Oireachtas Joint and Select Committees
Wednesday, 1 March 2023
Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach
Investment Funds: Discussion
Mr. Brendan Burgess:
We do not know. One of the disadvantages of having consumer protection in the Central Bank is that it will never discuss what it is going, although a section in the Central Bank Act allows it to discuss consumer protection. It can disclose information if it is in the consumer's interests. That would be one advantage but overall if I was asked to vote, I think, on balance, I would leave consumer protection with the Central Bank.
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