Oireachtas Joint and Select Committees
Wednesday, 29 January 2014
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Report on Licensed Moneylending Industry: Central Bank of Ireland
3:45 pm
Ciarán Lynch (Cork South Central, Labour)
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I want to be clear, as members will need to be certain about this matter when they are asking questions. Mr. Sheridan's section in the Central Bank sets the ceiling for the interest rates allowable for these companies. It is not set by legislation, but at Mr. Sheridan's desk.