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:

Clearly not, because we have allowed it. Our role under the Act is in respect of each application. Since 2003, we have tried not to allow what was in place to be increased and we have largely succeeded. We have undertaken the research to see the implications of this and repeated it recently.