Oireachtas Joint and Select Committees

Wednesday, 21 September 2022

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

Banking Issues: Discussion (Resumed)

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

Before we go into some of the specific areas regarding banking in the Minister's opening statement, I mentioned at the banking forum that one of the areas the State needs to get a grip of is the issue of financial fraud, which has absolutely exploded in recent times. If the trend continues, it poses a real issue for the State and for banking services. In the Minister's view, does the Government have a strategy in relation to financial fraud? If it has a strategy, does the Minister believe it is working?

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