection (Regulation of Retail Credit and Credit Servicing Firms) Bill 2021: Committee Stage

Photo of Seán FlemingSeán Fleming (Laois-Offaly, Fianna Fail) | Oireachtas source

While this is not a necessary requirement at the moment for the processing of PPS numbers by the Central Bank or by credit information providers in relation to the CCR, as the statutory basis for that use of PPS numbers in relation to the CCR is contained in the Credit Reporting Act, the Central Bank nevertheless indicates that the inclusion of the CCR on Schedule 5 would have a number of additional benefits for the operation of the CCR as it would offer potential improvements in data accuracy through access to PPSN validation tools maintained by the Department of Public Expenditure and Reform. The belief is that it could provide a greater level of improvement of data accuracy by including it here.

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