Oireachtas Joint and Select Committees
Thursday, 20 September 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Credit Union Bill 2012: Discussion (Resumed)
10:25 am
Ms Eimer O'Rourke:
No, we do not contend that regulation should be one-size-fits-all. There has to be proportionality and the rules have to be matched to the risk involved in any operation. We are speaking about a principle but, in terms of how it is implemented, it has to have the agility to match the various businesses involved.