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

4:25 pm

Mr. Bernard Sheridan:

There is currently one investigation into the practice to which the Deputy refers. With regard to prosecutions, we have applied our role through either refusals of a renewal of a licence or taking action against individuals. We have had a number of cases in which we managed to do this.