Oireachtas Joint and Select Committees
Wednesday, 25 January 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Economic Issues: Engagement with Governor of the Central Bank of Ireland
Mr. Gabriel Makhlouf:
Absolutely. I will invite my two colleagues to come in. We cannot answer about the specific transaction the Deputy is describing, in part as I am not sure we know enough of about it. Our world includes non-banks operating and providing financial services to consumers in the Irish market. Funds that may exist in another jurisdiction that buy assets in Ireland are operating in a different environment. That is a simple example to show the distinction between what we are interested in and the existence of entities that buy assets but which are not involved in the provision of financial services.
No comments